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What are the two basic rules of probability? Relate these rules to the concepts of mutually exclusive events and independent events.
Are monopolies and oligopolies always bad for society? Provide real world examples of where this may be the case to strengthen your position. Provide at least one example of a case where having a monopoly or oligopoly may actually benefit the society..
In the neoclassical growth theory, differences in per capita income are determined by differences in the
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to calculate the percentage increase in real GDP per person from 1987 to 2005.
In order to discuss a health system from welfare economics point of view and to understand whether it is efficient and fair in Turkey, I will examine for OECD Reports. However, I need to use some economic theories & methods for my essay. I research s..
explain how will you guide him regarding the redressal forums, the nature of making complaints and the working of the agency.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
Suppose the economy is on a balanced growth path in the Romer model, and then, in the year 2030, research productivity rises permanently to ¯ z ′ > ¯ z . Why might the parameter ¯ z increase in an economy?
Suppose you have an asset that costs $11 in time period zero and has an IRR of 18%. With a retained earning rate of 5% on your remaining $7, what is the highest loan rate that would support investing in this asset? Calculate.
Which of the following will lead to an increase in aggregate demand? A. A decrease in price level B. An increase in the price level C. An increase in national incomes abroad D. An appreciation in the value of the US dollar
Data show that the age earnings profiles of woman are considerably lower and flatter than those for men. Can you explain these differences?
The expected life is 10 years (with periodic upgrades). Compute the PW of the depreciation deductions assuming:
Harry purchases butterbeer (B) and chocolate frogs (C) and has the following utility function:U(B,C) = min(4B, C). He has $360 to spend on butterbeer and chocolate frogs. Suppose that the price ofbutterbeer is $4 per bottle and the price of chocolate..
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