Question

In: Economics

can you paraphrase this please!! thank you! "The students have fixed number of hours in a...

can you paraphrase this please!! thank you!

"The students have fixed number of hours in a week to choose between studying and working, it is completely incorrect in saying that whether it is the study that causes work or work causes study. It is generally assumed that students always choose total hours as a mix of studying and working depending on their rational behavior. This would help them maximizing their utility subject to the constraint of limited fixed hours in a week. However, one can later apply the statistical method to measure the relationship between weekly hours spent studying and weekly hours spent working. But yes, one would not be claiming that one variable “causes” the other. It is the matter of interest of each student"

Solutions

Expert Solution

Each student have to make a choice regarding how much to study and how much to work. This is because the number of hours available to a student in a week are fixed.

However, one cannot state with certainty which one cause which that is it is the study that leads to work or it is the work that leads to study.

One fact that is accepted by all is that each student tries to maximize his or her utilitywith respect to division of fixed number of hours at his disposal towards study and work.

Each student creates a mix of study and work based on his or her own rational behavior.

In statistical terms, relationship between hours spent on studying and hours spent on working in a week can be measured. However, such measure cannot provide evidence to suggest whether study leads to work or work leads to study and no effort should be made to make such claim.

It is the each student's personal preference with respect to allocation of time between work and study or to say that work causes this student to study or study causes this student to work.


Related Solutions

Can you paraphrase the following rationale for me, thank you! Urinary System 1. Blood in the...
Can you paraphrase the following rationale for me, thank you! Urinary System 1. Blood in the renal arcuate arteries flows next into which vessels? a. Afferent arterioles b. Efferent arterioles c. Glomerular capillaries d. Interlobar arteries e. Interlobular arteries Rationale: The blood that goes to kidneys passes thru the INTERLOBAR ARTERIES first before flowing in the renal arcuate arteries. Then it goes to INTERLOBULAR ARTERIES passing thru AFFERENT ARTERIOLES then GLOMERULAR CAPPILLARIES before reaching EFFERENT ARTERIOLES. 2. Which cell type...
Can you paraphrase the following rationale, thank you! 1. Which function is carried out by all...
Can you paraphrase the following rationale, thank you! 1. Which function is carried out by all lymphoid tissues and organs? a. Filtration of lymph b. Filtration of blood c. Extramedullary hemopoiesis d. Production of lymphocytes e. Destruction of old erythrocytes Rationalization: Filtration of blood, extramedullary hemopoiesis, destruction of old erythrocytes occurs in spleen, but filtration of lymph occurs in lymph nodes. All of the lymphoid tissues and organs function in the production of lymphocytes 2. Which structure is partly encapsulated...
Solve in excel please, thank you It gives the data on the lifetime in hours of...
Solve in excel please, thank you It gives the data on the lifetime in hours of a sample of 100 lightbulbs. The company manufacturing these bulbs wants to know whether it can claim that its lightbulbs typically last more than 1000 burning hours. So it did a study. a. Identify the null and the alternate hypotheses for this study. b. Can this lightbulb manufacturer claim at a significance level of 5% that its lightbulbs typically last more than 1000 hours?...
Please paraphrase this writing and fix them as possible as you can. thanks! According to the...
Please paraphrase this writing and fix them as possible as you can. thanks! According to the article, the modernization of monetary is the best plan in China is the monetary policy. Because China monetary policy is relying on the inflow of foreign cash to generate new money, and it also focuses on the quantity of money. Yes, they focus on the amount of money instead of the price of money. This action showed that China relies on the inflow of...
Please paraphrase this writing and fix them as possible as you can. thanks! The type of...
Please paraphrase this writing and fix them as possible as you can. thanks! The type of monetary policy is China pursuing expansionary policy. The expansionary monetary policy is when a central bank uses its tools to stimulate the economy. That increases the money supply, lowers interest rates rate and increases investment which, in turn, increases aggregate demand and real GDP. When the interest rate decreases, the investment spending increase, these two factors will shift the aggregate demand curve rightward (...
READING RESPONSE (summarize and paraphrase please) Can you please provide a one paragraph summary and one...
READING RESPONSE (summarize and paraphrase please) Can you please provide a one paragraph summary and one paragraph on if you agree or disagree with this article. Tax low to get high: governments should keep weed taxes down With the introduction of draft legislation to legalize marijuana by July 2018, the Liberal government is moving forward on its election promise. But as lawmakers polish the legislation to promote the best policy outcomes, they face a key challenge — they must ensure...
READING RESPONSE (summarize and paraphrase please) Can you please provide a one paragraph summary and one...
READING RESPONSE (summarize and paraphrase please) Can you please provide a one paragraph summary and one paragraph on if you agree or disagree with this article.   Tax low to get high: governments should keep weed taxes down With the introduction of draft legislation to legalize marijuana by July 2018, the Liberal government is moving forward on its election promise. But as lawmakers polish the legislation to promote the best policy outcomes, they face a key challenge — they must ensure...
Can you please paraphrase the whole answers with the same thought written in the answer, because...
Can you please paraphrase the whole answers with the same thought written in the answer, because that is answered by me and my friend, we have to have different answers. Trematodes case study A stool specimen was received in the laboratory, It was collected from a 35-year old man from Xinjiang, China as a part of refugee health screening program. The stool was preserved using 10% formalin and Formalin-Ethyl Acetate concentration was done. A wet mount smear was prepared from...
Can you please paraphrase the whole answers with the same thought written in the answer, because...
Can you please paraphrase the whole answers with the same thought written in the answer, because that is answered by me and my friend, we have to have different answers. Nematodes case study Questions to answer: What would most likely be the disease and causative agent? Enumerate the common name/s. The patient is probably having a Entorobiasis or what we call the Pinworm infection. This disease is caused by the parasite Enterobius vermicularis. The common names of this parasite are...
Can you please paraphrase the whole answers with the same thought written in the answer, because...
Can you please paraphrase the whole answers with the same thought written in the answer, because that is answered by me and my friend, we have to have different answers. Schistosomes case study A Sixty-eight year old male from sudan had a stool examination as part of a refugee screening. His blood work-up also revealed increased level of eosinophils. A formalin-ethyl acetate concentration was performed on the stool specimen. the pictures below are was found on a wet mount preparation....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT