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Which of the following measures the degree of linear association between two variables?
For each of the cases below, explain whether they represent a type of price discrimination or not and, if they do, which type.
A brief working definition of representative democracy, constitutional democracy, and republic forms of government. Then, explain how these concepts impact contemporary democratic governance. Provide specific examples to illustrate your points.
What is a duty that managers owe to the corporation? Discuss an example of a positive method that the manager may uphold that duty. Provide an example of an act or omission that depicts a manager violating the duty.
M1 money growth in the U.S. was about 16% in 2008, 7% in 2009 and 9% in 2010. Over the same time period, the yield on 3-month T-bills fell from almost 3% to close to 0%. Given these high rates of money growth, why did the interest rates fall, rather ..
Identify which of the following are extent decisions. Decide whether to expand an existing product into a new region. George’s T-Shirt shop products 5,000 custom-printed T-shirts per month. George’s fixed costs are $15,000 per month. The marginal co..
Could not Ethiopia become a world class producer and exporter of goods? How would Ethiopia compare with Japan? Japan is a country relatively POOR in natural resources, yet it is an economic world powerhouse. What are the differences between the tw..
Discuss the pros and cons of the two “advanced” forms of estimating energy demand. What do they excel at and where are they lacking? How might policy changes be built into the models? Assume the following two equations for the extraction of a natural..
Suppose that the Organization of Petroleum Exporting Countries (OPEC) raises oil prices by 50%. What effect will this have on the U.S. aggregate demand curve? On the U.S. short-run aggregate supply curve?
Use an annual cash flow analysis to determine the more economical choice if interest is 6%
Suppose the components of spending in an economy are as follows: What is the equilibrium level of income (Y)? (Hint: Y=C+I+X-M) What is the trade balance (X-M) at this equilibrium ? Suppose exports increase by 100. What is the new equilibrium level o..
Suppose you have an offer of $200,000 to sell your house this year. The market rate of interest is 10%. You expect to be able to sell your house next year for $230,000. How does this relate to the theory of nonrenewable resource allocation over time?..
A commerical bank sells treasury bond to the federal reserve for 100,000. Does the money supply increase or decrease? By how much? Explain why
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