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Suppose the relation R(A,B,C,D,E) is decomposed into R1(A,B,C), R2(A,D), and R3(A,C,E). Use the chase test to determine whether this decomposition is lossless, given each sets of FDs:
a, AC->B, C->D and A->E
b, A->B, AE->C and B->D
Discuss origin , evolution and modern day criminal law from the Code of Hammurabi to current separation of misdemeanors and felonies.
When an automaker begins offering low cost financing or rebates, others tend to do the same. What two oligopoly models might offer an explanation of this behavior? Fast-food restaurants tend to cluster together. That is, on one corner, there might be..
Illustrate what is the equilibrium price. If supply at every price is reduced by five gallons, what will the new equilibrium price be.
Tri-County Utilities, Inc., supplies natural gas to customers in a three-county area. The company purchases natural gas from two companies: Southern Gas and Northwest Gas. Demand forecasts for the coming winter season are as follows: Hamilton County,..
Health insurance companies in a country decided to introduce pre-authorization review of hospital admissions, i.e., all hospital admissions must be pre-authorized and the health care provider must contact the insurance agency to get the approval to a..
What are two ways that economists have tried to quantify the value of non-market work so that it can be added to GDP to produce a more inclusive measure of economic activity?
Suppose the money supply grew at an average annual rate of 3%, velocity decreased by 5%, the nominal interest rate averaged 9%, and output grew at an average annual rate of 5%. According to the Quantity Theory, what is the real rate of return?
Calculate the expected exchange rate in 1 year (the new long-run exchange rate), EeA/U (round off to three decimal places). Calculate the exchange rate today, EA/U (round off to three decimal places).
Which of the following statements is true about the short run and the long run? Economists typically refer to the short run as a period of time in which the firm does not have sufficient time to change the amounts of any of its inputs.
Would you provide the possible reason to explain why the expansionary fiscal policy doesn't work in those countries?
An individual contributes $100/month into a retirement account. The interest rate is 6% compounded monthly. What is the value after 15 years? Solve by hand as the tables do not go that high.
Choose two examples and explain the management and profitability impacts of these two issues.
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