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Question: Directions are as follows: (worth 3.5%)
Congratulations you made it to Week 12 of this course!
List two concepts that you learned in this course that has increased your knowledge of macro economics.
How do you think these two concepts may help you in your career moving forward into the future.
Your production line has recently been producing a serious defect. One of two possible processes, A and B, could be the culprit. From past experience you know that the probability that A is causing the problem is 0.8 but investigating A costs $100..
For each of the following utility functions, find the marginal rate of substitution function, MRS, and plot the indifference curve for which the consumer reaches a utility level of U = 10.
Suppose there is an economy where 80 percent of people. What measure of the income distribution does the first statistic tell you about? What about the second?
What is the highest level of measurement that could be correctly applied to the variable "Population Density"?
Trade barriers (quotas and tariffs) are often used to protect domestic workers. Explain how the use of such barriers creates higher unemployment rather than protecting it.
the study of how to increase resources and create conditions that will make better use of resources. Resource development or Economics or else.
Show the long run change in the US money market equilibrium using a diagram. Describe the short-run impact on the spot exchange rate.
Here is the question. For this business law class, you were required to brief a court opinion using the FIRAC method of legal reasoning. What do the letters F, I, R, A, C stand for? Please explain the steps of this method in detail.
What is the socially optimal level of each firm's pollution reduction
Explain how would you estimate additional dollar cost of adding sales people? How is the expected net revenue generated by adding.
part a 1. describe three 3 ways we can use macroeconomic analysis with one 1 original example for each way.2.you are
Mark is saving for new furniture and saving $200 at the beginning of each month. How much will Mark be able to save?
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