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If all countries eliminated all barriers to immigration, would global economic growth increase? Why or why not?
Business Economics, Economics
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Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college education wi ...
Julian is in pain! He needs to purchase Advil to feel better. Julian has $12 to spend on medication. Suppose that he can buy Advil in two dosages: 200mg and 400mg. Julian only cares about getting better and not about the ...
Forty-nine percent of US teens have heard of a fax machine. You randomly select 12 US teens. Find the probability that the number of these selected teens that have heard of a fax machine is exactly six (first answer list ...
What is the usefulness of the total revenue test for price elasticity of demand? What are the factors that affect price elasticity of demand and price elasticity of supply? What are some applications of each?
Discuss the benefits and challenges of developing center-based learning environments.
IMAGE Manufacturing is an electronics manufacturer and retailer. Its main products are Ultrabook computers, PCs and calculators. The current price of the Ultrabook is $ 600, the PC is $700 and the calculator is $30. This ...
For a population with a mean equal to 200 and a standard deviation equal to 25, calculate the standard error of the mean for the following sample sizes. ?a) 10 ?b) 30 c) 50 ?a) The standard error of the mean for a samp ...
Some people (e.g Hayek) argue that decentralization of economic decisions in the economy lead to an efficient resource allocation. What differences exist within the firm that make the link between decentralization and ef ...
How does the Monopolies Make Production and Pricing Decisions in Economics?
A team of researcher randomly separates their Study's participants into two groups, giving one group a placebo and the other a new treatment to be tested. As the treatment i not experimental, both participants and resear ...
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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
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