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A 20 foot high grain silo in the shape of a cone, has a 10 foot base radius. When the radius of the enclosed grain is 8 feet, how high is the grain piled?
Explain in words why U.S. export industries would benefit from a reduction in restrictions on imports to the United States.
Do you think China's experience in raising its standard of living (output per person) provides a model for developing countries to follow?
Describe the different types of substantive procedures.
What would be the value of the multiplier derived from a naïve regression of consumption on income, and what would be the true value?
Using this idea, explain why a deep recession could lead to an increase in the natural rate of unemployment. Which demographic groups do you think would be affected the most?
Mr. Wayne, CFO, provides you with the following information based on experience and management policy. All sales are credit sales and are billed the last day of the month of sale. Customers paying within 10 days of the billing date may take a 2 pe..
Revenue from sales of a training video for the first year are estimated to be $350,000. In addition, revenue is expected to decrease by $25,000 per year over the life of the video (which is 10 years).
What is the optimal bid-ask spread?
Verify that Theorems 7.13 and 7.14 from Chapter 7 can be applied to the Ben-Porath and lead to (10.14) as necessary and sufficient conditions for an optimal path of human capital investments. [Hint: use a similar argument to that in Section 7.7 in..
The researchers discovered that the mean FSS for people with insomnia is greater than the mean FSS for normal sleepers, but that this difference is the same at all education levels. Based on this result, which of the two models best represents the..
In the United States, the capital share of GDP is 30%, output growth is 3%, the depreciation rate is 4% and the capital output ratio (K/Y) is 2.5. Assume the US economy is described by a Cobb-Douglas production function.
Assume that Johnson deposits $350 of currency in his account in the XYZ bank. Later the same day Swanson negotiates a loan for $2000 at the same bank. In what direction and by what amounts has the supply of money changed
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