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You are interested in evaluating the role of playing chess among children on their school performance. Fill in the blanks:
a) What is your primary outcome (Y)?
b) How would you measure Y?
c) What is your primary explanatory variable (X)?
d) How would you measure X?
e) What is your equation?
f) What other explanatory variables may you want to control for?
Which of the following would increase the total amount of trade in the world? when the value of exports exceed the value of imports then: suppose economic stability in the US increases. this will tend to cause which of the following to occur? all of ..
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..
Assume that economic growth is slower in the United States than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for the United States with respect to exports and the value of the doll..
Elucidate why labour force participation rate for two groups might differ. Why might human capital choices differ between selected groups.
As the manager of a monopoly, you face potential government regulation. Your inverse demand is P = 70 - 1Q, and your costs are C(Q) = 22Q. Determine the socially efficient price and output. Determine the monopoly price and output.
Suppose the graph above is for a single-price monopoly. What is profit for a firm that makes the optimal price and quantity decisions?
You own a consulting firm and are approached by a potential client with the following problem: Consider two firms—one that produces electricity, the other is a laundry/dry cleaning business. Identify and explain the issues involved in this situation..
Illustrate what is the difference among the multiplier in a closed private economy also the multiplier in a mixed open economy.
The Federal Open Market Committee directive is a
q. 1. does the mincer model take unequal access to education into account? discuss the shortfalls of this model in that
If you move to a larger house in 10 years and pay off the loan, what is your effctive annual interest rate? d) If you are transferred in 3 years, what is your effective annual interest rate?
The pricing model for iTunes has been to price songs individually. Instead, Pandora opted to offer unlimited song playing for a monthly fee. Would Pandora’s pricing model likely yield more profit than pricing songs individually?
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