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Tommy is 3.5 months old and weighs 6.41 Kg. What percentage of males, at his age, weigh more then him. We are told that mean weight is 6.39 kg and the Stand Deviation is 0.12. How do you solve this stats problem.
Suppose that the Fed purchases from bank A some bonds in the open market and that, before the sale of bonds, bank A had no excess reserves. Describe what initially happens to the reserves of bank A. If bank A does not want to hold excess reserves, wh..
"The price on wheat has fallen from $9 a bushel to $7 a bushel in the past seven months as rain and snow fell on the southern states." [Source: The Wall Street journal, February 12, 2013] Explain the effect of the fall in the wheat price on the marke..
What would have happened if there had been no laws against price gouging and the price of gasoline immediately after Sandy had hit $50 per gallon?
Why is it often difficult to develop a realistic analysis?
Assume that a firm pays taxes on revenue and is allowed some deductions. Derive and explain the user cost of capital if the firm's nominal interest payments are tax deductible. Derive and explain the user cost of capital if the firm's real interest p..
For retirement, you decide to deposit $1329 at the end of each year and you will increase your deposit by $105 per year. How much will you have at the end of 20 years if the bank pays 2.5% compounded annually?
Suppose you are studying the recent rise in shale energy. You know the inverse demand function for shale energy is P = 100 - Qd. The supply of shale energy is P = Qs. Find the equilibrium price, the equilibrium quantity, and the consumer and producer..
Assume that over a range of prices, the price elasticity of demand varies, total revenue curve over these two ranges of the demand curve as price fall.
We can modify the inter-period allocation model to deal with the issue of intergenerational allocation of resources. Suppose a generation is thirty-five years, and we are concerned with only two generations. Draw a demand and supply graph showing the..
What were construction workers’ real earnings in 1989 stated in 1982–1984 dollars?
Suppose you have a $20 gift card and want to buy Blue and Red yarn. Graph the budget constraint and the indifference curves that can be reached. How many yards of each type of yarn will he purchase at these prices with his gift card?
Excise tax is collected from fishermen, who protest that y alone are bearing burden of this policy. Why might this protest be misguided.
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