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What has been the economic effect of marijuana legalization in Nevada, California and all the states that have legalized both medical and recreation marijuana? What similarities or dissimilarities are there, when you compare marijuana legalization with ending prohibition in the United States?
find a transformation of the data to be able to use the same data to estimate a model that satisfies the Gauss-Markov assumptions. be clear and explicit about the process.
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
while the foreign demand for the firm's product is P = 10 - 2 QF . Given this information, the total demand Q (where Q = QD + QF ) that this firm faces satisfies
GDP per capital (nominal) would be the actual cash of the average person in the given country has per year. It equals GDP divide by the population. What is the alternative to using PPPs for making international comparisons? This answer will likely ex..
Given the demand curve P= 2,000 – 2Q and marginal costs of MC = 1,100 + 2Q, the firm’s profit will maximize at equilibrium price and output of: Based on the demand and cost function in previous question, in a two-part tariff pricing strategy, what is..
Which statement is consistent with someone saying that they received $100 in consumer surplus?
Explain what do you think McDonald's new launch will have a sustainable impact on its bottom line.
What is the future worth of an equal quarterly payment series of $2500 for 10 years if the annual interest rate is 9% compounded monthly?
Gold has recently hit record high prices. When adjusted for inflation, gold remains below a 1980 peak price of $850 per troy ounce. Suppose this 1980 price equates to $2,400 per ounce in 2014 dollars. Based on the prices of gold in 1980 and 2014, wha..
Assume that all wages and prices are completely and immediately flexible. If the growth rate of the money supply is 8%, the growth rate of the velocity of money is 4% and inflation is 6%, what is the Solow growth rate?
If the on-campus demand for soda is as follows: what price will students end up paying in a perfect competitive market? a monopolized market?
Describe how the following statements relate to the AD–AS model:
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