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Derive the condition for the optimal rotation when a forest also provides species habitat services.
The Governor of Arkansas has asked you (her crack economic advisor) to analyze how employment in trucking and poultry processing will be affected if the legislature passes a proposed law that will increase labor cost in both industries by ten percent..
The retention ratio is 0.11. What is the internal growth rate? Input your answer as a decimal rounded to 4 places (i.e., 1% = 0.0100).
Describe the growth of the economic role of the federal government since the 1930s. Give two examples of public goods or services that you use. If you could order a cut of $100 billion in federal spending, which programs would you cut and why would y..
q.denise is thinking about setting up a butterfly garden in her backyard. she estimates that it will cost her 2000 to
What is the difference between moral hazard and adverse selection? ?Car Depreciation problem: A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot. This information comes from resale price data fr..
Who is art for according to Marcel Duchamp? Who is art for according to Malevich?
Which of the following can cause the usual OLS t statistics to be invalid (that is, not to have t distributions under H0)? Heteroskedasticity. A sample correlation coefficient of .95 between two independent variables that are in the model. Omitting a..
Let US$4=MX$15. If inflation in the US goes up by 4%, and inflation in Mexico goes up by 6%, what do we expect the exchange rate to be in the next period? Assume purchasing power parity holds. Show all work.
Consider a poor country where an aid donor introduced a policy that reduced the Headcount Ratio in that country.
Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demand or each the following values of the MPC. Then calculate the change if the gove..
What is the difference between m1,m2, and m3 money supply and how do they affect one another?
A consumer has income of $500. chips costs $2 , and burger costs $6. Draw his budget constraint (put burger on the horizontal axis). What is the slope of her budget constraint? Draw Consumer’s indifference curves for chips and burger if you love chip..
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