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Which decade, the 1970s, 1980s, or 1990s, saw the highest average rate of inflation in the United States? Which of these decades saw the lowest average inflation rate?
Discuss the statistical results you obtained in question 1. Include in your discussion R2 , the coefficients, and the statistical significance of the coefficients. For the statistical significance test, use the p-test rather than the t-test.
A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and increases total surplus.
Bob is proud of the film and wants as many people as possible to download it. Which price would he choose? How many downloads would be sold?
Jane invested $ 9,000 in a high yield bank account. At the end of 15 years she closed the account and received $299,000. Compute the effective interest rate per year she received on the account if the interest was compounded yearly.
Draw the appropriate diagram, and use it to explain the logical steps to explain how positive price effects can happen
Given the various modes of international market entry, which mode would be most appropriate for this company? Elaborate.
What generalization can you make from this exercise?
Define inflation. Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2007, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per ..
Suppose the marginal benefit of writing a contract is $100, independent of its length. Find the optimal contract length when the marginal cost of writing a contract of length L is: a. MC(L) = 30 + 4L. b. MC(L) = 40 + 5L.
Consider the system shown in Figure P9.4. If the input to the system, x[n], is a 32-point sequence in the interval 0 ≤ n ≤ 31, the output y[n] at n = 32 is equal to X(ejω) evaluated at a specific frequency ωk. What is ωk for the coefficients shown..
A woman managing a photocopy establishment for $25,000 per year decides to open her own duplicating place. Her revenue during the first year of operation is $120,000, and her expenses are as follows: Salaries- $45,000, Supplies $15,000, Rent- $10,..
If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above.
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