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Fagerström (1982) studied the effect of using nicotine gum as an adjunct to a standard program for giving up smoking. One group received the standard psychological treatment program normally employed by Fagerström's clinic. A second group received the same program but was also supplied with gum containing nicotine, which they were instructed to chew when they felt the need to smoke. Each group contained 50 participants, and participants were classified as abstinent or not at one month and at six months. How should he analyze his data? What problem arises from the fact that there was not a group given plain-old- candy-store gum? (Note: The experimental [gum] group had abstinence rates of 90% and 64% at one and six months, respectively, and the control group had rates of 60% and 45%.)
If the growth rate of real GDP were to continue at the same rate you have calculated, how many years would it take for real GDP to double Assume the population in 2009 was 100 and 200 in 2010. Calculate real GDP per capita in each of these years.
post an essay on either the Provide Reparations or the Deny Reparations forums, presenting arguments and facts that support your conclusion.
Determine strategies that a company might use to develop product differentiation and market segmentation. What alternative non-pricing strategies are available? What alternative non-pricing strategies can be used to increase barriers to entry?
P=.60 n=19 A. Find the probability that at least 15 of the 19 do not know what effect the law will have on their corporate tax liabilities. B. Find the probability that no more than 10 do not know what effect the law will have.
What is the equivalent present value of the following series of payments: $7000 the first year, $6500 the second year, $6000 the third year, $5500 the fourth year, and $5000 the fifth year The interest rate is 10%, compounded annually.
A recently developed citrus orchard will come into full bearing after 6 years. Starting at the end of the 7th year of operation and continuing through a productive life which lasts till the end of the 26th year, the orchard is expected to produce ..
Mr. Smith Wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate (coupon rate) of 7.5%, with bond interest payable semiannually. Four years ago, the bond was purchased at $900.
suppose the supply of a good is given by the equation qs240p-240 and the demand for the good is given by the equation
Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions. Category Value, Compensation of employees $216.2, U.S. exports of goods and services 19.8, Consumption of fixed capital 11.8,Gover..
Why is advertising prevalent in many oligopolies, especially when industry demand is inelastic Illustrate your answer by assuming that with advertising, a firm's demand curve has price elasticity of -1.5 and without advertising, it is -2.
Maureen Laird is the chief financial officer for the Alva Electric Co., a major public utility in the midwest. The company has scheduled the construction of new hydroelectric plants 5, 10, and 20 years from now to meet the needs of the growing pop..
Suppose that the velocity of money is not constant but is growing at 1% per year. Real GDP is growing by 5% per year. If the central bank wants to reduce the rate of inflation to 3%, what must be the new rate of money growth? If the real rate if r..
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