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What is linear regression measuring and What is the linear regression formula and how is it used?
Explain Greenspan's behavior in the buildup to the 2008 crisis in terms of his conduct of (1) monetary policy and (2) financial regulation. How would you explain Bernanke's failure to see a housing bubble before the crash? What can we learn about eco..
What is the result of an increase in the price of bread, a normal good? The demand curve shifts to the right. The demand curve shifts to the left. The quantity demanded increases. The quantity demanded decreases.
Two examples of price discrimination? and Think about a firm and its investments. Describe different types of capital. Describe the behavior of oligopolistic firm. how does the firm use Game Theory? define and explain the two types of game theory ass..
Which of the following is a true statement about? self-interest as used in the study of? economics?
Price Leadership. Leading People Magazine is a dominant price leading firm in the popular celebrity news magazine market. Moonlighting and National Inquest are competing news magazines that address the same audience. Calculate optimal supply for Moon..
Critics argue that countries relying on primary exports will experience problems of fluctuating and declining terms of trade. Explain the theory and evidence behind these arguments, and how these problems can reduce the gains from primary export t..
What is the explicit cost? What is the implicit cost? What is Joe economic profit in the first year?
Explain how "history" affects ability of firms in this game to achieve an outcome superior to that of one-shot version of game.
Suppose that Mimi plays golf 5 times per month when the price is $40 and 4 times per month when the price is $50. What is the price elasticity of Mimi's demand curve? Use the Midpoint Method to answer this problem.
Market for Labor in Fast Food Industry. In this market, the equilibrium hourly wage is _____________________ and the equilibrium quanity of labor is ______________ thousands of workers.
q1. when the federal government decreases the individual and corporate income tax rates?q2. between sweezy oligopoly
If excess profits are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply induced?
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