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From kaldor-hicks efficiency point of view, discuss the importance of the level of compensation in the context of eminent domain. What are the efficiency implications of errors in determination of compensation?
Business Economics, Economics
A lottery game has balls numbered 1 through 19. What is the probability of selecting an even numbered ball or a 9
How was Stephen Colbert's CBS debut on the Late Show? Nielsen Ratings claimed that at least 4% of young adults watched his premier week. Suppose a survey of 1,056 young adults found that 3.90% watched. Does this disprove ...
In a survey of 3236 adults, 1470 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.
Suppose a consumer is trying to make a choice over the consumption of two goods: x and y. Px = 3, Py = 4 and the income is equal to 50. Assume that the government distributes some stamps that are good to buy 5 units of g ...
What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.
What is the difference between a positive economic statement and a normative one
According to the same National Collegiate Athletic Association data, the means and standard deviations of eligibility and retention rates (based on a 1,000-point scale) for the 2013-2014 academic year are presented, alon ...
In a large university, 68% of students live in dormitories. A random sample of 14 students is selected. What is the probability that the sample contains more than five students who do not live in the dormitories?
An important decision places Christmas holiday celebrators: To buy real or artificial trees? A market research firm reported that 62% of individuals polled preferred an artificial tree. We conduct independent serving of ...
A simple random sample of n (shown on right) observations from a normally distributed population with a known standard deviation of σ (shown on right), compute the margin of error with (1 - α)100% confidence (α shown on ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As