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The experience of unrequited love (i.e. loving someone who does not love you back) at some point in life is virtually universal. It is believed that only 5% of adults have never experienced unrequited love. Some social psychologists hypothesize the percentage is even lower, so a study was conducted to look into the claim of these psychologists.
A simple random sample of 175 adults found that only about 3% had never loved someone who didn't love them back, or found themselves the object of romantic passion that they did not want to return. What is the width of the 90% approximate confidence interval for based on these data?
A. 0.021
B. 0.027
C. 0.042
D. 0.054
Classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations.
The citizen's group doesn't agree to it. It takes a sample of 301 individuals and finds that 24.6% in the sample are below the poverty line.
Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.
In the case of a deadweight loss, marginal cost exceeds marginal revenue. Deadweight loss would be eliminated if price and marginal cost are equal.
Jet Blue Corporation continuously offers fare discounts to attract customers awareness about the company, increase market share and increase revenues on the routes in the USA market.
The reason the aggregate demand curve slopes downward is that when the price level is higher, people cannot afford to buy as many goods and services.
Assume , at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should.
First National Bank receives a deposit of $5,400. If there is no slippage, explain how much could the money supply expand.
Governments often need to raise revenues to fund public projects like schools, road maintenance, parks, etc. One way governments raise revenue is to place taxes on the sale of certain goods. Suppose a government is debating whether to raise taxes on ..
It seems that it will be the government shifts. The next government with the Social Democrats in the lead wants to operate expansive fiscal policy. A journalist asks to social demokreterna this: you were commissioned to analyze the situation and prov..
Domino Sugar Company is considering buying Fisher Honey Company for $100 million. Based on information obtained from 500 supermarkets around the country, when the price of 1 lb. of Domino Sugar went on sale from $2.00 to $1.50, the average number of ..
a tariff placed on imported foreign vehicles will have what effect? which of the following statements is an example of a practical constraint on trade?
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