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Create a Matlab program that will calculate and display the Rankine, Celsius, and Kelvin equivalent temperature for a user entered Fahrenheit temperature.
Due to the recession that lowered income, the market price of good X got lower. For good X, we assume that Qd(P) = 1000 − P +Y/20 , and Qs(P) = 2P −Y/20 , where Y is the income, and P is the price of good X. (a) Derive the equilibrium price P ∗in ter..
Calculate the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money.
Setting up nurse practitioner clinics to serve 20,000 newborns in Georgia would cost $6 million. This program would increase life expectancy at birth from 75.1 years to 75.3 years. How many life years would be gained? What is the cost per life year? ..
The backward-bending labor supply curve includes each of these variables except
Assume there is a decrease in government purchases and exports. Currently there is a recessionary gap, which implies that
Suppose the government were to provide a $2 per hour subsidy for families who purchases child care, regardless of work or wage status. This will.. Increase female labor force participation as take home pay for women will increase.
Suppose that Omar’s marginal utility for cups of coffee is constant at 2.5 utils per cup no matter how many cups he drinks. How big would that budget have to be before he would spend a dollar buying a first cup of coffee?
Suppose the government were to subsidize the wages of all women in the population by paying their employers 50 cents for every hour they worked. What would be the effect on the wage rate women receive? What would be the effect on the net wage employe..
Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.
Draw a Keynesian cross graph and assume that macro economy starts and ends at equilibrium. Label the initial aggregate demand line AD0, Then show what happens in the diagram when a rise in consumer wealth raises C in your diagram. What is the initial..
The difference between a basic “cost-benefit analysis” and a “cost-effectiveness analysis”. In addition, tell me a potential scenario where a cost effectiveness analysis should be used instead of a cost benefit analysis.
Which of the following is true regarding the duty of an attorney? An attorney: should reveal a client's confession of a crime as well as a client’s intention to commit a crime such as murder in order to prevent its occurrence. cannot represent a guil..
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