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Fairfield Homes is developing two parcels near Pigeon Fork, Tennessee. In order to test different advertising approaches, it uses different media to reach potential buyers. The mean annual family income for 15 people making inquiries at the first development is $150,000, with a standard deviation of $40,000. A corresponding sample of 25 people at the second development had a mean of $180,000, with a standard deviation of $30,000. Assume the population standard deviations are the same. At the .05 significance level, can Fairfield conclude that the population means are different?
What specific motivations were behind the increase in the federal funds target after the end of quantitative easing in the US? Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? ..
Opportunity cost refers to : value all alternatives forgone as result of making particular choice. value of next best alternative occurring as result of making particular choice.
Describe in details how the FED bank uses each of the three monetary policy tools, in order to decrease money supply. In your explanation describe who is responsible for setting the monetary tool and how the monetary tool work and how it affects mone..
Assume a new bank has just opened for business. It has deposits of $1,000,000 and a required reserve ratio of 15 percent. How much can this bank lend and why?
A friend tells you that you should never be a patient in a teaching hospital because the death rate among patients in teaching hospitals is higher than in other hospitals. Interpret the meaning of the regression coefficient on the explanatory variabl..
Is your answer consistent with illustrate what you would expect to find with the liquidity preference framework.
A furniture maker has an order for 94 identical tables. If the furniture maker estimates his learning curve at 87% and can reach steady production of 7 hours per table on the 7th table, how long should it take to make all the tables? Express your ans..
Use Ricardian model to explain why and how both of the two countries considered countries gain from free trade between them. And what determines the relative extent of these gains?
A researcher found that when the capital gains tax rate declined, the average bequest size fell as well. How does the tax treatment of capital gains in the United States explain this relationship?
Sidney makes $200 per week. She buys only two items: pizza and beer. The price of a pizza is $5 and the price of each beer is $2. What is the y-axis intercept for the above budget constraint? What is the x-axis intercept for the above budget constrai..
q1. at a university faculty meeting in 2000 a proposal was made to increase the housing benefits for new faculty to
Think about the ABC approach to consumer attitudes. How do the various components apply to your daily life as a consumer? Give examples and discuss!
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