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1. Suggest some ways in which we could draw an approximately random sample from people in a small city. (The Census Bureau has to do this kind of thing frequently.)
2. Give an example of a study in which we don't care about the actual numerical value of a population average, but in which we would want to know whether the average of one population is greater than the average of a different population.
both inflation rate and unemployment rate are closely watched aspects of macroeconomic performances of the economy
Find the market equilibrium price, PE, and market equilibrium quantity, QE. Now determine the value of producer surplus and consumer surplus at equilibrium.
The demand for speciality glue is given as: P = 1200 - 6Q, where P is value per 100 pounds of specialty glue produced and Q is the amount manufactured.
Firms decide how much to spend on product development and marketing by
Do protectionist policies benefit producers, consumers, workers, or the government? Explain.b) Explain how the "Buy American" theme hurts Americans. a) Identify the four major tools of monetary policy.
Presume that the market demand for cell phone service is given by the following equation: Qd = 471 - 2P where Qd is the quantity of lines per month that people in the local area would be willing to purchase at a monthly price of P dollars. What is th..
marsh company has other operating expenses of 240000. there has been an increase in prepaid expenses of 16000 during
The marginal revenue is $3.00. What is the short-run and long-run condition for the monopolist and what output changes would you recommend?
Suppose that there are 200 identical firms that sell five units each of the same good when the market price is $10 per unit. They have identical individual supply curves that are positively sloped straight lines that go during the origin. 100 of the ..
Propose a regression model including the important explanatory variables that a business manager should use in estimating the demand for its product.
Currently, it is difficult to sue the federal goverment unless it agrees to be sued. If the law were changed so that lawsuits (such as by victims of the collapse of the I-35W bridge) were easier, how would this change the incentives.
the ceo of bank of america brian moynihan recently stated that us taxpayer money should not be used to bail out major
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