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The following are monthly rents paid by 30 students who live off-campus.
730 730 730 930 700 570
690 1030 740 620 720 670
560 740 650 660 850 930
600 620 760 690 710 500
730 800 820 840 720 700
Find the mean, median, mode, and standard deviation.
Describe the typical rent paid by a student.
Do the measures of central tendency agree? Explain.
Sort and standardize the data.
Are there outliers or unusual data values?
Do you think the data could come from a normal population?
Using aggregate demand, short run aggregate supply, and long run aggregate supply curves, describe the process through which each government policies will move economy from one long run macroeconomic equilibruium to another.
Calculate the correlations between life expectancy and the two measures of GDP per person
chistorically shifts towards a more expansionary monetary policy have often been associated with increases in real output. can an expansion in the money supply increase real output and employment
Write a report outlining what firms need to do in order to bring in the most talented people (from anywhere) and make the fullest possible use of their abilities.
Would a series of bank runs in a country decrease the total quantity of M1 Wouldn't a bank run simply result in funds moving from a checking account to currency in circulation How could that movement of funds decrease the quantity of money
What are the current monetary policy goals?
Describe how each of the following will affect the price and quantity of equilibrium. To find out the new values, describe how the supply and/or demand curves will shift in the following cases (if at all).
Write down everything you would require durint your preparation for the debate.your preparation should include graphs and formulas.
What is the optimal distribution of income if the social welfare function is additive?
a firm has the following production function q kl where q output l labour measured in person hours k capital
Zachary must make a financial presentation to a bank in order to try to get a loan for his new business. He wants to show the firm's projected sales growth and increase in market share for the first five years. He will most likely use a(n) softwar..
a. What are your views regarding economic forecasting? In particular, share any experiences you may have had with business forecasts for company budgets. b. Discuss some of the important criticisms of the forecasting.
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