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If you select 5 microprocessors from 100 microprocessors, where 30 of the 100 are defective, what is the probability that you select no defective processors?
Thelma and Louise are neighbors. During the winter, it is impossible for a snowplow to clear street in front of Thelmas house without clearing the front of Louises.
The Federal Reserve System is structured in such a way as to insulate monetary policy from the political pressures characteristic of the rest of our political system of representative democracy.
In the equation C = a + bY, which describes the aggregate consumption function, 'b' stands for?
Nowadays, like magic, there are social network-based recommender systems, proximity location-based application and a handful of other models and features. Seeking a recommendation (for anything) these days is only a click away!
The question is belongs to Economics and it is explore about choosing the best country for manufacturing, in terms of rate of exchange. Four countries viz, Mexico, Japan, China and India have been given with their currency exchange rates.
The demand and marginal revenue curves faced by a firm in a purely competitive market. they different from those faced by a firm in oligopolistic competition.
Suppose someone tells you that, over time, free trade is helping capitalists and harming workers. What fact would you cite to challenge this statement?
B2. Suppose that consumers become pessimistic about the future health of the economy, and so cut back on their consumption spending. What will happen to aggregate demand and to output? What might the government have to do to keep output stable?
Describe how marginal utility and the selling price of a goods/services determine: 1) Which goods and services are purchased first and 2) What quantities of a good or service are purchased. Explain fully.
More demand and supply should be included in your analysis Warning: you are not required to "prove" or show your selection of the determinants of demand and supply. But your discussion and selection must be reasonable.
Explain whether the following government activities is motivated by a concern about equality or a concern about efficiency. In the case of efficiency, discuss the type of market failure involved- regulating cable TV prices.
Define the Inflation rate and explain how measurements of the Inflation are constructed. Describe and explain the sources of inflation in the macroeconomy.
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