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Problem
1. Consider the market for life insurance. Give an example of statistical discrimination an insurer might use to set premiums.
2. Consider the market for auto insurance. Explain why insurers ask student drivers about their grades.
Suppose the U.S. population is 275 million. If 210 million people are of working age, 135 million are employed, and 6 million are unemployed, what is the labor force participation rate?
What is the relationship between business operations and CSR at BP - Does the organization consider CSR as obligatory or do they seek opportunities for CSR? In other words, is the organization reactive or proactive?
Given the above information, calculate the value of nominal GDP in Grantland for 2010, 2011 and 2012. Provide any general formula you use to calculate these values and identify any abbreviations in that formula
Now, suppose a public project to clean up the beach improves water quality from 0 to 2 units (thus, q = 2). The estimated benefit of the project
We draw any general conclusions about the relationship between market concentration on the one hand and price, profit, or total welfare on the other?
If the bank only aims to break even, calculate the interest rates charged to high types and to low types. Compare the two rates.
Which of the following is not implied by the quantity equation? When the money market is drawn with the value of money on the vertical axis, as the price level increases, the value of money
Identify the effects of union activities during the post- Civil War period by using a graphic organizer similar to the one below.
What if the town could commit to a strict enforcement policy and motorists believed that this policy would be used? Would the town wish to do so?
It has been argued that many of the problems with negative externalities - such as pollution, or the "tragedy of the commons" - could be better solved if there were clearly defined, protected and enforced property rights.
1. Use an appropriate model (including graphical representation) and explain how the elimination of tariffs on Australian raw wool and cotton exports to TPP countries affects Australian businesses.
Specifying how the company/organization/team generates additional awareness and exposure through their social media - include 2 concrete "real world" examples with details and explanations on how they accomplish this based on your research.
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