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Could a country experience a fall in population and a rise in real GDP at the same time? Could an increase in labor force participation allow that?
Explore the differences between the naive Bayes model (6.27) and a generalized additive logistic regression model, in terms of (a) model assumptions and (b) estimation. If all the variables Xk are discrete, what can you say about the corresponding..
What can you conclude about the elasticities of supply and demand for oranges?
The average 15- year- old purchases 12 CDs and 15 cheese pizzas in a typical year. If cheese pizzas are inferior goods, would the average 15- year- old be indifferent between receiving a $ 30 gift certificate at a local music store and $ 30 in cas..
Refer to part b. Find the correlation between u and u2, u and u3, and u2 and u3. What do you observe? Is the level of correlation reduced for all three pairs?
An accountant for a car rental company was recently asked to report the firm's costs of producing various levels of output. The accountant knows that the most recent estimate available of the firm's cost function is, C(Q)=100+10Q+Q^2
Suppose that the market for cigarettes in a particular town has the following supply and demand curves: Qs = P; Qd = 50 P with quantities measured in thousands of units. Suppose the town council needs to raise 300 000$ in revenue
The market demand curve for the industry is D(P) = 240 P/2, where P is the market price. At the equilibrium market price, each firm produces 20 units. What is the equilibrium market price, and how many firms are in this industry?
Calculate the ex-ante and ex-post real rate of interest between June 2008 and June 2009 (note that June 2009 is the last month of the Great recession - the official recovery, began in July of 2009).
The United States is currently recovering from its bad recession in over twenty-five years. Applying the resource provided in this and earlier modules of course describe what factors or activities you think helped cause this economic condition.
On average, noncustomers earn a wage of $20 per hour and pay ATM fees of $2.75per transaction. It is estimatedtht nanks would be willin to maintain services for 4 million transactions at $.075 per transaction, while noncustomers would attempt to c..
Sean Bell invested $10,000 on a blue chip stock five years ago and paid a commission of $90. He sold it today for $14,192.20 and paid the same commission, exactly 5 years and 4 months since the stock was bought. Determine the rate of return on thi..
Suppose that each firm that tries to produce autos must go through the shakedown period of high costs on its own. Under what circumstances would the existence of the initial high costs justify infant industry protection?
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