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Marilyn decides to stop buying premium coffee drinks and save the amount that she normally would have spent on them; $100 per month. If she earns 5% on her investments after taxes, how would she calculate how much she will have accumulated in 5 years from this investment strategy?
In each of the following situations, the possible bundles contain apples and oranges and either 0, 1 or 2 of each. An example bundle would be 2 apples and 1 orange = (2, 1). In each part, there is a description of a set of preferences. If the orderin..
U.S. is currently suffering from underemployment and excessive current account deficit. a) What measures can U.S. take to move away from its present situation towards internal and external balance? Consider rules of Bretton Woods and policy tools. b)..
You are the health care administrator for a physician practice with five primary care physicians. Your practice has an existing electronic health record (EHR).
Using simple diagrams, show how each of the following, in theory, affects (i) the supply of food for urban consumers, and (ii) the welfare of a representative agricultural household:
Consider the assumption that the poor are hard to reach. Is the comment offered about opening up untapped markets worth considering by entrepreneurs?
Assume that the Good Tire company needs outside legal help and that the expected marginal benefit of this help is given by MB=$200- 2-L, where L equals hours per week of legal services. discuss how different assumptions about market structure, inform..
There are fixed costs of $50. Once the optimal level of output is determined, how much profit does the firm make?
Why is it necessary to assume that there is a diminishing marginal rate of technical substitution between capital and labor? A decrease in the demand for dollars by the rest of the world will cause the dollar to appreciate or depreciate? Why is count..
Mike spends all his money on Jelly Beans and Gummy Bears and these two products are perfect substitutes for Mike. A few of Mike’s indifference curves are shown in the figure below. The dark line L is Mike’s budget line at current prices. The Jelly Be..
What if we can't pay it back? What happens if lenders lose confidence in the US government and are no longer willing to lend?
The probability of making exactly four sales. b. The probability of making no sales. c. The probability of making exactly two sales. d. The mean number of sales
Plot the time series of each series_ Does each series appear to be stationary? Examine the ACF and PACF of the residuals from part (d). Do they appear to be stationary?
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