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Question: Consider the following information: A Ford Model T cost $500 in 1918, a movie ticket cost $.60 in 1960, and a comic book cost $.50 in 1950.
Describe an example you have experience with of the principal-agent problem (for example, you have a desire for your children to listen in school)
A test classifies applicants as accepted or rejected. On the basis of data on 200 applicants, we test the hypothesis that ad placement success is not related to gender.What hypothesis testing would you use in this situation
As a typical middle-class consumer, you are making monthly payments on your home mortgage (9% annual interest rate), car loan (12%), home improvement loan (14%),
Analyze the aging of the U.S. population and the financing of Social Security. What do you think should be done for the long-term
Imagine a situation where a running competition is going so there is no error into it. You are invited to make a App to record the whole competition and keep this record to the App and provide ranking system.
A 2 percent increase in the price of milk causes a 4 percent reduction in the quantity demanded of chocolate syrup. What is the cross-price of milk elasticity of demand for chocolate syrup with respect to the price of milk? Are the two goods compl..
Suppose that people expect the Fed to hit its inflation target. In the short run, if output growth is just 2 percent for two years and the equation determining the real interest rate changes to r=4.5-%^Y, what money growth rate should the Fed aim ..
Suppose research has uncovered the following aggregate demand and supply functions for an economy:
In year 1 and year 2, an economy produces computers and bread. No intermediate goods. In year 1, 20 computers are produced and sold each for $1000. Calculate nominal GDP in each year. Find the growth rate of nominal GDP. Calculate real GDP using ye..
Suppose you were instructed to construct a BP curve of one state in the United States with another. What general slope would you expect for this curve and why?
Explain how many hours of work is the consumer working. What is her income.
What do you make of Karl Marx's contributions to sociology? What perceptions of Marx have you been exposed to in your society, and how do those perceptions influence your views?
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