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Suppose that a household in a two-period model has income of $30,000 in period 1 and $25,000 in period 2, and the interest rate is 75 percent. Assume that the price of the good is $1 in boh periods. Suppose that the household decides to consume 26,000 in period 1 and 32,000 in period 2. Now suppose that the interest rate falls 50 percent, and the household decides not to borrow or lend at all. Is the household better off or worse off with the higher interest rate?
The derivative from the rate of changes
In a game show, a contestant is given a choice of 3 curtains. Behind one curtain is a prize, but the other two curtains conceal a sign saying "Sorry, you lose!"
Find the probability
Random variable and a probability distribution, Discuss the concepts of random variable and a probability distribution. A university found that 20% of its students withdraw without completing the introductory statistics course. Assume that 20 stude..
a normal distribution has a mean of 500 a standard deviation of 50. A manager wants to simulate one value from this distribution, and has drawn the number 1.4 randomly. What is the simulated value?
Using ANOVA to test mean difference
Assuming both retire at 70, and that the interest rate both get on their investments is 10% (compounded annually) who has the most money in their account at age 70? Explain why you pick the answer you pick.
A basket contains 4 black, 2 blue, and 5 green balls. A sample of 3 balls is drawn. Find the probabilities that the sample contains the following.
Multiply and simplify the given expression - Multiply and simplify: (2x 3 + 3) (5x - 6 + x 2 )
A tree has 11 vertices of degree 3, 12 vertices of degree 2, 10 vertices of degree 4 and the remaining vertices are of degree 1. How many vertices does it have?
This assignment has questions related to probabiltiy.
Evaluate the matrix of transformation
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