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Suppose you are interested in the policy effect of a free drug addiction treatment for drug addicts in British Columbia, Canada. You recruited 500 drug addicts in BC and randomly divided them into two groups. For the first group (the treatment group), you provided them the new drug addiction treatment. For the rest (the control group), you just distrubuted pamphlets that explain how harmful drug addition is. You examined the difference of drug use at the end of your experiment.
a) Explain whether this research design is internally vaild ( define what is internal validity).
b) Do you think the results from this research would be externally valid? (define external validity) Empirical Exercise
Which monetary policy would most likely increase aggregate demand?
Shirley Paul's 2-stock portfolio has a total value of $100,000. $37,500 is invested in Stock A with a beta of 0.75 and the remainder
What are the steps required to implement a firm’s human rights responsibilities?
In class, we proved that the competitive equilibrium of the one-period simple economy is Pareto optimal, analytically. We also showed the graphical representation of finding the competitive equilibrium (by means of drawing production possibility fron..
You are required to carry out an economic analysis of an industry of your choice. Examples of appropriate industries include: automobile manufacturing, index fund management, cigarettes, supermarkets and mobile phone networks.
Where does the relationship of business, politics, or law and organizd crime start? Why are these relationships successful?
If we can get foreigners to give us real goods and services and talk them in to taking pieces of paper in return why should we want anything different?" Do you agree or disagree with this statement?
The average avoidable cost for a fringe firm is AAC(q) = 20/q + 5q . The marginal cost function for a fringe firm is MC = 10q . There are 10 fringe firms. The marginal cost of the dominant firm is 2 and the demand function is Q = 100 − P. What is the..
The relevant cost index was 120 4 years ago. The cost then for a gas station tank of 1,500 gallons was $40,000. We want to now purchase one size 4,500 gallons but the purchased price cost index is now 300. Assuming a power law size model with exponen..
Describe the criteria for membership in the European Union. Given the criteria, what are some of the major challenges with expanding the EU eastward? What are t
Using java create variables to store these values. Devise with good names for these variables. In addition to creating the variables, set the values as follows:
Would existing residents win or lose from the decision not to build new infrastructure? Consider this question in terms of:
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