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Three defective electric tooth brushes were shipped to a drug store by Clean Brush Products along with 17 non defective ones.
A) What is the probability the first two electric toothbrushes sold will be returned because they are defective?
B) What is the probability the first 2 brushes sold will not be defective?
Determine the term- Nominal wages The nominal wage is wage per unit of time in currency used in the country- what we mainly just call wage. When we refer to wage in macroeconom
#questionAssume that an economy''s GDP Y=5000. Also assume that the government runs a deficit where tax revenue T=1000 and government expendituresG= 1500. The consumption function
i have an assignment i need it to be done by thursday march the 10th before midnight
The real interest rate Interest rates and inflation Suppose you have 1 million on 1st January 2008. A basket of goods and services similar to the CPI basket costs 100,000.
I am in a college econ class that I may possibly fail. anyone able to explain how to find this answer? Assume that the following data characterize the hypothetical economy of Tran
While referring to the "EYE on YOUR LIFE" section on page 235 of the textbook, and the economic concepts you have accumulated during our course, consider the trade policies that se
What are the requirements for something to be considered money? Why does the dollar have value?
solutions to central problems of economy.
define business cycle
Q. Determine the Exchange rate? Exchange rate is determined by the ratio of domestic price level to the foreign price level. If, for instance domestic prices increase by 10% wh
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