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Average heart rate for Americans is 72 beats/minute. A group of 18 individuals participated in an aerobics fitness program at American Kickboxing of New York to lower their heart rate. After six months, there was evaluation conducted on the group to identify if the program had significantly slowed their heart. The mean heart rate for the group was 69 beats/minute with a standard deviation of 6.5. You need to construct a 95% confidence interval for the mean of all such heart rate levels to determine if the aerobics program was effective in lowering heart rate. What is the margin of error?
M1 money growth in the U.S. was about 16% in 2008, 7% in 2009 and 9% in 2010. Over the same time period, the yield on 3-month T-bills fell from almost 3% to close to 0%. Given these high rates of money growth, why did the interest rates fall, rather ..
How will Trump protectionism policies affect the bilateral trade agreement between China and USA? (Use economic theories and the article "an open shut case" to answer this question
Suppose the demand for a product is such that the SE of a price change is equal to zero.
Suppose that the income elasticity of demand for peanut butter is 0.75. Which of the following is true? If the prices of computer tablets rise, we would expect the number of tablet covers purchased to: The income elasticity of demand
Power stations emit sulfur dioxide as a waste product. This generates a cost to society that is not paid for by the firm; therefore, pollution is a negative externality of power production. Suppose the U.S. government wants to correct this market fai..
1) Why analyze balance sheet data? How do you analyze balance sheet data?
Discuss and analyze alternative perspectives for determining financial performance. Out of three methods (Cash flows reporting, Accrual accounting)
The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets
Tax cuts or government spending? Debate heats up over best way to grow the economy. Larry Summers has an article in "Foreign Affairs" saying we're in a very unusual situation, you call it the liquidity trap. He calls it secular stagnation.
specific examples of what would affect each, and a discussion of why it is more accurate to estimate both when trying to determine a country's economic success.
Suppose the book-printing industry is competitive and begins in a long-run equilibrium. Draw diagram describing the typical firm in the industry.
A country which does not tax cigarettes is considering the introduction of a $0.40 per pack tax. Calculate the deadweight loss from the tax. Could the tax be justified despite the deadweight loss? What tax revenue will be generated?
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