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In a sample of PH.D students 80% have paid assistant-ships. A student is chosen at random from this sample. What is the probability that the student has a paid assistant-ships?
The probability that the female survives the year is 0.999642. Compute and interpret the expected value of this policy to the insurance company.
Which of the following uses of tax revenues collected by the government leads to increased capital deepening?
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess demand) of apartments, because the quantity of apartments demanded is greater than the quantity supplied at the regulated p..
Why is this the case and how does it relate to the marginal product of labor (MPL) in each sector and the production possibilities frontier (PPF)?
How would you explain to either the president or the CEO that he or she is wrong?
What is the relationship between Maximum Likelihood Estiamtion's second-order conditions and the standard errors of the coefficient estimates? Why might two unrelated economic time-series exhibit a strong correlation?
During the financial crisis of 2007-2008, the governor of the Bank of Canada expressed concern that the commercial banks were "hoarding" cash rather than extending a more appropriate volume of loans. Why might the banks do this, and what is the impli..
1- Imagine you are an SA (System Analyst). And you heard this at the water cooler at work between two IT employees: "Did you hear that the CEO wants to institutionalize the SDLC as our organizational project management methodology."
What is the output of each firm if they collude to produce the monopoly output. What profit does each firm earn with such collusion.
Consider an open economy in which prices, interest rates and the exchange rates all vary. Explain briefly the effect expansionary fiscal policy would have on… The exchange rate. Does the dollar appreciate or depreciate? The trade balance. Improve or ..
Discuss the concepts of total production, average production and marginal production. Relate production to cost and discuss how the ideas of total cost, average cost and marginal cost are used in decision making.
Briefly describe a product or service you use every day and suggest a better approach to advertising that product/service than is currently being used. Explain your rationale.
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