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A random variable X is normally distributed with the mean 3. The probability that the X is greater than 4 is 0.12 less than the probability that X is between 3 and 4. Find the probability that X is greater than 2.
A company purchases piece equipment for $100,000 with no money down. The company will pay the equipment off over 5 years by paying equal payments at the end of the each year at an interest rate of 6%. How much interest was paid by the company?
Assume LEASE payments are made at the END of the month, (first payment due end of 1st month). What is your monthly LEASE payment?
Why does the short run Aggregate Supply Curve slope upward? Why does the long run Aggregate Supply Curve a vertical line at potential GDP? Why is there a difference between the long run and the short run when looking at the Aggregate Supply curve?
Fill in the surplus-shortage column. what is the equilibrium price in this market? what price is there neither a surplus nor a shortage? draw the supply curve and the demand curve and locate the equilibrium price and quality.
The main groups without health insurance are;
Find the value of t for a t-distribution with 18 degrees of freedom such that the area to the left of -t plus the area to the right of t equals 0.05.
Assume that the skateboard industry is monopolistically competitive. Assume that skateboard manufacturers are earning short-run economic profits. At the profit maximizing price you identified in part a, would the typical firm’s demand curve be price ..
Why do you suppose that employment growth is about 20 percent greater in unlicensed occupations than in licensed occupations? What do you suppose a typical state government does with the millions of dollars of occupational license fees it receives ea..
Systematic and unsystematic risks are different from each other in that
Jacob Viner originally envisioned a situation where, in the demand/supply graph of a trade-diverting customs union, the demand curve was vertical and all supply curves (including the supply curve of domestic producers) were horizontal.
In order to host the Winter Olympic Games, the city of Vancouver incurred a large debt, which will have to be repaid over time. Reflecting on this fact, one Vancouver resident complained, “The average guy is going to see his taxes increase” [Austen, ..
If, in a particular year, the government ran a budget deficit of $200 billion and the private sector's holdings of government securities increased
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