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The records show that 8% of the items produced by a machine do not meet the specifications. Use the normal approximation to the binomial distribution to answer the following questions. What is the probability that a sample of 100 units contains a. Five or more defective units? b. Ten or fewer defective units? c. Eleven or less defective units?
Illustrate what monetary policy tools should the Fed use to achieve the results you recommend.
Traffic manager of Monarch Electric Company has just received a rate reduction offer from a trucking company for shipment of fractional horse power motors to company's field warehouse. Should company implement new rate.
A county is considering using a piece of park land for one of two alternative recreation projects. Project S would require construction costs of $2 million (year 0) and generate net benefits of $1 million per year for 10 years.
will have to rise the money supply to keep the price level from falling.can keep the price level stable without altering the money supply or interest rate.
Can the researcher say with a 0.05 level of significance that the proportion of children not completing primary school is more than 1%.
What effectiveness of monetary policy depends on how easy it is for changes in money supply to change interest rates.
If the Bank of Canada sells 100 million worth of bonds to the public in an open market operation. What level of output will the firm choose? Is the firm making a profit.
Illustrate what will be real interest rate that clears goods market at G = 2000 and Y = 10,000. Conclude autonomous investment and marginal propensity to invest.
Illustrate what monthly profit would she realize with that level of business during the next 3 years.
Suppose that for a particular economy and period,investment was equal to 100,government expenditure was equal to 75,net taxes was fixed at 100,and consumption was given by consumption function c=25+0.8Yd where Yd is the disposable income and Y
Explain how many units of pork will the government be forced to buy to keep the price at $2.25. How much will the government spend in total.
If country desires to smooth consumption, explain how much it should borrow in period 0. Illustrate what will level of consumption and trade balance is from then on.
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