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Question: Consider the macro model
(i) Y = C + I¯ + G.
(ii) C = b(Y - T),
(iii) T = tY
Where the parameters b and t lie in the interval (0, 1), Y is the gross domestic product (GDP), C is consumption, is total investment, T denotes taxes, and G is government expenditure.
(a) Express Y and C in terms of , G, and the parameters.
(b) What happens to Y and C as t increases?
A group of n married couples sits a round a circular table for a group discussion of marital problems. The counselor assigns each person to a seat at random. What is the probability that no husband and wife are side by side?
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A truck can be rented from Company A for $60 a day plus $0.60 per mile. Company B charges $30 a day plus $0.70 per mile to rent the same truck. How many miles must be driven in a day to make the rental cost for Company A a better deal than Company..
determine the probability for independent events.if pa 0.4 pb 0.2 and pc 0.3 calculate the probability paubuc if the
To order meat to be grinded at the meat factory costs 1/10 of the meat as the fee. If you need 2 pounds of meat, how much meat will the meat factory have to grind?
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For the normal distribtion, the mean plus and minus 1.96 standard deviation will include what percent of the observations? What is the formula to calculate the percentage?
Maryam pays $3000 on the 30th day of a $7,000, 120-day, and 8% loan.
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a man deposits $500 in a savings account with a 5% annual interest. At the end of ten years how much money will be in the account?
the mean on the math 165 finl exam for math 165 last year was 80 with a standard deviation of 5. What is the cutoff score for a student to be in the top 12%?
A trapezoid with bases 4 m and 6 m is partially submerged vertically in water so that the top is 1 m above the surface and the bottom is 1 m below the surface. Express the hydrostatic force against one side of the plate as an integral and evaluate..
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