For starters, we saw a surge in automobile sales and production in July, and preliminary indications are that August will be even stronger. Granted, there are real concerns that this was a temporary kick from the cash for clunkers program, meaning that September sales could fall sharply. But ...
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Kopits: If your marginal hour of time (out of all 24 hours) is worth ~$46 of after-tax money, or about ~$75/hr pre-tax, you should pay a driver so you can sleep in the car and cut your time in bed short. Instead of saving 11 minutes and making $8.5 bucks minus $1.70, you...
tend to overestimate the impact that something may have in our lives What makes us happy economic security is important, people with jobs tend to be happier bc jobs provide identity meaning, social connections and statushappiness drops with unemplyment rate even if not unemployed materialistic people...
Because of free entry and exit, firms earn 0 economic profit in the long run, meaning they only cover opportunity cost. The U.S. FTC unsuccessfully tried to block a merger between Whole Foods and Wild Oats because it was determined that these products existed in separate markets (ie, not ...
…a mean effect size of 0.248, p < .001[95%CI ∶ 0.181, 0.315], which was statistically significant. This finding indicates that the overall sample of studies found that handwritten note-taking had a positive effect on achievement, meaning that handwriting notes produced higher achievement than...
This means that a city 32 nation and a city 49 nation will grow at almost the exact same rate in the following year, with the gap between them only shrinking by 1 city over all of 2025. Meaning for the average player, the game currently doesn...
The prices were not set by sugar supply and demand but were determined by a well-meaning bureaucrat (who may even have been an economist) a thousand miles away. If all Russians had decided to go on an apple pie diet and started baking pies for breakfast, lunch and dinner, sugar demand ...
Additionally, the vast majority of people in most countries remain susceptible to this virus, meaning that letting the virus circulate unchecked could lead to unnecessary infections, suffering and death. Meanwhile, the world is only beginning to understand the long-term health impacts among people wit...
Budgets should be complete, meaning that all categories for living should be included. Budgets should be submitted on an EXCEL spreadsheet. The total amount of expenditures should not exceed the family’s income. Recall that health insurance is now mandatory in the US and if your family has a...