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Researchers seem to have a lot of fun testing different nudges to see how well they work.
In one experiment, they placed mirrors in shopping carts so customers at a grocery store were forced to look at themselves while they shopped.
How would you expect this kind of nudge would impact shoppers' behavior?
New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of amusement park rides, what is the future worth in year 5 of savings of $7..
Barton works as a freelance reporter covering stories in State F, a member state of the EU. have caused a great deal of embarrassment to a certain minister in the State F government, and the minister has asked the State F parliament to pass a law for..
In the aggregate expenditures model, it is assumed that:
Explain the impact of each of the following upon commercial bank reserves: (a) the Federal Reserve sells government bonds in the open market to private buyers;
During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections.
Consider a facility that has a 30-year life, a replacement cost of $1 million, and an interest rate of 5%. Calculate the animalization factor. Show your work/ calculations using the formula. Based on the animalization factor, calculate the annual cos..
What effect do increased regulations have upon a country's PPF and where the economy produces on the PPF? Do regulations cause the PPF to shift?
If price controls are initiated, we would expect that
Consider a simultaneous move game between a union and a company. If both the parties bargain hard, each would gain nothing. If only one party bargains hard the accommodating party gets a profit of $1 million while the bargaining party gets a $5 milli..
Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp and prolonged inflationary trend. Explain in each case how the change you advocate would affect commercial bank reserves, the m..
There is an intimate connection between politics and economics, and different systems of the two can only exist side-by-side in certain pairings. For instance, says Friedman, a society which is (economically) socialist cannot also be (politically) de..
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