Economics
58545 questions • Page 288 / 1171
A recent study by the World Bank wished to determine whether there was a relatio
A recent study by the World Bank wished to determine whether there was a relationship between the abundance of natural resources in a country and its long term rate of economic gr…
A recent study focused on the number of times men and women who live alone buy t
A recent study focused on the number of times men and women who live alone buy take-out dinner in a month. Assume that the distributions follow the normal probability distribution…
A recent study found that the demand-and-supply schedules for Frisbees are as fo
A recent study found that the demand-and-supply schedules for Frisbees are as follows: 3. Price per Frisbee Quantity Demanded Quantity Supplied $11 10 1 milion Frisbees 15 million…
A recent study investigated one major area of market- ing decisions: pricing pra
A recent study investigated one major area of market- ing decisions: pricing practices.8 Specifically, the study addressed consumer knowledge and attitudes about the practice of o…
A recent survey reported in BusinessWeek dealt with the salaries of CEOs at larg
A recent survey reported in BusinessWeek dealt with the salaries of CEOs at large corporations and whether company shareholders made money or lost money. The CEO made more than $1…
A recent survey showed the health benefits of cranberry juice for treating heart
A recent survey showed the health benefits of cranberry juice for treating heart and other respiratory disorders. The exhibit below shows that the initial demand curve for cranber…
A recent trend in the restaurant industry is to use locally produced foods. Cons
A recent trend in the restaurant industry is to use locally produced foods. Consequently, you are interested in the estimating the demand and supply for locally produced burritos …
A recession is a period during which Question options: Fixed exchange rates are
A recession is a period during which Question options: Fixed exchange rates are fixed by Question options: In the long run, the chief determinant of exchange rate changes is a cha…
A refinery manufactures two grades of fuel, F1 and F2, by blending four types ga
A refinery manufactures two grades of fuel, F1 and F2, by blending four types gasoline, A, B, C, D. Fuel F1 uses gasolines A, B, C, and Din the ratio 1:1:2:4, uel F2 uses the rati…
A region\'s population of consists of two million living entirely within two cit
A region's population of consists of two million living entirely within two cities. Initially, migration between the two cities is prohibited. The relationships between population…
A regression analysis was performed to determine which, if any, of protein (gram
A regression analysis was performed to determine which, if any, of protein (grams), total fat (grams), fiber (grams), carbohydrates (grams), and sugars (grams) are associated with…
A regression model relating y, the annual sales (in thousands of dollars) at a b
A regression model relating y, the annual sales (in thousands of dollars) at a branch office to x, number of salespersons at the office, provided the following regression summary …
A regression model that involves a single independent variable is called _______
A regression model that involves a single independent variable is called ________. A) unit regression B) single regression C) individual regression D) simple regression Regr…
A regression model to predict Y , the state-by-state 2005 burglary crime rate pe
A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used the following four state predictors: X1 = median age in 2005, X2 = number of …
A regression model to predict Y, the state-by-state 2005 burglary crime rate per
A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used the following four state predictors: X1 median age in 2005, X2 number of 2005…
A regression of average weekly earnings (AWE, measured in dollars) on age (measu
A regression of average weekly earnings (AWE, measured in dollars) on age (measured in years) using a random sample of college-educated full-time workers aged 25-65 yields the fol…
A relatively new aspect to the marketplaces of a number of cities worldwide is s
A relatively new aspect to the marketplaces of a number of cities worldwide is something called the sharing economy, in which people rent assets such as cars and rooms directly fr…
A relocation of a stretch of rural highway is to be made. Alternate new route lo
A relocation of a stretch of rural highway is to be made. Alternate new route locations are designated as M and N. The initial investment by government highways agencies will be $…
A remotely located air sampling station can be powered by solar cells or by runn
A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $19,500 to ins…
A remotely located air sampling station can be powered by solar cells or by runn
A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $9,500 to inst…
A remotely located air sampling station can be powered by solar cells or by runn
A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $7,500 to inst…
A remotely located air sampling station can be powered by solar cells or by runn
A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost $…
A reponse to this comment ..... Just need a reposnse On a non-economic stand poi
A reponse to this comment ..... Just need a reposnse On a non-economic stand point, I think ticket scalping is completely fine. Everyone has the same opportunity to purchase the t…
A requirement to have an annually balanced federal budget would mean: A.That act
A requirement to have an annually balanced federal budget would mean: A.That actual GDP would equal potential GDP every year. B. That there would be no more recessionary gaps or i…
A research study related to health and health costs, surveyed 30 families. It fo
A research study related to health and health costs, surveyed 30 families. It found that the annual health insurance premiums for a family with coverage through an employer averag…
A research study related to health and health costs, surveyed 30 families. It fo
A research study related to health and health costs, surveyed 30 families. It found that the annual health insurance premiums for a family with coverage through an employer averag…
A research was conducted at WPU to find the average amount of time students spen
A research was conducted at WPU to find the average amount of time students spend studying per week. Based on a simple random sample, they surveyed 144 students. The research show…
A researcher analyzing labor supply of single (never-married) persons in the U.S
A researcher analyzing labor supply of single (never-married) persons in the U.S. has obtained the following regression results H=921.71+0.17W-0.02V+other variables+e (64.21) (0.6…
A researcher collects a sample of 20 observations of two variables x and y and c
A researcher collects a sample of 20 observations of two variables x and y and calculates the following x Ì„ = 36.1 y Ì„ = 100.35 Σ (xi − x Ì„)^2 = 4223.8 Cov (x, y) = 565.121 …
A researcher estimated that the price elasticity of demand for automobiles in th
A researcher estimated that the price elasticity of demand for automobiles in the United States is -1.2, while the income elasticity of demand is 3.0. Next year, US automakers int…
A researcher has determined that a two-factor model is appropriate to determine
A researcher has determined that a two-factor model is appropriate to determine the return on a stock. The factors are the percentage change in GNP and an interest rate. GNP is ex…
A researcher has determined that a two-factor model is appropriate to determine
A researcher has determined that a two-factor model is appropriate to determine the return on a stock. The factors are the percentage change in GNP and an interest rate. GNP is ex…
A researcher has estimated that the price elasticity of demand for cars in the U
A researcher has estimated that the price elasticity of demand for cars in the United States is -1.2 and the income elasticity of demand for cars is 3.0. Next year U.S. car makers…
A researcher interviews 50 employees of a large manufacturer and collects data o
A researcher interviews 50 employees of a large manufacturer and collects data on each worker's hourly wage (Wage), years of higher education (EDUC), experience (EXPER), and age (…
A researcher is interested in the size of the current balance of credit card hol
A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit …
A researcher looking for evidence of extrasensory perception (ESP) tests 1000 su
A researcher looking for evidence of extrasensory perception (ESP) tests 1000 subjects. Nine of these subjects do significantly better (P < 0.01) than random guessing. Step 1: …
A researcher plans to study the causal effect of police on crime using data rom
A researcher plans to study the causal effect of police on crime using data rom a random sample of US counties. He plans to regress the country's crime rate on the (per Capita) si…
A researcher studying the effect of price cuts on consumers\' expectations makes
A researcher studying the effect of price cuts on consumers' expectations makes up two different histories of the store price of a hypothetical brand of laundry detergent for the …
A researcher wanted to investigate the electricity consumption at household leve
A researcher wanted to investigate the electricity consumption at household level. Based on a (hypothetical) data set of 81 households, she obtained a lin-log regression model as …
A researcher was interested in the claim that the price of gold was out-performi
A researcher was interested in the claim that the price of gold was out-performing the market. Therefore, the researcher collected data on the annual price of gold (in $ per ounce…
A researcher wished to compare the average daily hotel room rates between San Fr
A researcher wished to compare the average daily hotel room rates between San Francisco and Los Angeles. The researcher obtained an SRS of 27 hotels in downtown San Francisco and …
A researcher wished to test the effect of the addition of extra calcium to yogur
A researcher wished to test the effect of the addition of extra calcium to yogurt on the "tastiness" of yogurt. A collection of 200 adult volunteers was randomly divided into two …
A researeher is interested in estimating the effect of civil war on economic gro
A researeher is interested in estimating the effect of civil war on economic growth. She plans to use a sample of 100 countries to estimate the following structural model: growth …
A residence and associated land are for sale for $155K. $45K is estimated to be
A residence and associated land are for sale for $155K. $45K is estimated to be the land’s value and $110K is the residence’s value. If bought, the residence can be rented to prov…
A restaurant has three types of customers. A third of its customers, Type A, are
A restaurant has three types of customers. A third of its customers, Type A, are willing to spend $5 on an appetizer but only $2 on a desert. Another third, Type B, are willing to…
A restaurant owner has hired a manager to run the daily operations of her restau
A restaurant owner has hired a manager to run the daily operations of her restaurant. Restaurant profits depend on both the manager’s unobservable effort level and random fluctuat…
A restaurant/bar is analyzing its pricing of beer. It has determined that the pr
A restaurant/bar is analyzing its pricing of beer. It has determined that the price elasticity of demand for beer is ?0.8; the cross-price elasticity for wine with respect to the …
A restaurant/bar is analyzing its pricing of beer. It has determined that the pr
A restaurant/bar is analyzing its pricing of beer. It has determined that the price elasticity of demand for beer is ?0.8; the cross-price elasticity for wine with respect to the …
A restaurant/bar is analyzing its pricing of beer. It has determined that the pr
A restaurant/bar is analyzing its pricing of beer. It has determined that the price elasticity of demand for beer is ?0.8; the cross-price elasticity for wine with respect to the …
A restaurant/bar is analyzing its pricing of beer. It has determined that the pr
A restaurant/bar is analyzing its pricing of beer. It has determined that the price elasticity of demand for beer is ?0.8; the cross-price elasticity for wine with respect to the …
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