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What are the stereotypes about memory performance in older adults? What does the research suggest about each of these areas? What is myth and what is reality?
The experiment must be run in blocks, with no more than four test runs per block. Up to 20 blocks can be used in the experiment.
Consider two manufacturers, Each makes a product. The two products are partial substitutes. Priced at p_t, product i receives a demand q_1 = 15 - 2 p_1 + p_2 and q_2 = 15 - 2 p_2 + p_1. It costs $5 to produce a unit of product 1 and $10 to produce a ..
A study finds that leaf blowers make too much noise, so the government imposes a $10 tax on the sale of every unit to correct for the social cost of the noise pollution. The tax completely internalizes the externality. Before the corrective tax, Blow..
The production function. Y=K^5 (AN)^.5 , where both the population and the pool of labor are growing by rate n=.07, the capital stock is depreciating at a rate of d= .03, and A is normalized to 1. What are the capitals and labor's shares of income? W..
What is the future value of a $810 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
21st century insurance offers mail-order auto mobile insurance to preferred risk drivers in the Los Angeles area.
Should government help the large banks and brokerage firms and "bail them out" of these bad loans? How much help should be given to borrowers who are in trouble with their mortgages? What is your opinion of “moral hazard” concerns?
Give an example of each type of purchase and describe your elasticity of demand for the item. Explain why your demand may be elastic or inelastic.
Should the governmentâs role in terms of health insurance be different for those with jobs and for those without jobs?
Assume that a consumer has the utility function U(x,y) = (3x+1)y, where x and y represent the quantities of two goods, X and Y. For parts (a)-(h), assume that good X costs pX=$3 per unit and good Y costs pY=$4 per unit. “Wealth” and “income” have the..
What electoral system (i.e. Plurality-Majority or Proportional) is better for political representation?
The value of cross price elasticity of demand between goods A and B is 0.75, while the cross price elasticity of demand between goods A and C is -1.38. Characterize A & B and A & C as substitutes or complements. Explain why this is the case.
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