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A recent survey found that 18% of all people 16 years of age and older do volunteer work. Suppose a random sample of 250 people 16 years of age and older is taken. What is the probability that more than 21% of the people in the sample do volunteer work?
q1. according to okuns law if output grew 7 and full-employment output rose 5 what would be the change in the
International business refers to any commercial transaction that crosses the borders of two or more nations. The commercial transaction are manifested mainly in
Sandy could take a job paying $10,000 a year when she graduates from high school, or she can go to college and pay $9,000 a year for tuition. Measured in dollars, what is her opportunity cost of going to college next year?
"As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional..
Is it possible for the employ rate of a nation to fall even if the nation has no new jobs that are being created?
Suppose a person has $20 to spend on music and likes both rap music (R) and country music (C) with a set of preferences so that U=C^1/2R^1/2. Suppose that the iTunes price of a rap music song is PR=2 and the price of a country music song is PC=1. Wri..
What are definitions for Social Democracy, Communism, Mercantilism, Institution, Informal Institution, Formal Institution?
What is the net present value of the new line at a discount rate of 11.5 percent and a tax rate of 35 percent?
A mining company is interested in obtaining the demand curve for coal. The firm's research department informs you the price elasticity of demand is -0.748, and the current price and quantity are $41 and 1,206 respectively. Price is measured in dollar..
Assume a closed economy described by the following equations: C = 300 + 0.6(Y-T) ; I = 500 - 40R; G = 200; T = 200; M = 2800; (M/P)d = 4Y - 100R; SRAS: P = 1; LRAS: Y=1000 a) Find the government purchases multiplier and interpret it.
Find a purely/perfectly competitive industry. State why this industry is a purely competitive market. Give examples as to why. Please use the drop box to submit your extra credit assignment.
A researcher is using data for a sample of 274 male employees to investigate the relationship between hourly wage rates Yi (measured in dollars per hour) and firm tenure Xi (measured in years). Preliminary analysis of the sample data produces the fol..
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