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Imagine data that showed the number of violent crimes per year and the number of churches (of all denominations) in 100 U.S. cities. Research has shown that these two variables are highly correlated; that is, cities that have more churches also tend to have a larger number of violent crimes, and cities with fewer churches tend to have fewer violent crimes. Does this result mean that churches cause crime, or that crimes cause churches to be built? Based on this information, what can we conclude about the relationship between these two variables? What else might be going on to make up this relationship?
Company AXR had sales revenues of S94 million last year. Cash operating expenses were $42 million The depreciation expense was $6 million. The tax rate is 40%. No dividends were paid the stock for company AXR is currently selling for $20 per share an..
Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for $28,000. What interest rate did she obtain on her investment.
Find the probability that the number who say cashews are their favorite nut is? (a) exactly? three, (b) at least? four, and? (c) at most two.
One of the more confusing topics in economics is the difference between consumer demand and the quantity demanded. Consumer demand is the entire schedule for the demand of a good for all consumers at every price, typically represented by a downwards ..
You think that you need $60,000/year to live on when you retire. Assuming an annual inflation of 3.4%, how much would you need in actual dollars per year 40 years from now to have the same purchasing capability?
What are the main things to remember about elasticity, supply and demand, tax incidence, government controls on the market, and economic theories?
New Tech uses a PW index that divides the PW of all future revenues by the cost in year 0 (PWI1). What is the index value for the following project
Under a system of fixed exchange rates and high capital mobility, is monetary policy or fiscal policy better suited for stimulating the economy?
A firm faces the following demand and cost functions: P = 23 - 0.6q AVC = 3 + 0.4q AFC = 40q -1 (a) Calculate the output that minimizes Average Cost.
Discuss Absolute Advantage and Comparative Advantage, and provide at least two examples of each.
What are the four general four types of competition? How does the growing sharing economy (e.g. Airbnb, Uber, Zipcar, etc.) relate (similarities/dissimilarities) to these general four types? Explain and support your answer
You are tasked with developing a large-scale website that allows U.S. citizens to manage and update their passports. Consider the following:
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