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Most doctors would probably agree that a Mediterranean diet, rich in vegetables, fruits, and grains, is healthier than a high-saturated fat diet. Indeed, previous research has found that the diet can lower risk of heart disease. However, there is still considerable uncertainty about whether the Mediterranean diet is superior to a low-fat diet recommended by the American Heart Association. This study is the first to compare these two diets. The subjects, 605 survivors of a heart attack, were randomly assigned follow either (1) a diet close to the "prudent diet step 1" of the American Heart Association (control group) or (2) a Mediterranean-type diet consisting of more bread and cereals, more fresh fruit and vegetables, more grains, more fish, fewer delicatessen foods, less meat. An experimental canola-oil-based margarine was used instead of butter or cream. The oils recommended for salad and food preparation were canola and olive oils exclusively. Moderate red wine consumption was allowed. Over a four-year period, patients in the experimental condition were initially seen by the dietician, two months later, and then once a year. Compliance with the dietary intervention was checked by a dietary survey and analyses of plasma fatty acids. Patients in the control group were expected to follow the dietary advice given by their physician. The researchers collected information on number of deaths from cardiovascular causes e.g., heart attack, strokes, as well as number of nonfatal heart-related episodes. The occurrence of malignant and nonmalignant tumors was also carefully monitored. a. What percentage of people on the Mediterranean diet had some sort of illness or death?
Rosco has a utility function over money = log(I) where log is base 10 and I is money. His initial income (I) is $1000. Suppose he must accept one of three bets: Graph each of these of a utility-of-income graph with income on the horizontal and utilit..
Let US$4=MX$15. If inflation in the US goes up by 4%, and inflation in Mexico goes up by 6%, what do we expect the exchange rate to be in the next period? Assume purchasing power parity holds. Show all work.
Use your own words to write about apple (fruit) consumption in the United States. Please do not use Google unless you paraphrase and list resources. Describe as much as you can.
Can anyone recommend a resource for very long term trade data? (1500-2014). I have looked and found bits and pieces here and there but haven't come across any single data-set covering all of it. I am thinking of mashing my own together but I really d..
In his discussion of post-WWII growth in France, Blanchard describes the effects of destruction of part of a nation's capital stock. Suppose that instead of a decline in the capital stock a country experiences a decline in N resulting from a plague t..
The city mayor of Edmond, Charles Lamb, recently has been questioned about his housing policy from other members in City Council. The average rent for a single family house in Edmond is rapidly increasing in the past three years. One proposed solutio..
A December 2007 issue of The Economist contained the following quote in an article about Germany: "The government has just chopped the payroll tax that finances unemployment insurance, which should encourage employment." Comment on this statement,..
The manager of a supermarket lowers the price of its 24-pack bottled water from $4.60 to $3.40 and as a result, sales of bottled water increases from 400-600 packs. What is the arc price elasticity of demand for bottled water? What are some of the ap..
Identify and discuss other factors, including structural and social, that have contributed to increased income inequality and indicate the approximate percentage of income inequality for the top two or three causal factors as related by Lindsey.
profits associated with polluting for friedman inc. are pi 40q - 2q2 where q pollution emitted in tons and profits
Suppose customers are distributed on a one---directional path (e.g., to the east) as follows. A company has to deliver a unit of its good to each customer and incurs a cost of $1 per unit and mile. Each unit needs to delivered separately. Where is t..
Draw your budget constraint assuming that you pay no taxes (and receive no subsidies) on your income. On the same diagram, draw another budget constraint assuming that you receive a 20 percent subsidy (that is, for every dollar you receive in labor m..
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