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Mr. All-the-Time-Lonely has been using an internet dating service from eharmoeny.com to meet a woman. According to his past observation over a long period of time, he has been successful in dating a woman at one of ten trials on average. There are ten new randomly selected women at the company's directory and he asks them to have a date. What is the probability that he has at least one date with them?
Illustrate what is the difference between a movement along and shift of the demand curve and supply curve. How does a surplus or a shortage of a good or service affect the market price.
Jonathan accepted the offer and, eager to please her, spent lavishly in preparing for the evening. His purchases included a new blazer, new shoes, and expensive floral arrangement, and champagne. At the appointed time, Jonathan arrived at Rosalie'..
And what are some examples of new technologies that have created jobs How do you think you might measure the net impact of technological change on overall employment and GDP in the United States
Illustrate what amount should Kilarny Company pay for this investment if it earns a 6% return. What cash proceeds did Galway Bay receive from issuance of the bonds.
Compute the elasticity of demand in going from 2 unit to 3 units. Is the demand elastic or inelastic in this range.
illustrate what types of fiscal and monetary policies are taken to stimulate the economy during the recession phase of the business cycle.
Prior to opening his hardware shop Bob worked as an investment banker earning $175,000 each year. He pays his employees $150,000 per year.
Illustrate what relative amounts of capital and labor will be employed to maximize output.
Suppose that real GDP per hour of work grew by 6 percent last year and the capital per hour of work grew 9 percent. Using the one third rule, by how much did the increase in capital per hour of work increase real GDP per hour of work?
Is it true that rich people hold more money than poor people do Do rich people hold a higher percent of their income as money than poor people Compared to an income tax, does an inflation tax place a greater or lesser burden on the poor
What is inflation What are the causes of inflation Is inflation desirable and what can be done to control inflation in a market economy What is the Consumer Price Index (CPI) How has the CPI behaved since the year 2000 What have been the causes of..
Estimate whether each of following, other things held steady, would lead to an rise, a reduce, or no change in long run aggregate supply, and Describe difference between the government purchases multiplier and the net tax multiplier.
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