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Your environmental science professor designs an experiment to see whether students in her class care about recycling. She places a recycling bin and a trash bin at the front of the class and then hands out a piece of paper to every student. She asks them to write on the piece of paper their student number, their favorite movie, and whether they own a pet. At the end of the class, she asks all of the students to dispose of the paper before they leave. Then, the professor retrieves the papers from either the trash bin or recycling and counts how many papers ended up in each bin. In this experiment, what variable is measured?
A. How many students listed the same favorite movie.
B. How many students had pets.
C. How many students cared about the environment.
D. How many papers were recycled or thrown in the trash.
Conditions that exist when they shut down their operations and the conditions that exist when they resume their operations.
Which of the following are likely to increase the demand for heroin? Suppose that Jane Margolis is an addicted heroin user. Ceteris paribus, if the murder of some of the heroin dealers in town causes the price of heroin to rise, we would expect that ..
Using the Mundell-Fleming diagram dealing with internal balance (IB) and external balance (EB), explain what is meant by effective policy instrument choice, being careful to identify clearly the critical elements of the diagram. Why is the EB curve p..
Compare and contrast the production function for a product and a service. You should base your discussion on specific industry examples (i.e., automobiles or dishwashers or frozen pizzas are examples of products and tax preparation services or legal..
Explain the break-even price and the shut-down rule. List and explain the characteristics of monopolistic competition. Explain why a price-fixing cartel is difficult to maintain. Put in plain words the concepts of adverse-selection and moral hazard. ..
Describe the Board of Governors. Be sure to include the number of years that they serve and the importance of appointing them for that number of years, how many members are on the board.
Recently, a bank was trying to decide what fee to charge for "expedited payments"—payments that the bank would transmit at a faster speed to enable customers to avoid late fees on cable TV bills, electric bills, and the like.
How do the Minsky and Austrian explanations for the causes of the Great Recession differ? Explain how the proponents of government stimulus believe that it will affect aggregate demand and employment (be specific!). How might government stimulus poss..
Suppose that your firm is the only producer of a high-tech sports utility vehicle for North American markets. Assume a constant marginal cost of $25,000 to produce each vehicle and no fixed costs of production.
Explain the aspects of expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? What is the basic objective of monetary policy? Why is monetary policy easier to conduct than fiscal policy?
In 2015 the nominal interest rate is 6% and the general price level is $100. People expect the price level in 2016 to be $104 but it turns out to be $108. The ex-ante real interest rate equals:
Can we predict dummy variables in stata? And will the outcome of the prediction also be binary numbers?
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