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Much has been made of the concept of experimenter bias, which refers to the fact that for even the most conscientious experimenters there seems to be a tendency for the data to come out in the desired direction. Suppose we use students as experimenters. All the experimenters are told that participants will be given caffeine before the experiment, but half the experimenters are told that we expect caffeine to lead to good performance, and half are told that we expect it to lead to poor performance. The dependent variable is the number of simple arithmetic problems the participant can solve in two minutes. The obtained data are as follows:
Expect Good Performance 19 15 22 13 18 15 20 25 22Expect Poor Performance 14 18 17 12 21 21 24 14
What would you conclude from these results?
How much labour should be allocated to plant Alpha and to plant Beta? And, at the best allocation, what is the output produced?
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To conduct an effective database search a. choose one search engine and stick with it. b. enter variations of your search terms to increase the likelihood of obtaining desirable "hits." c. use long search phrases rather than short ones or single term..
Discuss the influence of three to four of the trade-offs from the following list and give an example of each in relationship to the chosen company.
Consider a market in long-run equilibrium, where the firm’s mix of inputs is the cost-minimizing mix of inputs.
Economists often study and evaluate economic policies by country or region. As an economist, evaluate different regional trading arrangements. Select one regional trading arrangement and describe three economic effects of the arrangement. Plea..
a. sketch the aggregate demand short-run aggregate supply and long-run aggregate supply of an economy in long-run
First, what does GDP measure? Even if we prefect the measure by correcting for price increaase, what does GDP really tell us? Is GDP a measure of the nation's economic health?
a) What is the real value of output (Q)? Now assume that the Fed increases the money supply by 10% and velocity remains unchanged. b) If the price level remains constant, how much will real output increase?
What is the group preference and what is the group choice according to the Borda count rule? Please justify your answers.
how do automatic stabilizers differ from discretionary fiscal policy tools? distinguish between crowding out and
Quinoats are a primary staple food in the tiny village of Frizzample, which is located in a far away country that you've probably never had a chance to visit. The technology by which Frizzamplese farmers produce quinoats is represented by this ..
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