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The number of homicides in Chicago in 2010 was 435. Chicago had a total population of 2,695,598 in 2010. What is Chicago's homicide rate? Standardize by 100,000 and round to 1 decimal place.
· How can I Find the standard deviation for the following scores: 20, 21, 20, 23. The mean is 21, and n = 4
· In the following statement identify the dependent and independent variables: "I expect that individuals with high scores on the Racism Scale are more likely to commit heinous crimes. "In the following statement, heinous crimes is the... Is it the independent variable?? I am confused
When looking at stores, you will find that competition will influence the market prices. The challenge that our economy is facing is that we need to monitor how many firms that are involved within an industry. What are the implications of these indus..
Explain how to measure the price elasticity of demand and supply and the cross elasticity income elasticity of demand? Explain how you would calculate the price elasticity of demand for gasoline.
Managed care has had a significant impact on the delivery of behavioral halth services. This has influenced the way that the behavioral health industry conducts business.
Say you are the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs.
Why may the effective patent life of a drug be shorter than the legal life. Explain why may the effective patent life of a drug be longer than the legal life.
1. Using the IS-LM model and assuming the central bank conducts monetary policy by directly setting the interest rate for liquid funds in short-term money market, explain the effect on the equilibrium level of aggregate income and the interest rat..
There are 2 fishermen, Zach and Jacob, who fish along a certain coast. Both would benefit if lighthouses were built along the coast where they fish. The marginal cost of building each additional lighthouse is $25. The demand curves for lighthouses ar..
The concept of balance of power is fundamental in international relations. What does it mean? How meaningful can it be at the beginning of the 21st century, given the impact of globalization and modern warfare in which one's opponents may not be atta..
Explain how will the level of the velocity of money change if there is a permanent (one time) increase in the nominal interest rate, holding other factors constant.
The natural rate of unemployment is
If the tort system were deemed a method of social insurance rather than one of deterrence of uneconomical accidents, would awards in tort cases be on average higher or lower than under the deterrence rationale?
Mary is in equilibrium. The MUa =6, MUb =12, Pa=2, what is the price of b? Zach is in equilibrium. The MUa=2, MUb=8, what is the price of a in terms of the price of b? What is the utility maximizing or optimization condition?
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