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In the United States, 10% of adolescent girls have iron deficiency.23 Suppose two adolescent girls are chosen at random. Find the probability that
(a) both girls have iron deficiency.
(b) one girl has iron deficiency and the other does not.
How many domestic workers will be hired?
How might a critic respond to the claim that taxes always make the allocation of resources less efficient?
They argue that this will lead to lower prices for drugs because competitors will enter the market after the five-year period. Do you see any drawbacks to this proposal?
ECN 630: Midterm Exam. Chris chooses between two goods, X and Y (see figure below). At first, the price of X is low and the price of Y is high (budget line B1). Chris tells you his best affordable combination of X and Y is at point A. Then the pri..
determine the two equal deposits the first deposit required now and the second deposit at the end of year 6 so that you
Choose a product you have purchased in the past month from a clothing or shoe store. Describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic
Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita? (Instructions: Round your answer to two decimal places.) The growth rate of the economy's real GDP per capita = %
What is her marginal product of labor at one, two, three, and four hours of work?
Perron suggested that output might best be characterized as trend stationary with breaks. How does this help resolve the question of the importance of shocks to aggregate demand?
Which of the following monetary policies reduces aggregate demand and output?
This year Harry's again produced 10,000 large pepperoni pizzas (identical to last year's pizzas), but sold them for $12 each. Based on this information we can conclude that Harry's production of large pepperoni pizzas this year.
A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100, marginal cost equals $40, and average fixed cost equals $10.
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