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A family has 5 natural children and has adopted 2 girls. Each natural child has equal probability of being a girl or a boy, independent of the other children. Find the PMF of the number of girls out of the 7 children.
Why would neoclassicists expect rising productivity to lead to higher wages? Has higher productivity actually led to higher wages?
Further suppose that 51.3% of births are male. What is the probability that a randomly chosen child will be affected by the disease?
Burlington Northern is considering the elimination of a railroad grade crossing by constructing a dual-track overpass. The railroad subcontracts for maintenance of its crossing gates at $11,500 per year. Beginning 4 years from now.
You are going to purchase a house which costs $250,000. Your annual income is currently $60,000. The bank you are going to get the mortgage from uses a 28% qualifying rate (a maximum of 28% of your gross monthly income can go to your monthly payme..
1-Concisely explain the economic role of brokers, dealers, investment bankers and the role of the New York Stock Exchange specialist 2-If a bond dealer bought a $100,000 municipal bond at 92% of par and sold it at 96% of par, how much money did th..
In general, the marginal cost curve is U-shaped as you learned in lectures and the textbook. However, exception exists. Please provide one particular industry as an example to illustrate that MC is not U-shaped. Explain briefly the shape of MC in ..
where Q is the quantity demanded of its product, P is the price of its product, Pr is the price of its rival product, and I is per capita disposable income. At present, P=$10, Pr=$20, and I=$6000
Charlie Cook was able to determine the activity times for constructing his chemical contaminant tracking machine. A) Cook would like to determine ES, EF, LS, and LF for each activity. Here are the activity times
supply qs600100pdemand qd1200-200pwhere qs is the supply of packs of cigarattes and qd is the demand for packs of
Explain the human-capital view of education and the signaling view of education.
the income tax system in a country requires each citizen to pay 10 of income on earnings up to 40000 and then pay 20 on
Plot the level of the index of consumer sentiment against the growth rate of disposable income per person. Is the relationship positive?
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