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How is central bank independence related to average inflation rates across countries? How is the Fed insulated from executive branch pressures?
The manager receives utility from her wages, and her utility function is w^1/2 , but incurs a cost depending on how hard she works (in other words, the manger's utility is w^1/2-cost). Write the manager's expected utility if she shirks.
Why should any analysis of development problems place heavy emphasis on the study of agricultural systems, especially peasant agriculture, and the rural sector?
If the firm only needs the machine for 5 years. Assuming a salvage value will be $8,000 for Machine A, $15,000 for Machine B at the end of 5th year, which alternative should be selected when using present equivalent cost comparison
The Town-Pump service station has performed an analysis of its customers and found that 85% pay on credit and the rest pay cash. We are interested in finding the probability distribution of the random variable, X.
Do you think this plan will work to raise the response rate on teaching evaluations? What would traditional economic theory predict? What would behavioral economics predict?
A cannery is considering installing an automatic case-sealing machine to replace current hand methods. If they purchase the machine for 3800 in June, at the beginning of the canning season, they will save 400 per month for the 4 months each year.
Given your answer to part (a), why is there unemployment in the economy? (What would happen to real wages if the unemployment rate were equal to zero?)
The rate of turnover of inventory is unusually low in comparison with previous years
what was the quantity of money in 2011?
Although self-employed workers have the option to purchase private health insurance, many do not, due to adverse selection. Suppose half the population is healthy and half is unhealthy. The cost of getting sick is $1000 for the healthy and $10,000..
the demand for kitty litter in pounds is nbspnbspqd100-pd-pc2m where pd is the price of kitty litter pc is the price of
We know that arbitrage will equalize rates of return. Does it also guarantee to equalize prices? In what situations will it also equalize prices?
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