Question: You are the manager of a small farm. Your yearly revenue is $300,000. You work in your farm. You could work somewhere else for $50,000 a year. However, if you work elsewhere the lack of supervision hurts perfor ...
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Question: Suppose the Fed were required to conduct monetary policy so as to hold the unemployment rate below 4%, the goal specified in the Humphrey-Hawkins Act. What implications would this have for the economy? The resp ...
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Question: Based on your reading of the first two chapters of the text, focus in on one of the main concepts covered (e.g., scarcity, ceterus pariubus, association vs. causation, opportunity cost, marginal analysis, etc.) ...
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Question: Labor Migration may be considered an investment in human capital. A. Identify and detail three costs and benefits of labor migration. B. Use the analytical framework of human capital investment to explain the m ...
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Question: During the decision-making process, individuals' are faced with a choice and subsequently forced to forgo other alternatives as a result of resource constraints. Whether the resource is time, money, or any othe ...
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Question: Why do you think the Japanese government permitted the to become so overvalued in the first half of the 1990s? Do you think they could have done anything about it? When the turnaround finally did occur, the fel ...
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Question: Intel built a microprocessor chip factory at their site in Malaysia in 2012. spending $500,000,000 for it. They are expanding their business, and they want to build a new factory in 2017 Additional information ...
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Question: Regarding separation of ownership and control, A major change in most corporate policies requires that a majority of stock shares that are voted favor it. Would you prefer that approval by a smaller (or possibl ...
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Question: Perform hypothesis tests for the following: Per consumer reports, less than 60% of cars are kept by the orginal owners for more than 5 years. GM, Ford and Chysler conducted a simple random sample and found that ...
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Question - Lolita, an intelligent and charming Holstein cow, consumes only two goods, cow feed (made of ground corn and oats) and hay. Her preferences are represented by the utility function U(x, y) = x - x2/2+y, where x ...
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