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The video discusses how changes in the population pyramid's structure reflect changes in a country's development, war, or other drastic events. Now, think about each line in the population pyramid as a population estimate of the number of people that will be in each age group in the future. Pick one of the countries whose population pyramid was displayed in the video and discuss what you think would happen if the estimates were off?
https://www.youtube.com/watch?v=RLmKfXwWQtE&feature=emb_logo
Explain a situation in which the outcomes of classroom experiments deviated from standard economics theory. What insights were learned from these outcomes and how are they incorporated into the standard theory they attempt to model?
The US and many other countries are experiencing high government deficits and debts. What, if any, impact does this have on their does this have on their respective economies? Is government debt bad? Good? It depends? And if so, why and how?
1) Calculate the compound annual percent change in REAL GDP (chained dollars) from 2015 to 2017, using ANNUAL DATA.
Consider a monopolist in a market with linear inverse demand p(q) = 4 - q/2. The monopolist's cost function is c(q) = 2q. Write down the monopolist's profit function. Compute the profit-maximizing quantity and the corresponding price.
Consider an open economy in which prices, interest rates and the exchange rates all vary. Explain briefly the effect expansionary fiscal policy would have on… The exchange rate. Does the dollar appreciate or depreciate? The trade balance. Improve or ..
A researcher applies a random forest model to a very large set of genetic data to estimate the risk of getting throat cancer.
We see that monopolist internalize the effect of its production on prices, which leads to a contraction of output. Explain why giving the monopolist flexibility to employ nonlinear pricing schemes can undo this problem?
A good stock-based mutual fund should earn at least10% per year over a long period of time. Consider the case of Barney and Lynn, who were overheard gloating about how well they had done with their mutual fund investment. We turned a $10000 investmen..
Let the market for cigarettes be characterized by the following information: Calculate the tax revenue in the post-tax equilibrium. Calculate the change in consumer surplus due to the sales tax. Calculate the change in producer surplus due to the sal..
While some of these regulations may stem from a genuine desire for higher-quality medical and legal services
In 2006 rental car companies often charged more to rent a compact car than an SUV or a luxury vehicle. Why do you think rental companies turned.
Construct a 99% confidence interval for the population mean. (round to 2 decimal places.)
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