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A researcher investigating public health issues goes into a junior high school class and asks the students if they have ever smoked a cigarette. The students are asked to respond orally in the presence of other students. What types of error might enter into this process, and what might be a better approach? (Minimum: 400 Words)
FastWash is a new service that allows businesses, such as restaurants and hotels, to send out linens to be washed, dryed, and folded. They are new to the market and the first business of their kind to enter. After some initial research, FastWash has ..
Explain why dose the profits of firms that buy their inputs in perfectly competitive market and sell their output in imperfectly competitive markets tends to increase when there is excess supply
Consider an economy in which the amount of investment is equal to the amount of savings (i.e., the economy is closed to international flows of capital).
In your opinion, are you better off saving money or spending money? Why? Please explain? Then take the question from a more macroeconomic perspective...does your spending or saving make the economy as a whole better off (and thus indirectly you)? How..
This exercise discusses properties of the Cobb-Douglas production function and its use in the Solow model.
q1. illustrate which country has the most fundamentally sound monetary policy?q2. insurance agents receive a commission
Explain how a clear and simple Policy Targets Agreement (PTA) might have helped to maintain a low inflation regime with low unemployment in the 1990s while in 2012 a similar regime no longer seems to be achievable under a very different PTA.
The aggregate demand and aggregate supply model is a useful simplification of the macro economy used to explain short-run fluctuations in economic activity around its long-run trend. The vertical axis of a diagram of the aggregate demand and aggregat..
The Kuznets ratios satisfy the Dalton transfer principle. If the Lorenz curves of two situations do not cross, the Gini coefficient and the coefficient of variation cannot disagree. If a relatively poor person loses income to a relatively rich person..
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
The country of Trenton does not trade with any other country. Its GDP is $925. Its government purchases $126 worth of goods and services each year, collects $171 in taxes, and provides $49 in transfer payments to households. Private saving in Trenton..
Measles has become an epidemic here in Orange County. About 1 in 1000 people will die after contracting the disease. Because this is such a high rate, health officials in Orange County would be well advised to pay for anyone to get a vaccination.
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