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You are interested in evaluating the role of playing chess among children on their school performance. Fill in the blanks:
a) What is your primary outcome (Y)?
b) How would you measure Y?
c) What is your primary explanatory variable (X)?
d) How would you measure X?
e) What is your equation?
f) What other explanatory variables may you want to control for?
Compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 10 percent to 12 percent when the reserve requirement is 8 percent of deposits, and banks’ desired excess reserves are 3 percent of deposits.
What is the cause of the high unemployment rate? One side says there is not enough government spending. The other says it's a structural problem--people who can't move to take new jobs because they are tied down to burdensome mortgages or firms that ..
ABC Corporation is considering an expansion project. The necessary equipment could be purchased for $22,551 and shipping and installation costs are another $1,581. The project will also require an initial $7,784 investment in net working capital. The..
The probability that a unit of blood was donated by a paid donor is .67, if the donor was paid, the probability of contracting serum hepatitis from the unit is .0144. if the donor was not paid, this probability is .0012. A patient receives a unit of ..
Suppose that you have utility in your wealth that is accurately described by this function: U = W^1/2. Further, suppose that your wealth is $1,000,000. What is the maximum amount you would pay to eliminate a risk that, with p = 0.001, your wealth wou..
Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues
You are in charge of managing a small group of rental car offices. Some customers are Costco and/or AAA members (“cardholders”), and these customers have been getting a discount on the weekly rate for the economy cars that you rent. For the time bein..
q. abc company expects that it will receive a large order from the spain government. but the order occurs abc will be
If the interest rate rises, the owners of oil will supply ________ oil today and conserve ________ for the future. An increase in the value that future consumers are expected to place on an exhaustible resource ________ the marginal cost of extractio..
You earn $3,000 from a part-time job. You have a choice between spending the money now or putting it away in a bank account that pays 5 percent interest per annum. What is the opportunity cost of spending the $3,000 now?
Interest paid on reserves held at the Fed
In the News: Joe Camel Acquires Newport In a widely anticipated move, Reynolds American, producer of best-selling brand Camel, announced yesterday that it has agreed to buy Lorillard, maker of Newport, the number 1 menthol cigarette. What were the va..
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