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Econ Reflection Paper (400-500 words) Bostrom Ch.13, 14, 15 http://lesswrong.com/lw/llp/superintelligence_24_morality_models_and_do_what/...
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Suppose the Federal Reserve announced that it would pursue contractionary monetary policy to reduce the inflation rate.
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Question 18 igure 3-7 airyland's Production Possibilities Frontier 10 Toups 10 Icups 9 8 7 6 m 2 1 2 3 4 5 6 7 8 dow's 1 2 3 4 5 6 7 efer to Figure...
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Which of the following could explain the change in the budget line from B to A?
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Exchange rates are 0. dollars per Canadian dollar, 150 yen per Canadian dollar, 0.8 euro per Canadian dollar, and 20 pesos per Canadian dollar. A...
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MBA 6400 Case Study #2 Short-term investment returns:
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Consider that market competition among oligopolistic firms in which two firms produce a homogeneous product and provide it to the market.
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Suppose that labor is paid a competitive hourly wage of $20, and suppose also that the competitive price of machines is $2 per machine and for cloth...
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The 130 campers at Bear Creek Campground love their own campfires but hate the smoke from their neighbors' campfires.
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b) At PX =80 , PY = 1300 AND I = 30 , the demand for good X is given by: QX =600 - 6*80 + 20*30 + 0.4*1300 QX = 1240 The point price elasticity of...
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What are the characteristics of an oligopoly?
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Suppose there is a cyberattack on big banks in the United States leading to decline in confidence in the banking system. What will happen in the...
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Poisson Distribution A statistics instructor has observed that the number of typographical errors in new edition of textbooks varies considerable...
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According to the Keynesian-cross analysis, if the marginal propensity to consume is 0.6, and government expenditures and autonomous taxes are both...
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The price of eating away from home (eating out) rises so demand for away-from-home meals falls. In the most fundamental economic sense, is this statement accurate? Explain.Second, what are some of the
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A country imports high tech products and exports agricultural products.
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Short-run supply and long-run equilibrium Aa Aa EL Consider a perfectly competitive market for steel. Assume that all rms in the industry are...
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Many of the findings of the adverse effects of bisphenol-A (BPA) have only been observed in rodent studies and not in human epidemiologic studies.
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Would each of the following groups be happy or unhappy if the U.S. dollar appreciated?
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The first element of a financial crisis is a)inflation. b) a decline in confidence in financial institutions. c) a relaxation of rules and...
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In the supply and demand model, a negative externality results in: A)The supply curve shifting to the right. B)The supply curve shifting to the left....
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Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs...
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https://www.navytimes.
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The chart below gives the data necessary to make a Keynesian cross diagram . Assume that the tax rate is 0. 3 of national income , the MPC out of
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Which of the following elasticities is not implicitly referred to in the news clip?
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PC Connection and CDW are two online retailers that compete in an Internet market for digital cameras.
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Jones is the manager of an upscale clothing store in a shopping mall that contains only two such stores.
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economy,lower prices or better paying jobs?If imposing a tariff on imports would create better paying jobs but raise prices,would you support it?Why?...
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Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. Farmers use the loan in cultivation.
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A can of Pop costs $0.75 and 12 pesos in Mexico. What would the peso-dollar exchange rate be if purchasing-power parity holds?
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Hello, I am stuck on this question. You are operating a firm in a perfectly competitive market. In the short run, you have fixed costs of $30.
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(This question refers to the MRU video 'Entry, Exit, and Supply Curves: Constant Costs'.) If demand increases in a constant-cost industry, then in...
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(This question refers to the MRU video 'Introduction to the Competitive Firm'.) The demand for oil from a particular oil well is: Select...
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(This question refers to the MRU video 'Introduction to the Competitive Firm'.) Which of the following is NOT one of the characteristics of a
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The economy in this question is a small open economy with a fixed exchange rate.
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"The Wedding Fight" Background Kyle and Kelly have been dating for three years.They've recently become engaged and are planning their upcoming...
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"As the credit crisis unfolded over the past year, one of the few certainties in the global economy seemed to be China's ability to plough on...
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Consider the market for feed corn, like no. 2 yellow corn. Keep in mind that this commodity can not only be feed to animals but also used to produce...
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The figure above shows the market for education. Education has an external benefit. a)If the market is competitive and left unregulated, how many
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Solve for the optimal budgetary choice of agent 1 in the exchange economy with u1(xa , xb)=xa 0.5 xb 0.5 and the price p referring to the price of...
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MSC a .
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Crystal and Kevin are partners at a management consulting firm.
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Suppose, as manager of Keynesian Brews , you wanted to increase your production of beer. How would you accomplish this in the short run and what
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An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide...
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John and Jane each have a budget of one hundred dollars to spend on apples and bananas at the local farmers market. Apples and bananas cost one...
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Given that: Home: L=20, aLC= 2, aLW= 1 Foreign: L*=20, a*LC= 2, a*LW=2 a)Prove that 2 countries benefit from trade b)Graphically illustrate the...
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The Uruguay Round of the GATT began a process of phasing out the use of voluntary export restraints. Why did they come into widespread use in the
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You have seen supply and demand in action and have practiced predicting how the market for smartphones will change in reaction to different...
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)Rounding approximates actual answers.)True B.)False 2.)Cancellation is a technique to reduce fractions to lowest terms.)True B.)False 3.
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If wages change from $10 per hour to $11 per hour, while Labor hired changes from 100 people to 80 people, and output changes from 1000 widgets to...
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