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One question on a recent General Social Survey asked, "Do you think that it should be government's responsibility to reduce income differences between the rich and the poor?" Those answering yes included 90 of the 142 respondents who called themselves "strong Democrat" in political party identification and 26 of the 102 who called themselves "strong Republican."
When the 2000 GSS asked whether human beings developed from earlier species of animals, 53.8% of 1095 respondents answered that this was probably or definitely not true.
Find a 99% confidence interval for the corresponding population proportion. Show your work to allow for partial credit.
Use side-by-side firm and market diagrams to show the effect of such shift in demand in one such industry in both short run and long run.
If 188 countries of the world issue their own currencies, and all of these currencies are traded in free open foreign exchange markets, how many exchange rates are there in total? How many so-called fundamental exchange rates are there, where the ter..
Suppose you have the choice of investing in (A) a zero-coupon bond, which costs $500 today, pays no coupon during its life, compounds semi-annually, and then pays $1,000 after 10 years, or (B) a bond which costs $750 today, pays $25 in interest semi ..
The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the gl..
A change in the supply of tablets(i.e Ipad, surface, kindlefire and etc) a- result from a change in consumer taste and preferences b- leads to a change in the amount of tablet s offered at every price c- results from a change in the price of tablets ..
After reading about the history of welfare in the USA, describe in your own words how our current welfare system came to be. What are your thoughts about Sweden's welfare system? How would creating a similar system in the USA impact the field of huma..
1A. How has competition in the music entertainment industry changed over the years? 2C. What drives sales in the music industry.
What kind of government failures could result? Explain. Be complete and use the language of economics.
What are the sources of inflation? How would you illustrate them graphically? with references if possible.
What effect will each of the following proposed changes have on wage inequality?
If current GDP is 8500, the economy is in long and short run equilibrium.
How can a college student successfully manage their time during the week to accomplish their learning activities?
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