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The numbers of foreign investors in American enterprises for the years 1980, 1981, 1982, and 1983 were 1833, 1521, 1218, and 632 respectively.
(a) Find the line of best fit for this data, and
(b) the regression coefficient.
(c) Does this indicate anything about the attractiveness of American investments to citizens of other countries?
Is the firm maximizing its economic profit? How do you know? What should the firm do to maximize profit? Should it increase or decrease output?
With the assumption that A=1, and the share of labor in the national income is 1/2. Also K=120 million dollars and L= 10 million units and saving rate = 35% and the depreciation rate is 10%. How many periods it will take this economy to reach the ..
Two firms control the entire market for gasoline. They both have identical marginal costs of $1/gallon. The inverse demand for a gallon of gasoline is given by P(G)=10-1.5G. If they decide to collude and split the profits equally, what will each firm..
Jim and Matt allocate their consumption between two goods: hats and bats. The price of hats is $4 each and the price of bats is $8 each. For Jim, the marginal utility of the last hat consumed was 8 and the marginal utility of the last bat was 24.
A random variable X is defined to be the difference between the higher value and the lower value when two dice are thrown. If they have the same value, X is defined to be 0.
Suppose that the demand curve for accountants isED=20-W. The supply curve isES=2+2W. a. Graph the demand and supply curves. What is the equilibrium wage and number of accountants hired b. Suppose California taxes accountants $2.
Suppose that after the fee was imposed, the time of the average trip in central London fell from 40 minutes to 30 minutes. (Note: The travel time will not change by as much as the average speed because the average speed.
Is the statement that "Inflation is always and everywhere a monetary phenomenon" a statement that refers to the medium run or the short run?
A firm believes the sales volume (S) of its product depends on its unit selling price and can be determined from the equation P=$100-S. The cost (C) of producing the product is given by equation C=$1000+10S.
if the quantity of money rose 10 velocity was unchanged and output rose 6 what would be the inflation rate according
Autie Frannie wants to help pay for her twin nephews to attend a private school. She intends to send a cheque for $2,000 at the end of each of the next eight years to apply to the cost of schooling. a) If general price inflation, as well as tuiti..
Should Airway Express continue to provide the flight between Los Angeles and New York at all. If Airway Express decides not to fly, it still has to pay the fixed costs of $3,000 per day. The evening with the return flight the next afternoon is cou..
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