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Questions from past term exam.
In October of 2018, the consumption of cannabis for recreational purposes became legal in Canada. Some critics are concerned that this may lead to an increase in road accidents due to impaired driving. Suppose that, in October of 2019 (one year after legalization), you are asked to evaluate whether cannabis legalization did or did not lead to an increase in the number of road accidents. What kind of empirical strategy could you adopt in order to answer this question? Which important assumption would be required in order for your analysis to identify the causal effect of cannabis legalization on road accidents? (Hint: While cannabis became legal in Canada, it remains illegal in many other parts of the world.)
Briefly discuss the relationship between PW and the calculation of rate of return.
q.on friday august 5 2011 the rating agency standard and poors downgraded the u.s from aaa to aa. however the other
Suppose the layoff rate is 0.02 per month and the average duration of a spell of unemployment is four and a half months. What is the unemployment rate in this economy?
Mr. and Mrs. Cally are in the process of buying a home for $240,000 and are considering the following home mortgage financing options: What is the expected home's value in 5 years? What is the outstanding loan balance in 5 years for option 1: ? for o..
In contrast to a socialist economic organization, how would a capitalist system differ. Consider who owns capital (means of production) in two models.
Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly patents are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan w..
Details a recommended plan of actions for the financial firm to enter and establish a subsidiary operation in the United Kingdom.
Write a loop that counts the number of digits that appear in the string referenced by mystring.
Because changes in interest rates produce substitution and income effects that ________, we can't be sure what happens to _______ if interest rates change.
A firm has $3.5 millionin sales, a Lerner index of 0.67, and a marginal cost of $50, and competesagainst 800 other firms in its relevant market.
Define economics. Then compare microeconomics and macroeconomics. What are main differences in topics discussed in these two path of economics?
Draw a demand curve for a typical light drinker and for a typical heavy drinker on the same diagram. Explain your diagram.
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