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In 200-250 words:
Read the article, The Ethics of Big Data. Based on the content presented in the article, describe the microeconomic principles being used, in other words what is the impact for demand? List the different types of market structures that big data benefits the least and benefits the most. While data collection may benefit the business community, discuss the potential concerns for consumers that arise with the proliferation of big data.
Article: https://www.forbes.com/sites/emc/2014/03/27/the-ethics-of-big-data/#2a42d6ce30c7
Explain why policymakers and economists are concerned about how evenly a nation's wealth is shared or distributed among a nation's citizens. please add refernces for work.
Create an algorithm for a program that asks the user for the price of an item. The program then must display the given price, calculate and display the tax based on a 6% rate, and then calculate and display the grand total (total + tax). You must..
Explain the changes in the maturity values if the yields increase 1 percent. Assume that the insurance company has no other assets. What will be the effect on the market value of the company’s equity if the interest rate changes in (b) and (c) occur?
A copy company wants to expand production. It currently has 20 workers who share eight copiers.Copiers cost about twice as much as workers.
Differences between Classical and Keynesian views of economy. Explain the situations that led to development and dissemination of Keynesian economic theories.
The equation for a demand curve is P=2/Q. What is the elasticity of demand as price falls from 5 to 4? What is the elasticity of demand as the prices falls from 9 to 8? Would you expect the answers to be the same? Why/why not?
Elucidate whether the following statements are true, false, or uncertain. Utilize specific models to support your answer where possible. .
Most systems of medical insurance substantially lower the out-of-pocket costs consumers have to pay for additional units of physician services and hospitalization. Some reduce these costs to zero.
1. name three other providers of urgent care services. emergency departments urgent care clinics and walk-in clinics
German unification involved massive expenditures for infrastructure in the east, as well as transfer payments to many former East Germans. Should such expenditure have been financed by (a) money creation because of their transitory, exceptional na..
Part 1: Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year.
question 1 most of the firms spend considerable amounts of money on advertisement. explain advertising elasticity of
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