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Suppose we want to choose 5 colors, without replacement, from 18 distinct colors.
(a) How many ways can this be done, if the order of the choices is taken into consideration?
(b) How many ways can this be done, if the order of the choices is not taken into consideration?
When businesses in the Macro Islands increased investment by $30 million to attract tourists, GDP increased by $300 million. Calculate the MPC in the Macro?
The pavement will cost $2.5 million, and it has a much shorter life of 20 years. If the discount rate is 9%, find the project's capitalized cost.
The effect of trade sanctions imposed on Iraq limiting Iraq's production of oil after the 1990 Gulf War on the oil market is best shown graphically with a price ceiling below equilibrium price.
What are the key features of the consumption function? What causes consumption to rise or fall? Does the level of consumption deserve concern today?
Choose an historical period when a nation experienced relatively high inflation and another historical period when a nation experienced a relatively high level of deflation. These may be the same or different nations. Compare the costs which these..
XSU is located in the middle of a residential neighborhood. The residents of the surrounding 4 blocks notice that street parking is a problem while classes are in session. Explain under what conditions (if any) the building of additional parking lots..
For Econ 470 question: In December 2008, the federal funds rate hit the zero lower bound, where it remained until December 2015.How could the Fed have used the interest on reserves to raise the federal funds rate?
Consider an event which has a probability of occurring to any individual = 0.01 once each year, and never occurs twice in a year.. If this event occurs, it costs the person $100,000.
What point on the graph is most likely to result from the introduction of technological improvements in bicycle assembly, and successful publicity campaigns by the government on the virtues of bicycling to work.
The licorice industry is competitive. Each firm produes 2 million strings of licorice every year. Total cost of strings have an average.
Formulate the linear programming problem to maximise the profit made by the company.
Which option best describes tariffs in Chile.
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