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The average price/gallon of gass in July over the past 4 years was $2.74, $3.65, $3.45, and $3.63. Use linear regression to predict the price of gas the following year?
How would I set up this problem? Do I use years as my x variable?
Explain why the Board of Governors of the Federal Reserve System is considered so powerful. What are its major powers and which is the most important?
What could a president or other government policymaker do to raise a contry's standard of living.
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of chicken was $20 and 25,000 buckets were produced. Determine the GDP price..
Explain the impact of time on the elasticity of market supply and discuss the role of profits and losses in a purely competitive market.
the effects of the following government policies on the market equilibrium. Increases in the Minimum Wage Restrictions on International Trade Pollution Controls Natural Monopolies and Antitrust Regulation. What is the purpose of the policy.
A potential control for managing risk of employee fraud is to send employees on mandatory vacations. Describe the relation of that control with payroll function.
Calculate the multifactor productivity figures for labor and capital together. Elucidate why these figures might be greater in the subsidiary.
What is Country A's GDP - What is the composition of GDP by percentage and what is the GDP per capita
Watch the movie "A Beautiful Mind". Pay attention to the scene where Nash argues for an optimal equilibrium (the bar scene). Would you say that his "equilibrium" constitutes Nash equilibrium Explain.
consider a market where supply and demand are given by qxs -14 px and qxd 91 - 2px. suppose the government imposes a
In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Describe the actions the government would take in conducting expansionary fiscal policy and expansionary monetary policy.
Many economists have attempted to create a set of social accounts that would come closer to measuring the economic well-being of the society than does GDP. What modifications of the current approach would you recommend to them
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