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External link to Question 1. The country of Uncoordinated requires 5 units of labor to produce one unit of corn and 10 units of labor to produce one unit of housing.
Economics Writing Help

Question 1. The country of Uncoordinated requires 5 units of labor to produce one unit of corn and 10 units of labor to produce one unit of housing.

Question 1. The country of Uncoordinated requires 5 units of labor to produce one unit of corn and 10 units of labor to produce one unit of housing. Uncoordinated has 100 total units of labor available. Uncoordinated has Leontief preferences (right-angle indifference curves) with the bend at equal shares of housing and corn. The country of Gifted requires 1 unit of labor to produce one […]

External link to Suppose the Bureau of Labor Statistics uses Ballpark Franks as the hot dogs used when calculating the consumer price index. During 2015, Oscar Mayer…
Economics Writing Help

Suppose the Bureau of Labor Statistics uses Ballpark Franks as the hot dogs used when calculating the consumer price index. During 2015, Oscar Mayer…

Suppose the Bureau of Labor Statistics uses Ballpark Franks as the hot dogs used when calculating the consumer price index. During 2015, Oscar Mayer aggressively reduces prices. Consumers respond by purchasing more Oscar Mayer and less Ballpark Franks. The 2010 CPI is likely to overstate the average prices paid by businesses. understate the average prices paid by consumers. overstate the average prices paid by consumers. […]

External link to State whether the following will increase, decrease, or does not change the demand for a good: the price of the product falls b. the supply of the…
Economics Writing Help

State whether the following will increase, decrease, or does not change the demand for a good: the price of the product falls b. the supply of the…

State whether the following will increase, decrease, or does not change the demand for a good: a. the price of the product falls b. the supply of the product increases c. buyers purchase more of the product at each price that might exist d. the product becomes particularly scarce for some reason

External link to Develop an econometric model to forecast unemployment. The data file USMacro_Quarterly contains data on the unemployment rate from the Federal…
Economics Writing Help

Develop an econometric model to forecast unemployment. The data file USMacro_Quarterly contains data on the unemployment rate from the Federal…

Develop an econometric model to forecast unemployment. The data file USMacro_Quarterly contains data on the unemployment rate from the Federal Reserve Bank of St. Louis. A more detailed description is given in USMacro_Quarterly description. Plot a graph of unrate. Based on the plot, can you spot business cycles in the data? Plot a graph of Dunrate (the first difference in unrate). Based on the plot, […]

External link to The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.
Economics Writing Help

The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.

The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with China compared with the size of the US merchandise trade deficit with China? Why does a portion of Chinese residents’expenditures on goods and services exported from the United States to China likely add to the […]

External link to Over past 150 years, the Canada-US Free Agreement (FTA 1989, including its extension to the North American Free Trade Agreement, NAFTA, 1994)) has…
Economics Writing Help

Over past 150 years, the Canada-US Free Agreement (FTA 1989, including its extension to the North American Free Trade Agreement, NAFTA, 1994)) has…

Over past 150 years, the Canada-US Free Agreement (FTA 1989, including its extension to the North American Free Trade Agreement, NAFTA, 1994)) has shape the Canada’s economy. 1. What is the significance to choose this trade policy? Why are the political leaders interested in implementing this trade policy? 2. Discuss the counterarguments made against this trade policy (if possible) 3. How would this policy affect […]

External link to 2 . Suppose I give you the following long run production function Q = 1 1 /3 1 2 / 3 The input prices for labour and capital are 20 = $10 / hour =
Economics Writing Help

2 . Suppose I give you the following long run production function Q = 1 1 /3 1 2 / 3 The input prices for labour and capital are 20 = $10 / hour =

Suppose I give you the following long run production function. 2 . Suppose I give you the following long run production functionQ = 1 1 /3 1 2 / 3The input prices for labour and capital are20 = $10 / hour= $20 / houra ) Find the optimal input bundle of capital and labourif I ask you to produce10 units of output . I am […]

External link to What is “adverse selection” in health insurance? What is “moral hazard”? How do adverse selection and moral hazard affect health insurers’ policies?
Economics Writing Help

What is “adverse selection” in health insurance? What is “moral hazard”? How do adverse selection and moral hazard affect health insurers’ policies?

What is “adverse selection” in health insurance? What is “moral hazard”? How do adverse selection and moral hazard affect health insurers’ policies? How will our profit minded health insurer respond to the danger of moral hazard and adverse selection? What will happen to an insurer who does not take account of moral hazard and adverse selection? How do these insurer policies complicate the efforts by […]

External link to Figure 3-5 Personal Computer Industry Market Shares Assume the following correctly shows the market shares of the five firms in the market: Firm
Economics Writing Help

Figure 3-5 Personal Computer Industry Market Shares Assume the following correctly shows the market shares of the five firms in the market: Firm

Figure 3-5 Personal Computer Industry Market Shares Assume the following correctly shows the market shares of the five firms in the market: FirmMarket Share——————————-Dell50%HP30%Gateway9%Toshiba6%Apple5% ——- 100% a. It will drop to 3,425. b. It will not change. c. It will increase to 10,000. d. It will increase to 4,550. e. None of the above. Figure 3-5 Personal Computer Industry Market Shares Assume the following correctly […]

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