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IQ test scores are standardized to produce a normal distribution with a mean of µ = 100 and a standard deviation of Ó = 15. Find the proportion of the population in each of the following IQ categories.
What are the financial markets and what purposes do they serve and what are financial intermediaries? How do these intermediaries function in the economy?
1. Using the following demand and supply functions answers the following questions. Qd = 22 - 2p + 0.5Y; Qs = 15 + 4p - 2CI; where Y = income and CI - cost of inputs.
Given the above information, write an equation that represents Capriland's PPF. In your equation pianos should be abbreviated as P and cars should be abbreviated as C.
Explain whether the following government activity is motivated by a concern about equality or a concern about efficiency. in the case of efficiency, discuss the type of market failure involved - imposing higher personal income tax rates on people wit..
Compute the cross price elasticity with respect to chicken price, the advertising elasticity and the income elasticity using the information listed
Explain how would each economist explain unemployment and what policies would each advocate.
1. What do these new supervisors need to know about labor relations and the collective bargaining process
Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment
Mega Farm produces 100,000 chickens per month, at a total cost of $91,000. These data suggest that there are significant economies of scale in chicken production. Do you agree or disagree with this statement? Explain your answer.
What are the differences between the Trump and Clinton positions and that of the article. What is your opinion on U.S. trade? Do you agree with Trump or Clinton or neither? Explain.
Why has "OMG! Meiyu" been so successful in China? Why do you think people have responded so well to the program? Do you think it holds the same appeal for older Chinese as it does for younger students?
There is a consumer who has a utility function from income U1(W) = W3/4. This person gets her income from the following uncertain situation: There is a 80% chance they have an income of $256 and a 20% chance of getting $81. There is a different ..
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