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Of a random sample of 600 trucks at a bridge, 120 had bad signal lights. Construct a 90 percent confidence interval for the percentage of trucks that had bad signal lights.
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Suppose that the Fed's inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differs from 5 percent: %?V - 0.5 Ã (i - 5) Suppose that a model of the economy suggests
Find the new equilibrium real interest rate and the corresponding levels of consumption, investment, national saving, private saving, and government saving. Find the equilibrium real interest rate r . Find the equilibrium levels of consumption, in..
how much juice will the costumer purchase in a perticular month. What is the elasticity of demand for juice.
Assume there are 12 firms in an industry. The percentage of total sales is given in the following table:
a pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. experts from the
Suppose that you are a monopolist who produces gizmos, Z, with the total cost function C (Z) = F + 50Z; where F represents the firms fixed costs. Your marginal cost is MC = 50. Suppose also that there is only one customer in the market for gizmos, an..
Using the utility function: U (x, y) = x^gamma + y^gamma , 0
Why may the efficiency of an algorithm in a system implementation have more importance than in an application's implementation?
Show how monetary policy effects GDP. You also need to use the money multiplier, MPC and the GDP multiplier on the GDP graph.
Explain why do economists believe that the CPI overstates the rate of inflation
The solution mentions the OPEC Oil Cartel, the company's stated goals, the member-countries, and when it was founded. Their role in keeping oil prices high, and the difficulties they faced in keeping the cartel united.
Two firms compete in a market to sell a homogeneous product with inverse demand function P = 400 -2Q. Each firm produces at a constant marginal cost of $50 and has no fixed cost. Use this information to compare the output levels and profits in set..
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