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Down Home Savings has the following assets and liabilities: $6 million in government bonds and reserves; $40 million in deposits; $36 million in outstanding loans. Draw up a balance sheet for the bank. What is its net worth?
Suppose a random variable X has a discrete uniform distribution on the first m positive integers. Find the mean and the variance of X. What are the mean and the variance if X equals the outcome when rolling a fair six-sided die
Firms often face the problem of allocating an input in fixed supply among different products. Find the optimal crude oil allocation in the proceeding example if the profit associated with fiber were cut in half, that is, fell to $0.375 per square ..
Would knowing this information change the way in which you extract and load data into the data mart from the OLTP system?
explanation for why convergence across regions and states might be slow. [Hint: should we expect technology or capital to flow more rapidly across regions?]
A delivery company is considering adding another vehicle to its delivery fleet, all the vehicles of which are rented for $100 per day. Assume that the additional vehicle would be capable of delivering 1750 packages per day
You wish to predict the sale price of single-family residences in Massachusetts using property features (commonly called a "hedonic pricing model"). How would you categorize, or label, this dataset? Defend your answer
How much must you deposit in your retirement account each year for 10 years starting now (i.e., years 0 through 9) if you want to be able to withdraw $50,000 per year forever beginning 30 years from now Assume the account earns interest at 10% per..
How much public television would a competitive private market provide?
Traci is planning to sell her house, and she is considering making two upgrades to the house before listing it for sale. Replacing the carpeting will cost her $3,000 and replacing the roof will cost her $6,000. Traci expects the new carpeting to i..
Illustrate and compute the market equilibrium.
use the following cost index data for each piece of equipmentto update the price that would be paid today original equipment cost indexwhen originallpurchased cost index today varnishbath ..
A researcher sureys a group of working married women and reports the following results for the first four surveyed: Person % of contribution to household income % contribution to housework x Zx Y Zy C1 601.34 70-1.15 F3 30 -1.34 100 1.61
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