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If on average, a sample statistic equals a population parameter, then that statistic is considered Select one: a. unbiased b. normal c. standard error d. consistent e. a parameter
Social Security has revenues of $1.8 trillion and expenditures of $1.3 trillion. The nonsocial Security budget has revenue of $2.1 trillion and expenditures of $2.4 trillion. In recent years government debt grew much faster than GDP. Conservative eco..
Suppose the call money rate is 6.8 percent, and you pay a spread of 1.9 percent over that. You buy 600 shares at $78 per share with an initial margin of 25 percent. One year later, the stock is selling for $84 per share, and you close out your positi..
A stock is projected to pay a dividend of $3 in 1 month. A three month at-the-money European put option on the stock has a premium that is $2.751 higher than the premium for a three-month-at-the-money European call option on the stock. The continuous..
Waiting in line. Two hundred people are willing to wait in line to see a movie at a theater whose capacity is one hundred. Denote person i’s valuation of the movie in excess of the price of admission, expressed in terms of the amount of time she is w..
PC-World is a U.S. manufacturer of personal computers. The CEO is looking at opportunities for off-shore production. The selection of the country where PC-World will establish a production facility will depend on the following two factors: 1. The loc..
How does an increase in capital and/or technology affect wages, full employment equilibrium, productivity and the standard of living? How can this be graphed to show the shift caused by the increase in those factors?
Suppose the government imposes a 20-cent tax on the sellers of artificially sweetened beverages.
Suppose, if ill, your demand for health services is summarized by the demand curve Q = 50 – 2P, where P is the price of services. How many services do you buy at a price of $20? Suppose that your probability of illness is 0.25. What is the actuariall..
Determine also show how much these firms will sell and what they will charge.
At what level must be a ceiling price imposed upon the monopolist's market to cause the monopolist to supply the efficient quantity supplied?
Illustrate what sets the 1st generation marginal lists apart from their second generation marginal list
A used car dealer in Las Cruces placed the following advertisement: $500 down now + $99 for the first 12 months + $199 for the following 48 months a. What is the price of the car if the interest rate is 12% per year compounded monthly? b. If financin..
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