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Some 17 juniors attempted a Math exam with these results: Exam Grade Number of Students 7 1 6 4 5 4 4 4 3 4 Calculate the Mean and the Standard deviation for these scores.
If Bob's interest rate is 15%, how much is the present cost for a 5-year contract? (Trips are in years 2 and 4.)
Explain what factors determine how much investment is required to maintain a given level of capital per effective worker.
Suppose real GDP is $100 billion below potential and the government implements an expansionary fiscal policy with the intention of eliminating the output gap. The fiscal policy consists of a $100 billion increase in government purchases and a $100 bi..
Team prefers to divide the pay equally between themselves. Can there be any issue with this system (except free rider issue).
Suppose the components of spending in an economy are as follows: What is the equilibrium level of income (Y)? (Hint: Y=C+I+X-M) What is the trade balance (X-M) at this equilibrium ? Suppose exports increase by 100. What is the new equilibrium level o..
How does fiat money differ from commodities like gold or silver that were used as money? Define both Money supply 1 and money supply 2
If the data represent 10 months of production for one plant of a specific company, would you consider this to be a short run analysis? How would your answer to question 3 changes if you were told that the data represent 10 different plants during a p..
The amount of money generated in a week can be viewed as a random variable with a mean of $700 and a standard deviation of $130. Find mean and standard deviation of an employee's total pay in a week.
Assume that labor supply and labor demand are described by the following equation -labor supply: L=5w -labor demand: L=110-0.5w where w=wage expressed in dollars per hour, and L(s) and L(d) are expressed in millions of workers. find the equilibrium w..
Evaluate the following statements using graphical analysis. Provide a brief narrative explanation of your graph to support your evaluation. Make sure the axes and curves in your graphs are properly labeled. “When demand for home heating oil increases..
Explain the differences in the classical and the keynesian theories of macroeconomic policy with respect to a recession. Explain fully and use a graph in your analysis.
According to the theory of statistical discrimination, if you are a low-skill black worker, would you rather work for a black employer or a white employer?
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