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Solutions in Mathematical Economics

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Economics › Mathematical Economics › Solution Id 10949

Analyzing the Slutsky-equation, Weak Axiom of Revealed Preferences and Consumer behavior.

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At initial prices p0i, i - 1,... ,n Bert chooses to consume quantities qoi. i = l,...,n. Prices change to p0i, i = l,...,n, Bert is Slutsky-compensate... Read More
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Economics › Mathematical Economics › Solution Id 3368

Multiple Choice Questions on regression analysis.

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1. For the equation Y = a + bX, the objective of regression analysis is to estimate the variables Y and X. a. True b. False 2. In a simple linear regr... Read More
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Economics › Macroeconomics › Solution Id 14653

Discussion on the causes of the stagflation of 197...

1.(Stagflation) what were some of the causes of the stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from the g... Read More

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Economics › Microeconomics › Solution Id 14652

Calculation of market clearing price and quantity.

Suppose a highly competitive market is described by the following supply and demand functions S= 3P=90 and  D=7910 -5P .suppose also that a repre... Read More

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Economics › Macroeconomics › Solution Id 14651

Explaining the relation between macroeconomic vari...

Describe the relationship between each of the following variables based on the experience of the U.S. economy over the past 30 years. (a)   ... Read More

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Economics › Macroeconomics › Solution Id 14650

Discussion on recent recession.

a) Explain what is measured by Real GDP. (b) When a recession is over, do people begin to immediately feel the effects of an efficient economy? Use th... Read More

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Economics › Econometrics › Solution Id 14649

Calculation of variance and standard deviation of ...

A company is considering between two projects: project 1 and project 2. The estimated cash flows and their probabilities of the two projects are given... Read More

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Economics › Microeconomics › Solution Id 14648

Calculation of optimal output.

Two monopolistically competitive firms face the same demand and total revenue functions but face different total cost functions. These demand, total r... Read More

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