If two Lorenz curves cross each other explain why some other
measure (besides Gini) might rank...
If two Lorenz curves cross each other explain why some other
measure (besides Gini) might rank inequality differently from Gini
ranking. Why does a crossing of the Lorenz curve cause this
ambiguity? (Hint: “ think outside the box”)
Why are the Southern cities in the US growing so fast? Besides,
what might be some other potential causes for the rapid development
of Southern States and Cities in the United States? Is this trend
going to continue in the following 10 years/20 years and Why? (2-3
paragraphs)
Identify some other substances (besides KCl) that might give a
positive test for chloride upon addition of AgNO3. do you think it
is reasonable to exclude these types of substances as contaminants
that would give a false positive when you tested your reaction
residue to verify that it is KCl?
What are some ways you might measure the concentration of an
unknown copper solution? (Other than using a voltmeter). Discuss
the advantages and/or disadvantages of using the concentration
cell.
Tell if each measure of association is statistically significant
and briefly explain why or why not.
- RR=1.69; p=0.52
- OR=0.95; (95% CI: 0.85-1.05)
-OR=2.10; p=.003
-RR= 2.56; (95% CI: 1.90-3.24)
List the properties of indifference curves and explain the
intuition behind each property (that is, why must the indifference
curve obey this property)?
Explain why accounting for investments in other companies on the
cost method might allow managers to manipulate income, or to hide
losses. What is meant by significant influence and control under
GAAP?
1. Explain two ways bacteria might interact in a community, and
why that interaction might happen that way.
2. Explain in detail one way that bacteria can share genetic
information with each other, but not through vertical
transmission.
main reasons for why the market might fail. Explain why state
intervention is needed in each of these cases of market failure.
Give examples of economic policy for correcting market failures.
Briefly discuss the pros and cons (advantages and potential
problems) of government intervention for attaining allocative
efficiency.
9. Explain why an organizational structure other than hierarchy
might make sense in the knowledge economy. Can you justify a
hierarchical organization?
11. How would you encourage innovation when whatever is invented
or created is expensive to invent or create and has a very low cost
of copying and distribution?
12. Why do economists tend to disagree with protectionist
measures that interfere with trade and also support patents and
copyrights?