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If a sample of size 18 has a linear correlation coefficient of -0.50, is there significant reason to conclude that the linear correlation coefficient of the population is negative? Use α=0.001.
Elucidate the increasing returns to scale as a basis for international trade. Be sure that you define the relevant concepts, describe important features of such trade, and contrast these features with those of trade due to other causes.
Compute the optimal price using the arc formula for elasticity. How does the arc formula for elasticity factor in to these equations.
Seven goblins are deciding how to split 100 galleons. The goblins are named Alguff, Bogrod, Eargit, Griphook, Knadug, Ragnuk, and Uric, and they've been rank-ordered in terms of magical power, with Alguff the weakest and Uric the strongest.
Technological advance, that date has played a relatively small role in U.S. economic growth.
Explain what happens to the position of the nation's short-run Phillips Curve if the following events occur:
Suppose that, as the chair of the Fed, you decide to "put policy on automatic pilot" and needs that monetary policy follow an established rule.
Trade between the United States and another country in any one of the following areas: customer support services, garments, medical services, or technical products. Discuss these points: a. How is this trade arrangement beneficial
Assume your boss purchase out every single pizza store in the US. Your cost-demand conditions are as follows: profit maximizing quantity - 60 pizzas; price - 20$ per piece;
Cost-benefit analysis attempts to: a)compare the real worth, rather than the market values, of various goods and services. b)compare the relative desirability of alternative distributions of income. c)determine whether it is better to cut government ..
Assume you received a four percent increase in your nominal salary.
Illustrate what are the pros and cons of a company that competes in a global environment. How do you think this has affected the U. S. economy and the global economy.
The supply of meat in France rise, results meat prices to fall. Lower prices always mean that French households spend more on meat.
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