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A coin was flipped 60 times and came up heads 36 times. Suppose you test whether the proportion of heads is greater than 0.50 at a 10% level of significance. What is your conclusion?
Reject the null hypothesis
Fail to reject the null hypothesis
Illustrate what fiscal policies are needed to fight unemployment
Compute HHI for both industries. 3. Which industry is more concentrated according to 4-firm concentration ratio? 4. Which industry is more concentrated according to HHI? 5. Which of these measures (HHI and four-firm concentration ratio) can be a..
Write a paper which provides an economic profile of the industry you have researched. Utilize all the information you have gathered throughout the course to write your paper.
Monetarists believe that changes in the money supply will have no effect on real income in the long-run. In other words, they believe that money is ‘neutral' in the long-run. How does this long-run neutrality come about
Explain the effectiveness of the exchange rate regime being used in terms of achieving macroeconomics objectively in South Africa and discuss any four macroeconomics objectives which can be used to judge the performance of the economy.
Steve plans to take the contract that provides him with the highest net present value. At what discount rate would he be indifferent between the two contracts.
As part of the marketing campaign, EML produced a video tape sales presentation to send to both owners of current EMLfour-wheel-drive vehicles as well as to owners off our-wheel-drive sports utility vehicles offered by competitors; EML refers to t..
Suppose you are the production manager for Widgets, Inc. Your job is to produce a fixed amount of output at the lowest cost possible. When you take over the position, you find that the price paid for a unit of labor is $20 (W = $20), and the price..
In a few weeks Professor Smith will be taking his daughter Attilla to the State Fair. Calculate the Marginal Rate of Substitution (MRS).
Assume worker productivity increased at the rate what rate of increase in RGDP would be sustainable without increasing inflation pressures.
Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The firm had $100,000 in the bank at the end ..
Provide reasons why monopolists do not exhibit resource allocative efficiency. Why monopolists cannot obtain any price they wish.
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