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Individuals filing federal income tax returns prior to March 31 received an average refund of $1056. Consider the population of "last-minute" filers who mail their tax return during the last five days of the income tax period. a. A researcher suggests that a reason individuals wait until the last five days is that on average these individuals receive lower refunds than do the early filers. Develop appropriate hypotheses such that the rejection of Ho will support the researcher's contention. b. For a sample of 400 individuals who filed a tax return after April 10th, the sample mean refund was $910. Based on prior experience a population standard deviation of sigma = $1600 may be assumed. What is the p value? Use an alpha level of .05.
Elucidate how the Solow Growth Model reacts to an increase in government spending.
Discuss at least two alternative measures of national welfare that have been put forward? What are the primary strengths and weaknesses of these alternatives and discuss at least two alternative measures of national welfare that have been put f..
q.watch the video titled fear the boom and bust. using the tools of macroeconomics identify the primary difference
Graph a Monopoly. Compare the price, quantity, and ATC of a monopoly with a perfectly competitive firm. Who is more efficient and why?
Output per worker yt = 4kt 1/3, the saving rate is 30 percent, and the depreciation rate is 13.3 percent. Calculate the steady-state values of capital per worker and consumption per worker.
Suppose Microsoft chooses to produce 80 million copies of software per year and sells copies of software to retailers at $199 per copy. Now consider problem of a retailer like Circuit City or Best Buy.
How does the law of demand relate to the price and demand for gasoline in the United States? Does this law accurately reflect reality? Use current research, personal experiences, and economic concepts to state your response.
Allied Electrons must purchase a new automatic soldering machine to meet increased demand for its electronic goods. Of all the machines considered
q1. the number of taxicabs in motorville and the taxicab fares are regulated. the fare currently charged is 5 a ride.
Open a Word document and insert the image by pressing the Ctrl+V keys simultaneously. Give reasons to explain what the government would have to do to keep the unemployment rate at 3 percent
What does the vertical distance between the horizontal axis and any point on a pure competitors demand curve measure.
Illustrate what is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean of Xbar=935
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