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Impantable cardioverter defibrillators reducing the risk of cardiac arrest and saving lives is an example of a. cost-benefit analysis b. cost-utility analysis c. innovative use of technology d. research and development
Research shows that much more money is spent on medical care for the elderly today than 50 years ago. What is the likely reason? Do today’s elderly tend to be sicker and more likely to be disabled than in prior years?
Using the normal distribution, find the probability that a population with a mean of 35 and a standard deviation of 8 will produce a sample mean of less 34 in a sample of size 64.
During the 1990s, securities related to technology and other dot-com firms experienced skyrocketing market prices. But, the market crashed around the year 2000. We can argue that this example: A: does not support the efficient markets hypothesis beca..
A firm production function is given by q = f(k,l) = k·l. q0 = 100. w = $20, v = $5. At the point at which this firm minimizes the cost of producing q0, it uses how many unit(s) of labor and how many unit(s) of capital? NOTE: write your answer in numb..
An essay on "to what extent do you think normative economic normative analysis as opposed to positive economic analysis, determines our nations public policy decision made by government? why? is that "good" or bad"? why? 150 words excluding "a","an" ..
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the fir..
while a decrease in price of pizzas rotates it rightward. How can we possibly speak systematically about people's preferences.
q.sara is a dot.com entrepreneur who has established a web site at which people can design and buy a sweatshirt. sara
The spending multiplier’ was introduced Describe what it is and how it works. Explain why is it important for the Federal Reserve to consider this concept in order to ‘balance’ the economy?
Suppose that both firms decide to collude (form one firm) and maximize profits as one entity. What is going to be the overall production level they choose and the profit they make, respectively
1. What is the "middle-class squeeze"? 2. How do low unemployment rates mask the economic challenges people face in maintaining middle-class status?
Suppose you had to explain to a person on the street (who is not an economist) why a current account deficit must be accompanied by a capital and financial account surplus. What would you say?
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