Economics: Principles and Policy (MindTap Course List)
13th Edition
ISBN: 9781305280595
Author: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
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Question
Chapter 4, Problem 7TY
(a)
To determine
Construct a supply schedule.
(b)
To determine
Graph new supply curve.
(c)
To determine
Explain how the imposition of tax reduces the consumption of beef.
(d)
To determine
Explain whether the increase in price is greater than, equal to, or less than tax.
(e)
To determine
Explain who pays the tax, whether the consumer or producer.
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One short paper is optional and you can earn up to 5 additional percentage points towards your final course
grade as extra credit. Find a recent article (published in 2024) from a newspaper, magazine or academic journal
(either print or online) about economics, business or social science which makes use of some of the statistical
concepts you have learned in this course. Then write a short analysis explaining how what you learned in this
course applies to what is discussed in the article. Good sources for articles would be The Wall Street Journal,
Business Week or The Economist, but you can also find applicable articles in the San Francisco Chronicle, the New
York Times, or other general newspapers or news magazines.
Please help me don't use AI help by yourself
Write a summary of the article "Are Emily and Greg more employable than Lakisha and
Jamal? A field experiment on labor market discrimination" by Bertrand and Mullainathan
(2004). 1200 words aproximately.
In the first part of your summary, address the following questions based on the article:
1. What is the research question, and why is it important?
2. What are the main contributions of this study to the literature?
3. What empirical method is used to address the research question? What are the key
assumptions for the method?
4. What data are used in the empirical analysis?
5. What are the main findings and conclusions of the paper?
In addition to answering these questions, add your own comments, thoughts, or criticisms.
For example, you can consider whether you are convinced by the methodology or results
and explain why. You can discuss the main advantages of the paper, as well as its main
drawbacks or limitations. You may also suggest potential areas for future research that
could…
Chapter 4 Solutions
Economics: Principles and Policy (MindTap Course List)
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