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When recording devices were first invented almost 100 years ago, musicians could suddenly supply their music to large audiences at low cost. How do you suppose this development affected the income of the best musicians? How do you suppose it affected the income of average musicians?
Karl Marx’s thinking is a product of the l9th century. There have been great economic, political, and technological changes since then. How are his theories to be evaluated today? Are they perhaps obsolete and outdated?
You are in charge of making recommendations based on economic forecasts to upper management of your firm, which produces widgets, and employs 2,500 workers. What would you look for in terms of leading indicators (discuss at least three indicators), a..
Consider an agricultural subsidy provided by the US government. Consider also that milk is one of the products subsidized. If there is NO trade with the rest of the world, the domestic price of milk in the US would be $2 per gallon and the equilibriu..
Graph the estimate of the AD and AS curves clearly showing the equilibrium point indicating the price on the vertical axis and the output on the horizontal axis.
The _____ statement can contain both a review of the evidence and an attack of the other side’s case.
Think of any financial innovation in the past ten years
Explain the design of a public policy that would subsidize the private performance of the R&D (to ensure that the research is done by the private sector) yet would minimize the public funds used.
q1. consider a market where supply and demand are given by qxs -14 px and qxd 82 - 2px. suppose the government
create a scatter chart to display thegame
A group of investors has formed Trump Corporation to purchase a small hotel. The price is $150,000 for the land and $850,000 for the hotel building. If the purchase takes place in June, compute the MACRS depreciation for the first three calendar year..
A decrease in the wage rate
Suppose you detect heteroskedasicity and /or auto correlated errors in your regression. What is the difference between (I) calculating robust errors versus (ii) conducting a weighted least squares or feasible generalized least squares analysis.
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