A Research Team Is Interested in Whether Warfarin a Medication

question 20

Multiple Choice

A research team is interested in whether warfarin a medication to prevent clotting) reduces the risk of stroke. They ask warfarin's manufacturer for the number of annual warfarin prescriptions in the US from 1990-2000 and use data from death certificates to assess the numbers of deaths due to stroke in the US during the same time period. The resulting graph showed that the number of annual warfarin prescriptions increased in the US from 1990-2000 while stroke mortality in the US declined from 1990-2000. What type of study is this?

• A) Ecological study
• B) Cross-sectional study
• C) Case-control study
• D) Randomized trial

Discuss the economic efficiency of corrective taxes versus pollution regulation.

Understand the mechanisms and effects of tradable pollution permits in pollution management.

Evaluate the fiscal implications of corrective taxes and pollution permits for government revenue.

Apply the Coase theorem to real-world externality problems and private solutions.

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Definitions:

Gold Reserves

The quantity of gold held by a national central bank or government intended to serve as a store of value and as a guarantee to redeem promises to pay depositors, note holders, or trading peers.

International Monetary Fund

An international organization that aims to foster global monetary cooperation, secure financial stability, and facilitate international trade.

Special Reserves

Funds or assets set aside for specific, often unforeseen, needs or requirements.

Floating Exchange Rates

A currency valuation system that allows the value of a currency to fluctuate according to the foreign exchange market.