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It can be hard to imagine, but there was once a time when the Internet did not exist. Before screen monitors or mobile apps such as Yelp, recommendations were usually given by word of mouth, through friends or amongst other information avenues.
Nowadays, like magic, there are social network-based recommender systems, proximity location-based application and a handful of other models and features. Seeking a recommendation (for anything) these days is only a click away!
In this Assignment, you will try a real recommender system in your own life and critique its effectiveness.
To complete this Assignment
Find an example of a recommender system other than Netflix. Try it and then write one concise page in which you define and critique the following:
Illustrate what happens to the money supply, interest rates, and the economy in general if the Federal Reserve is a NET BUYER of government bonds.
What are the advantages and limitations of palmtop or handheld computers (including smartphones)? Do you have one? If so, for what do you use it? If not, what features would be particularly attractive to you?
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.
Define what is a rule set by the Fed, which specifies the minimum amount of reserves (or funds) a bank must hold, expressed as a percentage of the bank's deposits.
Elucidate social media have a place in the business nation. How would you use social media to promote your business.
the aggregate supply also demand or how this relates. If you could help with this section I could probably write a decent paper.
The inspection equipment has a 6-year useful life and no salvage value. Use a nominal 18% interest rate in your calculations. How much can Robot afford to pay for equipment if the wages and worker benefits were to have been paid monthly?
It cannot be as the inflation by definition real wages have factored inflation in.
Picturesque will choose a high price and Capturemania will choose a low price. Picturesque will choose a low price and Capturemania will choose a high price. Both Picturesque and Capturemania will choose a low price. Both Picturesque and Capturema..
This problem uses Okun's law to study how the unemployment and inflation rates change when there are demand shocks. Assume that the relationship between the output ratio and the unemployment rate, U is given by the equation U = 6.0 - 0.5 (output ..
Explain why marginal product first rises, then declines, and ultimately becomes negative. What bearing does the law of diminishing returns have on short-run costs? Be specific.
(a) What is the equation for the market demand for Harry Potter books if all consumers have the same equation for demand as Laurel? (b) What is the price elasticity of the market demand for Harry Potter at P = 12.5? Compare it to Laurel's price e..
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