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A professor's rule of thumb is that students should spend 2 hours studying for each 1 hour spent in class. Professor Bob teaches a class that meets 3 hours per week. He randomly selects 8 students and finds that they study the following amounts per week: 1, 2, 4, 4, 6, 6, 8 and 14. Assuming a normal distribution, can the professor conclude with 95% certainty that the students are studying as they should?
Select a U.S. multinational company. In terms of currency denomination, discuss how the firm prices its revenues and costs.
A construction manager earns $70,000 every year working for a regional home builder decided to open his own home building company.
Suppose the demand curve for a product is given by Q = 300-2P+4I where 'I' is average income measured in thousands of dollars. The supply curve is Q = 3P - 50.
Provide a report to management of the firm as to whether or not it should continue to operate at a loss?
A spike in unemployment rate - the largest in more than 2-decades - increased new concerns Friday that a weak labor outlook, high oil prices and continuing woes in housing and credit markets are leading the United States economy into a painful recess..
Explain how might a portfolio manager use financial futures to hedge risk in each of the following circumstances.
Assume that Congress is considering imposing the 30% tariff on imported automobiles. Who would be the gainers and who would be the losers from such move?
Consider total cost and total revenue given in the table given below, Compute profit for each quantity. How much should the firm produce to maximize profit?
What are strengthen or weaken the argument that monetary policy should be the primary tool for smoothing the business cycle.
Suppose the market for dollars is in equilibrium, then the expected future exchange rate rises. What effect does this have on the current exchange rate?
Illustrtae what is the final impact of expansionary fiscal policy on the price-level and real output.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
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