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Here are some questions to review for the Progresa/ Oportunidades Program examined in the end-of chapter case study:
a. What is the Progress/Oportunidades Program, and what does it try to accomplish?
b. How does it try to do so-what are the key program features and innovations?
c. Why make transfers conditional? What are the possible benefits as well as drawbacks?
d. Specifically, how does Progress a work to improve nutrition (with its "four pathways")?
e. Specifically, how does Progress a work to improve education?
f. What were the features of the original evaluation?
Verify that Theorems 7.13 and 7.14 from Chapter 7 can be applied to the Ben-Porath and lead to (10.14) as necessary and sufficient conditions for an optimal path of human capital investments. [Hint: use a similar argument to that in Section 7.7 in..
There are 75 firms in the perfectly competitive market for pencil erasers where the price is $50 per unit. Each firm faced costs of C(q) = 0.5q^3 - 5q^2 +65q How much does each firm produce and how much profit does each earn
Explain each of primary methods used for setting value, describing its applications, strengths and weaknesses, show the formula and compute an example for each method.
Suppose a firm's short-run total product schedule is given in the table below. It sells its output in a competitive market for $1.50 per unit. Labor Total Product Marginal Product Marginal Revenue Product 0 0 1 8 2 18 3 29 4 39 5 47 6 52 7 53 8 53
Below are some data from the land of milk and honey. Year Price of Milk Quantity of Milk Price of Honey Quantity of Honey 2010 $1 100 quarts $2 50 quarts 2011 $1 200 $2 100 2012 $2 200 $4 100 Compute nominal GDP, real GDP, and the GDP deflator f..
Which of the two types is most likely to be associated with a negative GDP gap? Which with a positive GDP gap, in which actual GDP exceeds potential GDP?
suppose that the equation for the aggregate demand is y 7000 2400p. in this real business cycle model the equation for
most customers tip according to a percentage rule between 15 and 25 percent of the bill.diners who have dinner and a $20 bottle of wine usually pay the same percentage of the bottle price as diners who order a $100 bottle.
Run OLS to estimate the inverse demand function(P = f(Q)), determine how much confidence do you have in this estimated equation? Apply algebra to then find the direct demand function
What are the elasticities of output with respect to labor and capital for each industry? What are the marginal effects of capital and labor on output? Interpret the regression results. Do the coefficients have the expected signs?
Next, describe the most common forms of digital crime, and give your opinion as to why those forms you described are so common. Provide a rationale for your response.
There are too many fixed gear bikes in Hipsterland and city leaders are looking for ways to reduce the quantity. They are considering policies which would reduce the number of fixed gear bikes. The demand and supply curves for fixed gear bikes in H..
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