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A population consists of 50 children, 40 youths and 10 adults. What is the chance that a youth will be chosen first to represent the sample?
What feature(s) of Medicare would cause an economist to say that “Medicare stinks as insurance”? Medicare supplement insurance is available from the commercial market and most commonly covers ‘up-front’ deductibles and least commonly covers “high-end..
You decide to open a retirement account at your local bank that pays 8%/year/month (8% per year compounded monthly). For the next 20 years you will deposit $400 per month into the account, with all deposits and withdrawals occurring at the end of the..
If you had $ 4000 now and invested it at 6% simple interest, how much would it be worth 12 years from now? How much would it be worth if you receive 5% compound interest instead of 6% simple interest?
You are barganing coordinator for Sun Car Manufacturers. At present you are renegotiating the labor contract with the union representative. You are bargaining over an expected 20% increase in earnings over the next three-year contract period. The uni..
When total extraction volumes are limited by an outside entity, such as OPEC, what happens to the price of that resource? Graphically illustrate how the resulting price and extraction paths change.
Should a notice be considered sent only if a debtor acknowledges its receipt? Why or why not? [Mahon v. Credit Bureau of Placer County, Inc., 171 F.3d 1197 (9th Cir. 1999)].
The future worth in year 10 of a geometric gradient series of cash flows was found to be $80,000. If the interest rate was 15% per year and the annual rate of increase was 9% per year, what was the cash flow amount in year 1?
Explain the problems with the existing design, in terms of the potential modification anomalies that it might exhibit.
For a specific airline carrier determine whether or not they are going to expand, scale down, or remain at the current level of output.
The terms of trade between two countries refer to
What is information asymmetry and example? What is moral hazard and example? What is adverse selection and example?
380 labor hours were required to produce the first unit in a production run. 140 labor hours were required to produce the 4^th unit. You base been asked to determine a quote for an order of 4 units. If the labor rate is $25,00 per hour, how much will..
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