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A local clinic is trying to make a diabetes prevention program tailored to their patient population. Two major factors to preventing and controlling diabetes are exercise and weight. The clinic surveyed the patients to determine whether they would be more likely to attend group exercise sessions or cooking classes at the clinic. 45% said they would attend cooking classes, 20% say they would be interested in attending both, and 8% said they would not be interested in either opportunity. Is attending group exercise sessions independent of attending group cooking classes?
a. Yes: P(E and C) ≠ P(E) * P(C)
b. Yes: P(E and C) ≠ 0
c. No: P(E and C) ≠ P(E) * P(C)
d. No: P(E and C) = P(E) * P(C)
e. No: P(E and C) ≠ 0
Describe the factors that influence wage setting. Write down the equation that represents wage setting, describe the effect of each factor in the equation/function, and draw the corresponding diagram. Clearly state the assumptions behind your analysi..
Illustrate what are they, and what impacts do they have on the outcomes of Keynesian countercyclical policies.
HI5003 Economics for Business GDP- Compare Australia with any other advanced economy and discuss their GDP last 2 to 5 years and factors affecting their GDP
A bar wants to move into a new area. They want to find out the average income of people in the area to set a price point.
Sometimes, when a country is going through economic difficulties, the government will restrict how much money people can withdraw from their bank accounts.
Demand elasticity is actually a quantitative measurement designed to show percentage changes in quantity demands by consumers.
A local community wants to purchase a pool heater for its public pool in one year. The cost of the heater is $1,000,000. The local bank is willing to pay the interest on this amount at 6%, compounded monthly to help support the purchase of the pool h..
A brief description of the historical context in which the Washington agreement arose. The aim of the Washington agreement with regard to government intervention in the economy.
The economy has a capital share of a third, a saving rate of 24 percent, a depreciation rate of 3 percent, a rate of population growth of 2 percent, and a rate of labor-augmenting technological change of 1 percent. It is in steady state. At what rate..
Calculate the profit maximizing output and the resulting profit when price is $100.
As a result of a decrease in the value of the dollar in relation to other currencies, the level of American imports and exports change. Consequently, there is a(n): increase in short-run aggregate supply. Decrease in the quantity of aggregate output ..
The FRS makes a $10 billion open market purchase. Explain how this action affects.
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