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A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance of credit card holders is found to be $662.72 +or- $44.70. Which of the following would produce a confidence interval with a smaller margin of error that this 90% confidence interval?
Suppose you earn $1 million over your working life and the real interest rate for retirement saving is 50%. How much will you save and how much will you consume in each part of your life?
Discuss the real output and in ation expressions verbally - New Keynesian model with technology shocks
Consider a bank that receives an initial deposit of $1,000 and loans out the maximum from this that it can. This in turn is deposited into a second bank (which may technically be itself, but that doesn't change anything), which then loans out the ..
If there is an increase in the government budget deficit _______. the demand for loanable funds will increase, interest rates will increase, and the amount of borrowing will increase, the demand for loanable funds will decrease, interest rates will d..
Discuss the specifics of any cases/examples you use and the implications of same on local citizens of that country.
Taxi fares in New York recently were increased by nearly 50%. Predict the effect on the price of taxicab medallions, the earnings of taxicab drivers and congestion in New York streets.
What divergences arise in equilibrium output and efficient output when spillover benefits and costs are present? Provide some 'real-life' occurrences.
You are the manager of a firm in a new industry. You have gotten the jump on the only other producer in the market.
what would happen to the yield curve if investors were concerned about stability in foreign countries and rushed their money into the U.S to buy long-term treasury securities how would you expect the term premium to change
Explain how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
In this model of society no capital and no wage labor. The commodities are valued based on hours of labor that needed for the production.Based the above the only input that used to find the cost of a commodity is labor.
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