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A bus driver records the time (in minutes) it takes to commute to school for 6 days. These results are: 25, 22, 17, 20, 15, 10. Assuming the population is normally distributed, develop a 90% confidence interval for the population mean. What is the reliability factor?
In a random sample of 99 NBA games, the home team won 57 games. Test the null hypothesis that the home team wins one-half of all games against the alternative that the home team wins a majority of games.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
Write paper on the topic of Immigration concentrated on how the Immigration Bill will effect the overall nature of the economy.
Assume that Jim goes to work at age twenty-five, earns an average $40,000 a year for 40 years. He inherits $320,000 when he starts working. He expects to live to be 75.
Use the IS-LM model to determine the effects on the general equilibrium values of the real wage, employment, output, the real interest rate, consumption, investment, and the price level. For full credit you must draw the graph and explain in words.
What do you think that Antitrust Department should punish Google for being a "monopolist". Did the author of the article think so.
Three natural resources as well as products that could be traded abroad based on the principles of comparative advantage for India.
Explain when an economy ever pursue a contractionary fiscal policy.
How does monopolistic competition differ from pure competition in its basic characteristics From pure monopoly? Explain fully what product differentiation may involve. Explain how the entry of firms into its industry affects the demand curve facin..
Suppose that Hump Ridge Company produces and sells two products, x and z, and that its total cost is given by-What does λ equal? What does it mean?
Is job satisfaction an overrated concept in USA and Comment on this question, keeping in mind the current state of our US economy
Suppose two people, Mary and John each live in an isolated region. They each have the same resources availabe and they grow corn and raise pigs. Mary devotes all her resources to growing corn, which she raises 200 pounds of corn per year.
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