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When 425 junior college students were surveyed, 150 said that they have previously owned a motorcycle. Find a point estimate for p, the population proportion of students who have previously owned a motorcycle. Round to the nearest thousandth.
Which of the following statements is true with respect to a market in which there is a perfectly price discriminating monopolist?
Per capita income in County A is $45,000. Per capita income in County B $38,000. Physician visits average 3.4 per year in County A and 3.2 per year in County B. What is the arc income elasticity of demand for visits?
Computer the cross exchange rate with the Canadian dollar as the terms currency and the Euro as the base currency.?
examine motivation tools employed in it to motivate employees - Choose any three popular leaders and examine their traits by referring Trait theory
Explain why the classical supply curve is vertical. What are the mechanisms that ensure continued full employment of labor in the classical case? How does the Keynesian aggregate supply curve differ from the classical one? Is one of these specificati..
Assume that the wholesale skim milk market is perfectly competitive. Suppose demand is described by P=5.10-0.80Q and supply is described by P=1.90+0.20Q. If there are no price controls, what would be the equilibrium quantity?
How does planning theory differ from the practice of planning? What is the major difference between public planning and private planning? List and discuss three theoretical approaches to the process of planning. Which approach do you feel is most eff..
Identify each of the following as expansionary fiscal policy, contractionary fiscal policy, not fiscal policy a. taxes are increased to reign in the economy b. the Federal Reserve increases the interest rate paid on reserves in attempt to reign in th..
Lay out the arguments forand against trade treaties like NAFTA, and/or for the process of"globalization" of the U.S. economy. What do you think? What is your position, positive or negative, and why do you think so? Paterson, which now has lost most o..
Several questions in this problem set are based on the 8/19/12 Wall Street Journal article "Cartel Pushes Up Price of Rubber." This article is at the end of the module on Antitrust Policy. There are no good substitutes and economies of scale are larg..
A bank has $100 million in excess reserves that it wishes to lend. Through the lend-spend-deposit cycle, by how much could the money supply theoretically expand?
Should the government increase the minimum wage? What should be the guidelines for an increase? What are some of the disadvantages of an increase?
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