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Consider two antipoverty programs, AFDC and EITC, and there affects on labor supply.
a) Assume AFDC gives a weekly payment of nonlabor income while effectively reducing a participants wage by half. How would income effects change a workers consumption/leisure decision? How would substitution effects change a workers consumption/leisure decision? What would happen to a participants reservation wage?
b) Assume EITC simply increases a poor workers wage. How would income effects change a workers consumption/leisure decision? How would substitution effects change a workers consumption/leisure decision? What would happen to a participants likelihood of participating in the labor force?
The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed,
suppose the value of youngs modulus gpa was determined for cast plates consisting of certain intermetallic substrates
Find a positive integer smaller than 500 that has a remainder of 3 when divided by 5, a remainder of 6 when divided by 9, and a remainder of 8 when divided by 11.
suppose that 30 of a group of people have hazel eyes. assume that passengers boarding the plane form a randomly chosen
if 3 different factor levels show a lot of variation between levels this impliesa a large amount of error within each
Don Levine Corporation is considering adding an additional plant to its three existing facilities in Decatur, Minneapolis, and Carbondale. Both St. Louis and East St.Louis are being considered.
In an automatic geolocation system, a dispatcher sends a message to six trucks in a fleet asking their locations. The waiting times for responses from the six trucks are iid exponential random variables, each with expected value 2 seconds.
For the statement: The mean amount of Pepsi in cans is at least 12 oz. Express the null hypothesis and the alternative hypothesis in symbolic form.
How many subjects would you approximately need to reduce the length of the 95% confidence interval to 2 units?
a researcher has developed a new drug designed to reduce blood pressure. in an experiment 21 subjects were assigned
Test the null hypothesis that these Arizona students scored the same as the North Dakota students. (238 North Dakota students had a mean of 525)What t-statistic do you obtain?
The arithmetic mean is 14.0 inches, and the standard deviation is 0.1 inches. About 68% of the outside diameters lie between what two amounts?
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