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How many 6-word sentences can be made using each of the 26 letters of the alphabet exactly once? A word is defined as a nonempty (possibly jibberish) sequence of letters.
Discuss the possible merits and flaws of this attitude.
In the linear breakeven model, the relevant range of output is that range where the linearity assumptions of the model are assumed to hold.
1. calculate the arc elasticity of demand 2. construct the demand equation. use midpoint price and quantity (p=210, q=7200), and the elasticity you have just calculated. Assume the demand equation takes the form Q= a+bP. Also recall that E=b(P/Q)
The following calculations help you see how the ratio of debt to GDP changes from one year to the next. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal to 100 trillion ..
If she expects to live for seven more years after retiring, and wants her consumption to remain the same (in real terms) every year from now on, how much can she consume this year?
Similarly, Fed reserve requirements are imposed on any loan from a U.S. bank's foreign branch to a U.S. resident, or on any asset purchase by the branch bank from its U.S. parent. What do you think is the rationale for these regulations?
What are the similarities between the life-cycle and the permanent-income hypotheses? Do they differ in their approaches to explaining why the long-run MPC is greater than the shortrun MPC ?
To get a gallonof sunscreen the people of Sunland are willingto give up 5 lbs of food if they have 25 galons of sunscreen, 2 lbsof food if they have 75 gallons of sunscreen, and 1 lb of food ifthey have 125 gallons of suncreen.
Suppose the town keeps track of the contributions and issues passwords to people who contributed at least $20. Would you expect the total contributions to cover the $20,000 cost? 30.
Which occupations that are forecast to grow can be linked to technological change? Which can be linked to demographic change-in particular, the aging of the U.S. population?
Group projects are often assigned in classes, with everyone in the group receiving the same grade for the project. Explain why a free-rider problem might arise in this situation.
Industry A is composed of five large firms and 100 small firms. The market shares of the five largest firms are, respectively, 30, 25, 20, 15, and 10. The 100 small firms together have the remaining market share. Calculate the Herfindahl-Hirshman ..
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