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Suppose that 15% of the people in a large city have used a hospital emergency room in the past year. If a random sample of 145 people from the city is taken, approximate the probability that at least 22used an emergency room in the past year. Use the normal approzimation to the binomial with a correction for continuity.
Consider a French-owned cheese factory located in Paris, France. Are the goods made by the cheese factory part of the U.S. Gross Domestic Product
Suppose the wage is 100 per hour and that the consumer has 100 hours H to work with. Suppose that the MRS is given by c/l. What will the consumer’s choices of c and l be. Repeat with an upper bound of 10 hours. Repeat both parts with a ten percent fl..
In order to counteract income inequality, it's essential to tackle poverty in an integrated way that has long-term impact.
The only case for which the bond price does not react to a change in the market interest rate is when
Suppose that the Federal Government announced a tax rebate of $500 for all individuals filing singly and $1000 for all families filing jointly or as head of household in the upcoming tax year. Further, suppose that the Government budget included a br..
Draw an aggregate demand and supply diagram for Japan. In the diagram, show how each of the fol- lowing affects aggregate demand and supply. a. The U.S. gross domestic product falls. b. The level of prices in Korea falls. c. Labor receives a large wa..
The BlackBerry production function is Q = 2.83L1.52K0.82. Epple et al. (2010) estimate that the production function for U.S. housing is q = 1.38L0.144M0.856, where L is land and M is an aggregate of all other mobile, non-land factors, which we call m..
Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?
The yield curve shows at any point in time:
Suppose total tax revenue collected is proportional to output, e.g.
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
A. The total investment is ?$27,000 and the investor wants an annual return of ?$1,410 on the three investments.
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