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Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds.
What should the WTO do, right now, to avoid having developed economies regress to a Smoot-Hawley type of isolationism/protectionism to avoid job losses in import-competing sectors?
Based on your analysis, and your understanding of the usefulness and limitations of these benefit analyses, do you conclude that protecting the plover is efficient?
Calculate the number of people in the labor force for each country. Calculate the labor force participation rate for each country, and put the figures in the blanks provided.
when P= 150 euros and Y= 15(000) euros , determine the following: price elasticity of demand and income elasticity of demand.
Does ACRE provide an effective safety net? What is the effectiveness of the safety net if production costs are now 50 percent higher than the loan rates?
Analyze the impact of eliminating these technologies. Use a graph in your answer. What might offset those impacts?
Even if no crop is grown. Do you think elimination of the direct payment would also affect the variability, or risk, in farmland values? Why?
Analyze using graphs and explain the impacts of this on a crop like corn (or wheat). What would a farmer require in the next CRP registration period to keep his land in the CRP program.
Compare the effects of this difference in farm bill proposals on the level of revenue safety for farmers, advantages, and disadvantages of each.
The new farm bilis very different from the current farm program. Analyze the effect of the new farm bill proposals on price and income risk compared to the current farm program.
Analyze, using graphs, and discuss the impact on domestic and world prices, consumers and producers the effects of the Russian government's decision.
If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return?
Collect the PPP (purchasing power parity) adjusted GDP per capita. Use the Big Mac Index (just make an internet search for this) to adjust your nominal incomes.
The exchange rates changes to 1.45Euro/US$ at the end of the year. Identify and discuss which deposit will give her a higher return, and by how much (measured in U.S. dollars).
At the end of 2013, Balnur could have sold her computer for $500. Calculate Balnur's opportunity cost of production and economic profit in 2013.
If the price of gasoline is $4.00 per gallon and the price elasticity of demand is 0.4, how much will a 10 percent reduction in quantitity on teh market increase the price? will total spending on ga
For each of the following cases, what is 1) the symmetric demand function, and 2) the symmetric equilibrium price? maximum differentiation: firms locate at 0 and 1.
What is total profit if you use third-degree price discrimination? Under what condition is the optimal p1 under third-degree price discrimination greater than p2? (in terms of the parameters of the
Derive each firm's best response function. Are the two firms' actions strategic complements or substitutes? Find the Bertrand equilibrium, and the equilibrium profit of each firm.
However, if any firm should deviate from the agreement then they will revert to the Nash equilibrium forever. if firms collude, what is the profit of each firm?
derive each firm's best response runction. find the cournot equilibrium. what is the profit of each firm under the Cournot equilibrium?
Discuss the policies that Keynes and Hayek advocated regarding how the federal government should manage the economy. What are the major differences between each school of thought.
What determines the capital-labor ratio for each good in each country? Why might both industries use a higher capital-labor ratio in one country than in another?
Within the context of the following discuss the following: Is the US solar industry an "infant industry" that requires protection from Chinese government subsidies?