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Feigenbaum and Gross (2020) studies the effects of automation on telephone operators. Before automation, who made up the majority of operators? Older operators were more likely to be pushed out of the labor force by automation. Why?
Attempt to briefly explain the great recession according to each of the following four business cycle theories:
Define the Law of Supply? Keeping in view the Law of Supply, how the following factors will shift the supply curve? (Each answer must be supported by a neat diagram):
Describe the strength of the association between seatbelt use and whether one was injured or killed using the odds ratio. Calculate the odds ratio.
Write a analysis assessing how the major economic events influenced supply, demand, and economic equilibrium in the US economic activity:
How much total utility does the consumer receive?
Use present worth analysis to determine which should be selected. Contributed by D. P. Loucks, Cornell University
What is the probability that more than 10 parts will be defective? Answer to at least four decimal places.
Suppose that demand for good increases and, at the same time, supply of the good decreases. What would happen in the market for the good?
Describe the difference between intrinsic and extrinsic motivation and give personal examples of each.
What strategies will you adopt to promote the company's dream project?
Why do you think China can solve social problems like the Covid-19 pandemic more effectively than the US because of the system they used, as explained by Profes
Some would argue that the effects of international trade is to take jobs away from domestic workers.
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