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The following two observations have the same explanation. River water is often muddy, whereas seawater is not. At the confluence of a river with the sea, a large silt deposit is always observed. Based on the principles of charged interfaces, provide a qualitative explanation for these observations.
How does the strength of other economies outside of the U.S. affect your organization?
Peter lives for three periods. He is currently considering three alternative education work options. He can start working immediately, earning $100,000 in period 1, $110,000 in period 2 (as his work experience leads to higher productivity)
According to Michelman's (1967) criterion, projects can go forward if B C > min(S, D), where, recall, S are settlement costs and D are demoralization costs. Given this formula, explain why Michelman is more permissive than Pareto but less permiss..
Find the solution to the firm's short-run cost-minimization problem when capital is fixed at a quantity of 5 units (i.e., K = 5), and w = 1 and r = 1. Derive the equation for the firm's short-run total cost curve as a function of quantity Q.
Every student enrolled in Economics 101 must also attend a weekly tutorial. This year there are two sections offered: section A and section B, which meet at the same time in adjoining classrooms and are taught by equally competent instructors. Sec..
Your job is to prescribe policy that would enable the economy to recover from the recession. Explain how you could use the standard tools of expansionary monetary policy and expansionary fiscal policy to stimulate this economy towards economic gro..
Assume that the current income level in the economy is $600 billion. To reduce the unemployment rate to the desired level, it is determined that we must raise the income level to $650 billion. Assume that C = 25 + 0.75 Yd . To accomplish this, tax..
If the current stock of capital is fixed at 250 units, how many full-time workers should the firm employ if the weekly salary of each full-time worker (w) is $400 per week Compute the firm's level of output and profits per week in this short-run e..
If you were head of the Japanese central bank, how would you respond? What impact would your policy have on the level of investment?
Build a time series model for the log earnings series. Perform model checking and write down the fitted model - Compare the two time series models. Which model is preferred in terms of fitting
You are the sales manager for an appliance store. You have a total of 100 sales people. 40 sales people sold $1000 or less and the rest sold over $1000. Of the 40 who sold $1000 or less, there is a 0.20 probability that the sales person was new.
Was the decline of socialism in Eastern Europe the result of purely economic factors? What role was played by politics and culture?
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