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Question: Economically, how would you rate President Obama's leadership on the economy of the US even now that he is ending his terms in office? Is America standing still of still standing? Provide justifications and citations for your responses.
Basic Economics, Economics
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Problem: Let Yi be the level of income of adult i. It is a random variable. You have a sample of the incomes of n adults, which will contain {y1, y2, ..., yn} realized values of the random variables {Y1, Y2, ..., Yn}. Le ...
Question: Congratulations on taking this course during an election year! As you may hear in the debates and town hall meetings, the candidates often differ on the state of the economy. What are two macroeconomic indicato ...
Question 1: Americans are sometimes criticized for being too individualistic, and in particular for approaching moral issues with too great an emphasis on rights. Although we said that rights and duties are usually corre ...
Question 1: Can an Oligopoly earn positive economic profit in the short run? Question 2: Can an Oligopoly earn negative economic profit in the short run? Question 3: Can an Oligopoly earn zero economic profit in the shor ...
Question: Analyze new fiscal policy actions undertaken by the U.S. government throughout 1990-1999 by describing their intended effects, using macroeconomic principles to explain the actions. Please show steps how you ge ...
Question: How did the "ordinal revolution" change economics? Please show steps how you get an answer and please be clear in your explanation.
Question: When looking at firms, you will find that they are trying to deal with their changes in revenue. One of the major challenges that a firm is going to face is how to evaluate their costs to ensure that they can b ...
Problem: Determine the most commonly used population and individual measures used in providing healthcare today. Examine the primary impact that these measures exert on the choices that consumers make in order to address ...
Problem: Suppose a price floor of $30 is imposed by government in a competitive market where demand and supply are given by Q d = 100 - 2P and Q s = 5 + 3P. Calculate the resulting Q d , Q s and the market surplus. Wh ...
Question: Explain the relevance of the Herfindahl- Hirschman index for antitrust policy under the horizontal merger guidelines. Please show steps how you get an answer and please be clear in your explanation.
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