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Rubber sidewalks made from ground-up tires are said to be environmentally friendly and easier on peoples' knees. Rubber sidewalks, Inc. of Gardena, CA, manufactures the small rubberized squares that are being installed where tree squareroot s, freezing weather, and snow removal have required sidewalk replacement or major repairs every three years. The District of Columbia spent $60, 000 for a rubber sidewalk to replace broken concrete in a residential neighborhood lined with towering willow oaks. If a concrete sidewalk costs $30, 000 and lasts only 3 years versus a 9-year life for the rubber sidewalks, what rate of return does this represent?
What is the answer for "You are mayor of your hometown, and one day you arrive at city hall to find angry voters demonstrating against you.
As an analyst at the Treasury Department, you have been asked to predict the behavior of key macroeconomic variables for different scenarios on the state of policy between the US and Europe.
Assume that the distribution of starting salaries for newly qualified CA. Find out the probability that the std error.
What is an externality? In a market without environment regulations, will the supply curve for a firm take into account private costs, social costs, both, or neither? Explain. What are three problems that economists have noted with regard to command-..
Churdle Corporation makes a single product. In a recent period 4,080 units were made and there was an unfavourable labor efficiency variance of $26,800. Direct labor workers were paid $8 per hour and total wages were $190,000. The labor rate variance..
A large bank has assets that include $100 million in vault cash and $1 billion on deposit at the Federal Reserve Bank. Its liabilities include $1 billion ($109) in checkable deposits. What are the excess reserves, if any?
Suppose Mayor Strange comes to you and asks you whether or not Montgomery, AL should bid for 2024 Olympics. He says that a group of economic consultants has said it will be a major boon for Montgomery’s economy. What kind of things did they likely cl..
Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the..
Other things remaining unchanged, advertisement would likely make demand for a good more price elastic. The cross price elasticity demand for a good with respect to the price of a complementary good is negative. With capital measured along the vertic..
Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum legal price for widgets to $4:
If the Federal Reserve is following a restrictive monetary policy by lowering the money supply in the economy, what will be its effect on the equilibrium outcome in the economy? Explain using AS-AD analysis.
You're a sprinter, and in practice today you fell and hurt your leg. An x-ray suggests that it's broken with probability 0.2. Your problem is whether you should participate in next week's tournament. What is the value of perfect information about the..
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