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The average price/gallon of gass in July over the past 4 years was $2.74, $3.65, $3.45, and $3.63. Use linear regression to predict the price of gas the following year?
How would I set up this problem? Do I use years as my x variable?
To finance this subsidy every pair of stilts purchased by someone who is tall is taxed at a rate of T percent.
Illustrate what are the basic provisions of a collective bargaining agreement. Explain the differences between meditation and arbitration.
In 1981, the United State negotiated an contract with the Japanese. The contract called for Japanese auto companies to limit exports to the United State.
The advent of the one man bus involved more capital equipment: an automatically operated coin box and door control device - to name two of the capital goods that replaced the conductor."
Think IS LM BP model of an open economy with sticky price levels in local currency, perfect asset substitutability, perfect capital mobility and static expectations.
In a simple model with no government or foreign sector, the amount of involuntary inventory accumulation at equilibrium is
Suppose the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply.
Utilizing both offer curves and a two by two payoff matrix, determine the optimal foreign economic policy of a hegemon.
Explain how does the availability of substitutes affect purchasing decisions.
Explain how do you solve for a, b, c, e in the equations: Qd = a-bW and Qs = c+eW when you know the equilibrium wage (or price) is $4, there are 100,000 people employed, Elasticity of demand is equal to -0.4 and Elasticity of supply is equal to 0...
Identify and list all factors that impact the level of consumption. Select one factor of consumption and explain what would be the impact on the whole economy if that factor of consumption had declined.
Assume that the Federal Reserve acts to lower interest rates. How this will affect the U.S. economy.
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