1 quarter-mile times
Coefficient of variatio
Based on the coefficient of variation of quarter time is bigger than mile times.
Problem Set #4
1) What factors raise the productivity of labor?
Factors that raise the productivity of labor include better technological advancement. This allows labor
quantity to increase, thus moving along the curve of the labor graph.
2) List and expl
Week 4 Assignment
2. The Deepwater Horizon oil spill in the Gulf of Mexico which began from an explosion
on April 20, 2010 resulted in a ban on shrimp fishing that measures about 10% of the
Gulf. Using the graph below assume that the original
Short Essay #7
The assigned reading discusses the implications of high debt on the impact of declines in
economic growth. Stated by the author, Cecchetti, When public debt is in a range of
85% of GDP, further increases in debt may begin to have a
ECON 51_PROF. KESKINEL
Problem Set # 5
Due on Thursday, November 1 10 points
1. Explain why it makes a difference if consumers consider a tax cut temporary rather than
permanent. What does this explanation tell us about the importance of government credib