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A random sample of five observations from the first population resulted in a standard deviation of 12. A random sample of seven observations from the second population showed a standard deviation of 7. At the .01 significance level, is there more variation in the first population?
If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job affords you the highest purchasing power of the bundle of goods in the price index.
Suppose that the Federal Minimum wage was recently increased from $7.25/hour to $9.00/hour. What impact do you think that will have on income inequality in the United States? Will those at the bottom of the economic ladder start catching up to those ..
The composition of pennies is 95% copper and 5% zinc. Coper sells for $3.50 per pound and zinc for $1.00 per pound. It takes approximately 130 pennies to add up to the one pound of total weight. It cost the U.S. Mint $2 to produce 100 pennies. The U...
Show why the firm should not be charged a per-unit tax on the firms output to compensate for the pollution it discharged into a major river. Devise a game plan for responding to the questions that will be raised in the joint session of the subcomm..
Each? month, 35 new people? (not including the 23lacking required? skills) continue to become? unemployed, but each monthly group of newly unemployed.
How would you go about determining whether innovation and the incentives for innovation are becoming more important factors in the performance of firms and industries?
What are the advantages and disadvantages of quantitative easing as an alternative to conventional monetary policy when short-term interest rates are at the zero-lower bound?
If government industry regulators underestimate the degree of competition in an industry are they likely to over-regulate the industry? Explain.
Which of the following is NOT a consequence of imposing a legal minimum wage?
The demand price for a monopolistic firm’s product is a function of quantity q and quality s: P(s,q) = s(a – bq) , while the firm’s production cost is a function of quality s only: C(s, q) =0.5s^2. Find all critical points (s,q) of the monopolist’s p..
q.two firms face a demand equation given by p200000 -6q1q2 where q1 and q2 are the outputs of the two firms. the total
Imagine that you live in a flat and some new people move in next door who like playing loud music late at night. Imagine that you don’t like loud music late at night. In what way is this an externality? Governments often put constraints around when l..
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