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What are the pros and cons of trade restrictions? What are the pros and cons of free trade? Which is better in your opinion?
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Business Economics, Economics
Use the following table to find the? steady-state values of the? capital-labor ratio and output if the? per-worker production function is y t = 2k t 0.3 . Saving rate (s) = 0.37 Depreciation rate = 0.04 population growt ...
Eleven people have eleven different favorite numbers from 2 to 12. They all agree to participate in a 10,000-roll dice game where they bet $1 on their favorite number for each roll of two standard (fair) dice. A donor ki ...
An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...
Ever wonder why a survey of the American population often has what seems like a very small sample size? 2000 people can tell us what the American population is thinking about. We have formulas to calculate an appropriate ...
Practical Exercise 1: Assume the demand for teachers (Ld) in a school is given by the following equation: W = 1700 - 2L D and the supply of teachers (L S ) depends on whether the school is a public school or private sch ...
A car rental agency currently has 50 cars available, 14 of which has a GPS navigation system. One of the 50 cars were selected at random. To find the probability that a car selected randomly has a GPS navigation system a ...
Some Statistics students were interested in finding out in there was a relationship between the number of hours of study for a chapter and the score on that test. On the basis of the number of hours their classmates stud ...
How does the "percent below poverty level" compare to the national rate? What factors are causing your county poverty rate to differ from (or equal) the national poverty rate?
Disequilibrium Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand. If a shortage exists in the pizza market, then the current price must be____ ...
If all countries eliminated all barriers to immigration, would global economic growth increase? Why or why not?
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