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IQ test scores are standardized to produce a normal distribution with a mean of µ = 100 and a standard deviation of Ó = 15. Find the proportion of the population in each of the following IQ categories.
Assuming that the reserve ratio is .20 and banks are fully loaned out. What is the money creation potential of the banking system when demand deposits increase by $10,000. Show your work.
1. discuss what is meant by fiscal policy.2 what are the instruments of fiscal policy?nbsp evaluate the effectiveness
illustrate what it implies for the relationship between labour supply and productivity growth.
Let MUa=z=10-x and MUb=z=21-2y, where z is marginal utility per dollar measured in units. x is the amount spent in product A. y is the amount spent on product B. Assume that the consumer that the consumer has $10 to spend on A and B, that is x+y=10. ..
Elucidate the academic curriculum and dicuss the challeges confronted by scholars of the following areas of specialisation.
The prices of outstanding bonds change whenever the going rate of interest changes. In general, short term interest rages are more volatile than long term interest rates.
Suppose that the price elasticity of demand for automobiles is known to be -2.50. Will a shortage of steel (note: steel is the primary input into the production of cars) likely increase or decrease the revenues of car manufacturers? Carefully expl..
A monopoly is considering selling several units of a homogenous product as a single package. A typical consumer’s demand for the product is Q^d = 50 - 0.25P, and the marginal cost of production is $120.
Consider the Linear demand function Q = 20 - 0.5P. using calculus, find the level of output, Qrmax, where total revenue reaches its maximum value.
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
derive the marginal rate of substitution mrs between x and yuxyaxp1-ayp1puxylnxy uxyxaxalphaybetay
What steps can leaders take to prepare followers for change? How exactly does readiness for change impacts resistance for change and the likely success of change initiatives?
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