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Albert Hoffman's wife has an iPod shuffle with five songs in her library:
Using the shuffle feature, her iPod has played Rainbow Connection five times in a row. Does this prove that her shuffle feature is not playing songs randomly? Explain. (Assume that her iPod samples songs with replacement.)
The production function for Our Production is Q = 25L – 0.05L2 ; where Q is output and L man–hours. (i) What level of man–hours will maximize total output? (ii) Calculate the marginal product for the following levels of man–hours: 25, 50, 100, 150, 2..
An increase in the supply of money in an economy could be caused by (choose all that apply): a. an increase in the discount rate. b. a decrease in the discount rate. c. an increase in the required reserve ratio. d. a decrease in the required reserve ..
Define a decision tree. Explain what is meant by and the importance of credible threats/promises.
What is protectionism? Explain what trade protectionism is, example: health and safety regulation. What are the argument favor of trade protectionism and what are some opposite or drawback of this.
Elucidate use blue points (circle symbol) to plot the federal debt as a percentage of nominal GDP for each of the six years.
What does the term unemployment mean to you? Do a little research and find the current unemployment rate and share with your classmates.
Countries A and B have two factors of production, capital and labor, with which they produce two goods, X and Y. Technology is the same in the two countries. X is capital- intensive; A is capital-abundant. Analyze the effects on the terms of trade an..
A company has issued 10-year bonds, with a face value of $1,000,000, in $1,000 units.Interest at 8% is paid quarterly. If an investor desires to earn 12% nominal interest (compounded quarterly) on $10,000 worth of these bonds, what would the purchase..
When you think about attending a high end business meeting or an important interview, do ever wish you could wear a luxury accessory like all the other executives? Our business is able to fulfill that need, in pleasing consumers to rent luxury access..
Suppose the keynesian demand for money is given by L(Y,r)=y/8-100. If income(y) equals 12000 million and the interest rate(r) equals 0.05, calculate the value for the velocity of money.
Every 4 years after the initial constructions, brush clearing will cost $12,000. Over the structure's 60-year life at i = 8%, what is the EAC.
Discuss which Explain how drop in the export sales sets in an ongoing recession using accelerator model.
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