Some economics textbooks refer to the factors of production as follows: Land, Labor, Capital, and Entrepreneurship. Why does Peter Klein say that it is inaccurate to include entrepreneurship as one of the factors? Explai ...
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Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?
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Please discuss the following: As demand increased for these mortgage backed securities, lenders reacted by relaxing their approval standards to increase production. No longer were "all" borrowers required to document the ...
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Some seem to believe that we should be pure maximizers. Others say that we do better as constrained maximizers. Which view does David Schmidtz endorse and why?
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Each of the following lists has an average of 50. For which one is the spread of the numbers around the average biggest?smallest? a. 0, 20, 40, 50, 60, 80, 100 b. 0, 48, 49, 50, 51, 52, 100 c. 0, 1, 2, 50, 98, 99, 100 Gu ...
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"I have my null hypothesis as mean eastern sales = mean western sales but just want to check which excel output to use. I know it is two-tailed and I think I can use p or t but just want to check. I have the following ou ...
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What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?
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Suppose that the demand curve for tickets to see a football team play a game is given by Q = 80,000 - 40P and marginal cost is zero. The team's stadium can host 75,000 fans. 1) How many tickets would the team sell if it ...
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In some states allow requires drivers to turn on their headlights when driving in the rain. A highway patrol officer believes that lesson one-quarter of all the drivers follow this rule. As a test, he randomly samples 20 ...
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A financial analyst examined the possible returns from several financial investments. When the performance of these investments was later examined, it turned out that 25% performed much better than the market average, 25 ...
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