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A macroeconomist suggests that, since aggregate output and employment have decreased, the government should increase expenditures on goods and services to increase both output and employment. Suppose that output and employment fell because of a sectoral shock. (a) Determine, using diagrams, what the net effects on output, employment, consumption investment, the real interest rate, and the real wage, would be of such a policy, combined with the sectoral shock. (b) Do you think such a policy is appropriate? Why or hwy not?
Suppose that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more?
a supplier contract calls for a key dimension of a part to be between 1.88 and 2.12 cm. that is a part will not be
At the 1% significance level, can it be concluded that the current distribution of responses differs from that of a year ago ?? Formulate and test the appropriate hypotheses. Use the critical value approach.
the parallelogram linkage shown moves in the vertical plane with the uniform 8-kg bar ef attached to the plate at e by
Federal Reserve Board regulations permit banks to offer their clients commercial paper. A random sample of 650 customers of Bank of America reveals.
Researchers studied whether corporate political contributions predicted profits (Cooper, Gulen, & Ovtchinnikov, 2007). From archival data
a. Find the probability that none of the selected adults say that they were too young to get tattoos.
a coin is tossed three times.1. what is the probability that the coin will land heads at least twice?2. what is the
Aronson and Mills (1959) conducted an experiment to see whether people's liking for a group is influenced by the severity of initiation.
consider the following.a calculate the estimate for the standard error of difference between two independent means for
Every 5 years the Conference Board of the Mathematical Sciences surveys college math departments. In 2000 the board reported.
Construct a 90% confidence interval estimate of the proportion of adults believing in global warming (round the lower bound and upper bound of the confidence
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