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Why should an auditor corroborate evidence for inquiry? Name a famous court case and discuss.
Household spending is given by the following equation: C = $100 + 0.70Yd and Intended Investment = $125. (a) Calculate the equilibrium level of income in the economy, and explain why this is the case.
Manufacturing technology of 2st generation becomes available in 1960. For what values of parameter μ would country-f adapt it if countries operate in autarky.
How many of the 12 students do we expect to attend the festivities? Find the probability that at most four students will attend. Find the probability that more than two students will attend.
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 16,000 - 4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 4,000QL and CF (QF) = 6,000QF. a. What is the follower's reaction function QF = - Q..
Based on the transition matrix for ECB, which positions are experiencing a labor surplus or a labor shortage?
A firm estimates that its total cost function is accurately estimated by the equation TC = 6,000 + 19Q - 5Q^2 + 0.5 Q^3 a. How much is MC at an output of 10 units b. At which output level AVC reaches its minimum
What percentage of the population of each country is in the labour force and what are the similarities and differences between the three countries in terms of the percentage of the population that works in each type of industry?
Consider the market for cement production. Suppose that cement production emits a cloud that causes breathing problems for people that live in the neighborhood, thus creating health problems for by-standers.
Suppose that the price of a stock is $50 at the beginning of a year and $53 at the end of the year, and it pays a dividend of $2 during the year. Calculate the stock's current yield, capital-gains yield, and the return.
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..
Assume Nail Mania advertises in the local newspaper. Each day it advertises costs $100. Over the past several months, Nail Mania has conducted market research and developed the following information Number of days advertised per week Number.
Suppose "miles driven" is expected to fall by 2% and new auto sales to fall by 13% (due to forecast recession). What is the predicted change in the sales quantity of tires If actual tire sales dropped by 18% would this be surprising
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