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In a recent survey of 600 adults, 16.4 percent indicated that they had fallen asleep in front of the television in the past months. Which of the following intervals represents a 96 percent confidence interval for the population proportion?
Discuss the following proposition: “An increase in the saving rate will increase the equilibrium capital-output ratio and so increase both output per worker and the rate of economic growth in both the short run and the long run.”
Suppose a typical consumer's inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by P = 15 - 3Q. The marginal cost for gathering and bottling the water is $3 per gallon. Find the op..
Suppose each government has a target level of output of 125 and that each government increases government spending by the same amount.
An individual is borrowing 100000 at 8% interest compounded annually the loan is to be paid in equal annual payments over 30 years. if the lender is still charging 8% per year, compounded annually, on the unpaid balance of the loan what is the balanc..
Assume that lawyers need offices and they need janitors to maintain their offices, and the number of lawyers increases when the cost of operating law firms.
What will be the CS, PS, tax revenues and deadweight loss? Suppose the government increases the tax to $4 per unit. What will be the new CS, PS, tax revenues and deadweight loss?
Which of the theories of comparative advantage could explain why the United States exports computers to Japan at the same time that in imports computer from Japan? Explain?
Use the midpoint method to Compute your cost elasticity of demand as the cost of DVD's
Assume that you have a box with an equal number of $4, $6, $8 chips. Find the population mean and the standard deviation. Taking samples of size n = 2, find the mean of the sample means and the standard deviation of the sample means. Explain the rela..
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
Using the quantity equation (the equation of exchange), briefly explain the quantity theory of money. Specifically, how the quantity theory of money explains
Capital mobility is fairly low, so the Fe curve is less shallowly sloped than the LM curve. The currency floats. What will happen if the country pursues than the LM curve. The currency floats. What will happen if the country pursues an expansionary f..
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