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Question: what you understand by selection bias and your understanding of the example mentioned in the podcast by Joshua Angrist on Econometrics and Causation Dec 22 2014
Both Veblen on one hand and Kahneman and Tversky oon the other hand challenged standard neoclassical notions of rationality. Explain the similarities and differences between Institutional Economics (Veblen) and Behavioral Economics (Kahneman and Tver..
Regarding labor markets in general, consider some reasons as to why there is such a wide variation in earnings between participants. In other words, why do software engineers or doctors make more than fast food restaurant employees? In essence, it mo..
q.businesses have to make many financial decisions that have a direct impact on operations and the ability to
What does requiring people to have catalytic converters on their cars do to this person's welfare?
Between Medicare and Medicaid, which program is doing a better job at balancing costs, quality, and access to medical care and why?
Is the demand for Marco's elastic or inelastic. Did their total revenue increase or decrease with the change in price?
What price should each firm charge if it wants to maximize its profit (or minimize its loss)?
Discuss how elasticities should be used in pricing decisions. If you were responsible for setting the price of these volumes, what would you choose and why.
Figures 1-2 and 1-6 rely on data from 2010, and Figure 1-5 relies on data from 2005, to map worldwide trade, migration, and FDI. Updated data for migration.
If a bank has $50 billion in demand deposits and required reserves are 12?%, the maximum amount of money it can lend is ?$ _billion.
The traditional U.S. auto industry (the Big Three) has struggled for many years against competition from foreign-owned automobile companies. Their struggle was dramatically heightened in 2008 with the world-wide credit crunch and economic slowdown. A..
q1. throughout 2nd world war u.s. prisoners of war utilized cigarettes as a form of money. cigarettes were used to
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