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1. Why do you calculate percent error using the percent composition of water and not the moles of water in the hydrate formula?
ECON 201- What is Japan's opportunity cost of one car? Suppose Korea decides to increase its production of cars by 18. What is the opportunity cost of this decision? In what product Japan has an absolute advantage?
Using the numbers given in the table below, calculate the Taylor Rule interest rate for 2005. What would the Taylor Rule suggest about actual U.S. monetary policy that year
Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective demand and effective supply to maximize profit?
The aspects of your decision-making process fit the description of a rational choice.Did you consider costs and benefits.
Why does Landes think that China would not have developed an industrial revolution on its own? In Landes' view, what did Europe have that China lacked?
A motor with a 200-horsepower output is needed in the factory for intermittent use. A Graybar motor costs $7000 and has an electrical efficiency of 89%.
The night before an economic exam, you decide to go to the movies instead of staying home and working your MyEconLab study plan. You get 50 percent on your exam compared with the 70 percent that you normally score. a. Did you face a tradeoff
Assess the possibility for the euro to become another global currency rivaling the U.S. dollar. If the euro really becomes a global currency, what impact will it have on the U.S. dollar and the world economy?
For two decades, user input devices typically comprised a keyboard and a mouse. This left computers virtually "blind" to the world. A whole new class of devices has now changed this. Read Wired.com's article How Context-Aware Computing Will Make G..
In the 2010, the U.S. government ran a budget deficit. It issued a large quantity of bonds. How would this program affect the bond market price, yield, and quantity of bonds? How might it affect the liquidity of government bonds?
The equilibrium level of real GDP and the value of the multiplier, respectively, are:
The functional finance approach to budget deficits would set the federal budget to promote an economy operating at potential output. What problems would you expect if the country were to employ this kind of budgetary philosophy
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