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A chemical company is interviewing two people to become its risk manager. One has a background of management positions chemical refineries. The other has a background providing risk management consulting services to department stores. Which person would you choose if everything else was equal?
In 1907, the first U.S. Open Golf Championship was held. The winner’s prize money was $270. In 2012, the winner’s check was $1,470,000. Requirement 1: What was the annual percentage increase in the winner’s check over this period?
Arguments in favor of having developing countries focus on exporting manufactured goods include
You have been hired by a consulting firm that advises a country on monetary and fiscal policy matters. Your assignment is to develop monetary policy options for the country. The country explicitly states that its long-run inflation target is 2%.
a. How many copies of the software should I attempt to sell? At what price should I sell it? How much profit would I make?
a. What is the average male-female wage differential in the labor market?
How many students should she sample in order to be 95% confident that her estimate of freshman emotional maturity will be within 6 units of the true mean?
Bank A offers to pay you 6% interest on savings deposits, while bank B will pay 1.5% per 3-month period (quarterly). You want to make a deposit of $1340 to put into a savings account. Assuming you want to leave all money in the account for 3 years, h..
A county with 1M (M for million) population, 2% unemployment, and no in ation, voted to build a stadium and rent it to a professional baseball team. The team owner, who was not a county resident, was to pay $1M per year rent for use of the stadium an..
Define strategic planning. How is strategic planning different for international marketing than domestic marketing?
Find the long run equilibrium price and quantity. How many firms would operate on the market in the long run?
If certain jurisdictions ban the use of skateboards on city streets and parks, how would the demand curve and/or the supply curve for skateboards be affected? What would be the impact on the equilibrium price and quantity of skateboards? It is argued..
What effect will this have on supply and demand of loanable funds? How will this affect the real interest rate and the quantity of investment?
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