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Alice passes through four traffic lights on her way to work, and each light is equally likely to be green or red. independent of the others.
(a) What is the PMF, the mean, and the variance of the number of red lights that Alice encounters?
(b) Suppose that each red light delays Alice by exactly two minutes. What is the variance of Alice is commuting time?
How much excess reserve does the deposit generate for the bank?(b). What is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work. (c.) What is the Discount Rate in the banking system?
Show the impact of an open market sale on the interest rate and output. Show both the immediate- and the longer-term impacts.
Each bank teller workstation is forecasted to process 400 transactions (the end-item) on Friday. The bank is open from 9:00 am to 7:00 pm on Friday with 90 minutes for lunch and breaks. Three teller windows are open on Friday
Shows the auditor where inherent risk may be the greatest.
All Items, 12-months ending with the last month). Subtract this annual rate of -inflation from your updated interest rates in the table to determine the real interest rates in each category.
Discuss the differences you observe in your answers above between the monopoly and perfectly competitive firm. x-axis 0 8 18 21 30 price and cost per unit y-axis 0 20 33 35 40 quanity.
What was the motivation behind the attack?
Given how resources are currently allocated, the Lexington police department can use a marginal policeman to prevent murders, in which case he will prevent 1 murder/year, or the prevent robberies, in which case he will prevent 75 robberies/year.
The Economic Survey estimated the Forex reserves of India at over 297 billion US dollars. The surge in Forex is attributed to growth in which of the following sector Gross Fiscal Deficit stands at 4.8% of GDP. What was the percentage of Gross Fisc..
Holiday Fruit Company buys oranges and processes them into gift fruit baskets and fresh juice. The company grades the fruit it buys on a scale from 1 (lowest quality) to 5(highest quality).
a packaging company needs to know the rate of return on a process which will cost 60000 have an income of 25000 per
The firm will encounter no fixed costs, and all revenue is after taxes. As your firm has been granted an exclusive contract, your pricing and output decisions will be those of a monopolist.
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