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Why is the margin of sampling error larger for Hispanics than for all 3092 respondents?
Will the variability of the sample proportion change from state to state if an SRS of 1/10 of 1% (0.001) of the state's population is taken in each state?
Why should the money be used for a tax cut, or should it be spent on programs for education, the environment, health care, crime-?ghting and military defense?
Question: What is the largest component of national income for most countries?
Using the following data, prove that pollution permits that can be bought and sold can reduce pollution from 12 units to 6 units
What factors determine a country's productivity levels? What could a president or other government policymaker do to increase a nation's standard of living?
By describing and then adopting the main features of the neoclassical supply of labor, explain how these two factors may be related.
How does the quota affect the efficiency of resource allocation in the United States? Why do you think Congress is supportive of this policy?
Suppose that a very high tariff were placed on steel imported into the United States. How would that affect employment in the U.S. auto industry?
Why do American households and businesses buy things from foreigners? What are the characteristics of the items we buy from foreigners?
How could inflation make people turn to exchange by barter? Why do virtually all societies create something to function as money?
Assume all taxes are collected. Is the Government experiencing a budget deficit in equilibrium? Why is the economy experiencing a trade deficit?
As an economic advisor to the president, you have been asked to discuss cap and trade issues at the next cabinet meeting.
Which politician do you think is talking about nominal GDP and which one is referring to real GDP? Why do you think this?
Draw a supply- and-demand diagram to show the effect of this policy on the price of cheese and the quantity of cheese sold.
Analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from both chapters seen this unit such as government in
Explain which type of unemployment you think is most directly affected by the size and duration of unemployment benefits.
Two drivers -Tom and Jerry- each drive up to a gas station. Before looking at the price, each places an order. What is each driver's price elasticity of demand?
The US has used the foreign borrowed money inunproductive expenses - What some of the US unproductive expenses? Provide at least three examples.
The second grant is sponsored by the federal government. Assuming that your non-profit is risk-neutral, which grant should you apply for?
Why do you think the average American is better or worse off as the result of the economic activities of these individuals? Explain your response.
There is an overall increase in income. What are the effects of government intervention in the cell phone market?
In 2010, U.S. investors purchased $50 billion in foreign assets, and foreigners purchased $100 billion. What was the net capital outflow for the United States?
Draw a supply-and-demand diagram of the market for beer without the tax. Show the price paid by consumers, the price received by producers and the quantity.
What is the effect of your new product or product line on productivity, trade, and economic growth?