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In a market for car insurance, which of the following are examples of statistical discrimination?
More than one option.
Premiums are adjusted based on the zip code of the insured.
Premiums are adjusted based on the colour of the car.
Premiums are adjusted based on the driving record of the insured.
Premiums are adjusted based on the model of the car.
q1. in 2011 company xyz had sales of 345620million net operating profit after taxes of 10250 million and employed 62650
Assume that economic growth is slower in the United States than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for the United States with respect to exports and the value of the doll..
Let’s explore retirement planning analysis by calculating the data and sketching a graph that shows the relationship between interest rate and length of the annuity, i.e. the period that monthly withdrawals are made from the retirement account.
q. 1. suggest how an economist would approach the problem of alcohol abuse. provide two possible solutions to this
A shortage of a good occurs when: Who ultimately pays the tax depends on who writes the check to the government. If a buyers pay $10 per unit and sellers receive $8.50 per unit the tax is 1.50 per unit
Provide an example of a specific industry that you believe fits the model also elucidate your rationale.
Opportunities being taken or missed out can be the be-all and the end-all for a company. How does market research help in opportunity recognition? Feel free to use examples in support of your answer.
Calculate the duration and modified duration for a bond that has a coupon rate of 7% (paid annually), 3 years to maturity, a YTM of 7% and a par value of $1000. Calculate the effect on the price of the bond (in dollars) of a 3% decrease in yield usin..
During an election campaign, the incumbent argues that he should be reelected because GDP grew by 12% during his term in office. You know that population grew by 4% over the period, and that the GDP deflator increased from 100 to 108 during the past ..
Homer' s boat manufacturing has a monopoly on boat sales in the region. Homer' s marginal cost of the 8th boat produced is $1200.
The demand curve for product X is given by QDx = 220 ? PX + 3PY + 0.001I where PY is the price of a related good Y, and I is income. The supply curve for good X is given by QSX =10+3PX. What is the marginal effect of an increase in PY on the equilib..
Suppose the government intends the tax to reduce the consumption of some goods for example, cigarette or chewing gum. Illustrate what will determine the effectiveness of the tax in reducing consumption
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