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A random sample of 150 mortgages was selected. From this sample, 17 were found to be delinquent on their current payment. Find the 98% confidence interval for the proportion based on this sample.
This week there was news that some prices are rising. I heard that in some countries where corruption is high the prices are also higher. I wonder if there is causality or just both at same. It would be interesting to find some material to support if..
Suppose an economy produces only food and housing. Draw and explain the characteristics of its production possibilities curve. Show and explain the impact on the curve of a new technology that improves food production only; a new invention that impro..
Compare the Tang Empress Wu Zetian (also known as Empress Wu or as Wu Zhao; ruled China around 690-705 AD) with either the Pharaoh Cleopatra
Discuss the two types of inflation. Explain the differences and give an example. Explain what, if anything can be done to avoid either type?
You are going to buy a refrigerator. Brand A will cost $700 and cost $80 per year to perate. Brand B will cost $800 and cost $55 per year to operate. You want to earn 12% per year on your money. Neither will have any salvage value. How long will you ..
There are 2firms to consider here from 2 different indusrties. A firm in Indusrty A has MC of production=$150 and they know from historical experience that their Lerner index is 0.35. Determine the optmal price that both firms should be charging.
How do social, economic, and political factors influence the environment contributing to transnational terrorist activities and threats?
Cyclical budget balance of the US government explains what should be the budget situation over the expected business cycle of the US economy. Therefore, cyclical budget balance =
An increase in government spending initially and primarily shifts which curve in what direction
The demand for the video games provided by Mid-Tech Video Games Inc. has exploded in the last several years. Hence, the owner needs to hire several
Thinking deeper about your answers; how do interest rates affect millions of other buyers and their decisions, then how that affects the whole economy? Explain.
As we are dealing with the new CYBER ATTACK, affecting hospitals and some mail agencies around the world.
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