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Why are externalities referred to as "market failures?" Does the market system actually encourage this behavior? Identify two possible solutions to externalities.
Business Economics, Economics
How does a histogram help us know the probability of getting a certain value for a variable? In other words how does the histogram relate to probability?
a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. b) In the case tax is most important revenue proposals of the 201 ...
Event A occurs with probability 0.4. If events A and B are not disjoint, then a P ( B ) 0.6 b P ( B ) ≥ 0.6. c P ( B ) > 0.6. d P ( B ) Step 1: You are tossing a balanced die that has probability of coming up ...
What is the Central Limit Theorem? Why does it make the use of the common inferential tools possible even if the raw data is not distributed normally?
The demand for salt is relatively price inelastic, while the demand for pretzels is relatively price elastic. How can you best explain why and elaborate your answer.
According to a study conducted by the Department of Pediatrics at the University of California, San Francisco, children who are injured two or more times tend to sustain these injuries during a relatively limited time, u ...
State whether each of the following will increase, decrease, or have no effect on the population variance. (a) the sum of squares ( SS ) increases This change will increase the population variance. This change will decre ...
Is trade zero sum? Explain the ways in which it is and the ways in which it is not as well as an overall assessment explaining why or why not?
In a pre-election poll, a candidate for district attorney receives 379 of 750 votes. Assuming that the people polled represent a random sample of the voting population, test the claim that a majority of voters support th ...
Consider the following production function that is already written in per worker terms: y = Akαh 1-α where h represents human capital per worker. Suppose we are given the following information: capital per worker in an e ...
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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
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As