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Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality include (select as many as apply): a. Differences in abilities and talents. b. Differences in education and training. c. Different preferences for work versus leisure. d. Different preferences for low-paying but safe jobs relative to high-paying but dangerous jobs.
Assume that output is 1.6% below potential and that the inflation rate is 3.5%. Assume that the Fed has specified the inflation coefficient is á = 0.5 and that the natural real rate of interest is 2%. At what level should the Fed set the federal fund..
Alternative X has a first cost of $5 million and an annual maintenance cost of $200,000. Alternative Y has a first cost of $7 million, a maintenance cost of $40,000 and periodic expenditures of $100,000 every five years. If both alternatives have inf..
About half of the paid lobbyists in Washington are former government staff members or former members of Congress. Why would interest groups employ such people? Why might some reformers want to limit the ability of interest groups to employ them?
What is your monthly interest rate and what is your annual effective interest rate? What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded? You borrowed $150..
How did Samsung’s unveiling of the galaxy S5 affect the demand for the S4? What determinant(s) of demand changed? How did Wal-Mart’s price cut compensate?
What is the profit-maximizing price and output level? Solve this algebraically for equilibrium P and Q and also plot the MC, D and MR curves and illustrate the equilibrium point.
Christopher Ahlberg, CEO of Recorded Future (RF) has a decision to make about the direction of his company. Recorded Future’s “temporal analytics engine” is a set of quantitative and visualization tools that could help predict future events from past..
In the following cases, explain what happens to demand or quantity demanded and how the change would be shown on a graph of the demand schedule. Assuming that tickets to an NFL game are normal goods, what is the effect of an increase in the incomes ..
Which of the following statements about children’s health in emerging Asia is true?
Compute by how much monetary policymakers must change the nominal money supply for the expectations of firms and workers to be realized.
What conclusion can be made regarding the 95% prediction interval (820, 986) for the daily sales at a retail store that served 100 customers?
When looking at inflation, you will find that this is measuring how much prices change. How does this influence the unemployment rate?
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