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In a random sample of 18 ?people, the mean commute time to work was 34.5 minutes and the standard deviation was 7.3 minutes. Assume the population is normally distributed and use a? t-distribution to construct a 90?% confidence interval for the population mean μ. Also what is the margin of error of μ?? Interpret the results.
Your average total cost is $24; the price you receive for the good is $18. Should you keep on producing the good? Why?
The manager of a large automobile dealership who wants to learn more about the effectiveness of various discounts offered to customers over the past 14 months
Suppose that on April 1, 2015, the central bank of India contracted that country's money supply by selling bonds and increasing interest rates. Which of the answer choices gives the most likely outcome of the U.S. dollar and Indian rupee after April ..
What would be the impact of BRICS' proposal for a new World Bank and IMF, if implemented, on US voting power and the dollar? What would be the impact of BRICS' proposal for a new World Bank and IMF, if implemented, on the voting powers of England, Ge..
The city uses a 5% interest rate and a study period of 20 years. How large does the salvage or residual value have to be for the project to have a PW > 0?
Using the IS-LM model, examine what happens in the short run to interest rate, income, consumption, and investment under the following. Support your answer with the appropriate logic and graphs
Mike buys a lawn mower that comes with the first two years of maintenance for free. The cost for the third year is $100 dollars and increases by $50 each year.
A newspaper recently lowered its price from $30 to $25. As it did, the number of newspaper sold increased from 20,000 to 25,000. What was the newspaper’s price elasticity of demand? Was it price elastic or inelastic? Explain and show your work. Given..
Use the “simplified core-periphery model” to tell a story about the rise and fall of NYC population as a share of US population since the 19th century. What is left out of the story?
The transmission mechanism of monetary policy indicates that a rise in interest rates is expected to:
Give the pro's and con's and describe what situation each of your chosen firewalls is best for.
In your estimation, what is the major contemporary challenge to the international system at this point in time? Be sure to explain why this particular challenge is more substantive than all other challenges.
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