What is the miracle of aggregation

Assignment Help Business Economics

Reference no: EM131091994

A. What is the miracle of aggregation?

B. What does the miracle of aggregation have to do with uninformed voters?

C. What is systematic error?

D. What is rational irrationality?

Reference no: EM131091994

Questions Cloud

Dissiminate information to the different functional areas : Your senior leadership is considering using a print newsletter to dissiminate information to the different functional areas in the organization.

Workers disability in employment : Locate an article or case on workers disability in employment and post a short discussion Be sure to discuss the following: what were the issues of the case? What were the outcome? What can be learned by the case in light of your own employment/ ..

Use the opportunity cost approach : A specialty concrete mixer used in construction was purchased for $300,000 5 years ago. It is MACRS-GDS 5-year property. Its annual O&M costs are $105,000. The remaining useful life is 8-years and the end of the 8-year planning horizon, the mixer wil..

Write a detailed poem to a husband : write a detailed poem to a husband.... you have been married 2 full years... he is very very country and you are city gal...... however he is the best blessing you have ever had!

What is the miracle of aggregation : What is the miracle of aggregation? What does the miracle of aggregation have to do with uninformed voters? What is systematic error? What is rational irrationality?

Determine the before-tax optimal replacement interval : Polaris Industries wishes to purchase a multiple-use-in-plant "road test" simulator that can be used for ATV's, motorcycles, and snowmobiles. The simulator takes digital data from relatively short drives on a desired surface and simulates the ride ov..

What is the distinction between ethics and morality : What is the distinction between ethics and morality? Discuss the different meanings of the word "ethics," and include examples that elucidate the distinctions between these definitions.

Determinants of aggregate demand : The following graph shows an increase in aggregate demand (AD) in a hypothetical country. Specifically, aggregate demand shifts to the right from AD1 to AD2, causing the quantity of output demanded to rise at all price levels. Complete the table by i..

Consider production possibility frontier for simple good : Consider the production possibility frontier for a simple two-good (closed) economy. Quantities of good x produced are plotted on the horizontal axis. Quantities of good y produced are plotted on the vertical axis. Suppose that the production of both..

User Account

All Pages