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Suppose you place 6 green, 8 blue, and 2 yellow marbles in a non-transparent bag. You then randomize the marbles by shaking them up thoroughly. Assume you then randomly select two marbles from the bag without replacement.
What is the probability of selecting two green marbles?
Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates?
The key feature of the production function is that the marginal impact of capital per worker k = K/L on Y/L decreases as K/L increases.
Calculate the equilibrium price and quantity in this market and illustrate this graphically. Calculate the price elasticity of demand at the equilibrium. Is this elastic or inelastic?
Elucidate whether each of the subsiquent would make fiscal policy more effective or less effective
Explain the impact of China, as an emerging economy, on the global economy today. How is the U.S. economy affected by monetary policy in China and the current USD/yuan exchange rate?
Consider a small open economy with desired national saving of S = 20 + 200r* and desired investment of I = 30 - 200r*.a. Calculate national saving(S), investment(I), and the current account balance(NX or CA) in equilibrium when the real world interes..
Bond Equivalent Yields Suppose a T-bill has 75 days to maturity and an asked discount of 4 percent. What is the bond equivalent yield?
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
Suppose Morgan Guaranty, Ltd. is quoting swap rates as follows: 7.75 - 8.10 percent annually against six-month dollar LIBOR for dollars and 11.25 - 11.65 percent annually against six-month dollar
Sara devoted all her resouces for growing potatoes, she can raise 200 pounds of patotoes per year. If she devotes all her resources to raising chickens, she can raise 50 chickens per year.(If she apportions some resources to each, then she can pro..
Calculate the equilibrium values of consumption expenditureand the Government's budget balance.
Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change.
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