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In a school, 60% of pupils have access to the internet at home. A group of 8 students is chosen at random. Can I please receive help on determining the probability that of the 8 chosen exactly 5 have access to the internet at their homes?
Based on your research, what factors influence the prediction of future inflation rates? Contrast the relationship between the Fisher effect and interest rates, taking into account the rationale behind why the Fisher effect uses either primarily shor..
Which of the below are examples of substitute goods
The XYZ Block Company purchased a new office computer and other depreciable computer hardware for $4800. During the third year, the computer
If the market value of Fast's equity is $2,000,000 and the value of the firm's debt is equal to its book value, assuming excess cash is zero.
Suppose Regions Bank has initially $10 million in reserve, $50 million in securities and a borrowing of $5 million from National Bank. Its total deposit is equal to $50 million. The desired reserve ratio is 10%. Would you recommend any actions for th..
What would be the new U.S. domestic price? (Hint: The difference between the domestic quantities demanded and supplied, QD - QS , is equal to the quota) How much would consumers gain and domestic producers lose? What would be the eect on deadweight l..
What would happen if no one tried to manage the business cycle? What role do you see for the Executive Branch of the U.S. government in managing the business cycle? How does fiscal policy work? What are its limitations? How does monetary policy work?..
Sally Rand owns a ceiling fan company. She sells 1,000 ceiling fans at $50 each. Each fan costs her $20. She uses her own money to buy the fans; she withdraws the money from her savings account where it earns 5 percent interest. Before going into the..
If your demand for some good x is X=0.3 I/Px a) is X a normal or inferior good? Show me how you know. b) is good Y a substitute or complement for good X? Again, show me how you know.
Jerry's demand curv for offic visits is Quantity = 30 - Price or Willingness to pay for the Nth visit=30-Nth Visit. Jerry has an insurance policy with a deductible of $100, a stop loss of $200, and a coinsurance rate of 50%. Suppose all doctors charg..
Julie has $12 to spend on food and clothing. What is the mathematical expression for sJulie's MRS in terms of f and c?
Illustrate what are the advantages of using capital in the production process. What is meant by the term "division of labor".
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