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Why do workers need to make a decision about how much time to spend working and how much time to spend doing other things
Demand for Insurance Consider the utility function u(x) = log x. Find the optimal insurance coverage, C ∗ , when insurance is actuarially fair (i.e. q = p). Find the optimal insurance coverage when q > p. Find Dirk’s expected utility from this prospe..
Why do the soft technologies open more opportunities for women? To what extent have these technologies impacted the perceptions of men’s and women’s roles in the economy, within marriage, and in society as a whole?
Define, compare, and contrast both of the following sets of terms. a. Store of Value vs. Unit of Account b. Fiat money vs. Representative Full-Bodied money
The consensus of economists and business analysts is for faster economic growth in the U.K. relative to the U.S. Firms in the U.K. are also projecting excellent profits. What are the implications for the exchange rate of the dollar for the British po..
If a consumer increases her quantity of ice cream consumed by 1005 WHEN HER INCOME RISES BY 255 then her income elasticity of demand for ice cream is? The market demand for wheat is Q=100-2p+1pb+2y. If the price of wheat, p, is $2, and the price of b..
Why all of this complexity? Why don’t state courts hear only claims based on state law, and federal courts only federal-law-based claims? Why would a plaintiff in Iowa with a case against a New Jersey defendant prefer to have the case heard in Iowa?
For each of the following pairs of items, say if they are perfect substitutes, imperfect substitutes, or perfect complements and draw an indifference curve map.
q1. find the equilibrium price and quantity after the shift of the supply curve.q2. a machine used to cereal boxes
Discuss the relationship between economics, business concepts (such as targeted marketing), social status, and wellness. Discuss how the relationship you describe relates to the concept of wellness as defined in this course and how it relates to spec..
part a a brawl in mickeys backyardread the discussion case a brawl in mickeys backyard question 1 in a chart diagram or
show and explain the equation of exchange based upon the velocity of money. Eventually this model was used to develop a demand for money theory. Why was this model not a good predictor of the demand for money?
Suppose regression of y on x with a sample of size 37 yields 2 R = 0.4. What is the correlation coefficient between y and x?
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