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1. A random sample of size 70 is taken from a population that has a variance of 49.The sample mean is 90.4.What is the point estimate of µ? Construct a 94% confidence interval for µ.
1.Assume that there are several chemical firms in an industry,
How does monetary policy affect aggregate demand in the short run? How does monetary policy affect aggregate demand in the long run? Your response should be at least 75 words in length.
For what reasons may the NAIRU increase?
Calculate the marginal and average variable product of each unit of labor input and calculate total, average total, average variable, and marginal costs.
1. present your data in a table showing the names of the variables. make sure the full definitions and sources of each
What might BQT do to reduce the magnitude of these problems? What problems might be caused by BQT's maintaining ownership of the production equipment?
How would you attempt to assess whether a particular period of inflation was the result of cost push or demand pull pressures?
How does a decrease in U.S. interest rates affect the Eu/U.S. exchange rate? Use the carry trade to predict the impact of lower U.S. interest on Euro/$.
During the next decade, per capita disposable income is expected to increase by $5,000. What effect will this have on the firm's sales?
Many social scientists say that poorer Third World countries should reject "models based on economic laws" of universal validity. According to them, there are no universal laws.
Administrators at a university are considering to offer a summer seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the machine.
What is the profit-maximizing retail price and quantity? What are firm profits? Suppose the manufacturing unit has monopoly power to set the transfer price and knows all the information in this problem.
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