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Show the OLS estimator of β1 is unbiased using Assumptions SLR.1-4.
Tony's pizza's production function is shown in the table above. Tony hires workers at a wage rate of $50 a day and his total fixed cost is $100 for plant 1 and $150 for plant 2
Suppose an economy described by the Solow model has the following production function: Y=k^1\2(LE)^1\2 a)For this economy, what is f(k)?
Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- and/or long-term productivity in the U..
How is market clearing quantity determined in terms of consumer surplus and producer surplus? How is market clearing price determined in terms of rationing function?
Optimal tariffs are an effective means of improving a nation's trade balance. If quotas are administered by exporting nations, the net welfare loss to the importing nation includes the productive, consumption and revenue effect. Tariffs, unlike quota..
What is the equilibrium wage?
You are CEO of a large publicly traded company. You are negotiating several contracts with foreign governments in Vietnam, India, and Brazil to provide hardware and software to government agencies. Are you interested in including an arbitration cl..
1. consumer surplus is nota. the value of a good minus the price paid for it summed over the quantity bought.b. greater
Familiar and identify the types of tangible capital in use. What causes changes in physical capital stock? What types of intangible capital do you think are in use?
Inductive and deductive claims such as all, none, or some impact the assertions of argument. As a reader, which are you more receptive to, information that claims to represent all of the cases under discussion or information that claims to rep..
1. why do you suppose that the market clearing interest rates on bank savings and time deposits have been rising
Scooter wishes to sell a bond that has a face value of $996. The bond bears an interest rate of 9.52% with bond interest payable quarterly. Three years ago, $1,110 was paid for the bond. At least a 11.29% return (yield) on the investment is desired.
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