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Test scores for a history class a normally distributed with a mean of 86 and a stanard deviation of 6. Find the Zscore for sam, who scored 60 on the test. Is SAM 's score a potential outlier?
What is the numerical value of the saving rate maximizes steady state output per effective worker? Clearly explain why households would have a problem with this saving rate. In the steady state, what are the growth rates of Y /(EL), Y /L, and Y ? Pol..
Suppose that in elections President Push wanted to help out Congressional candidates in his party by making the economy look strong: high GDP figures and low inflation. Discuss the short-run and long run implications of the president’s fiscal policy ..
Can you come up with any examples of either adverse selection or moral hazard affecting you or someone you know in their family life, love life, or job? (Here’s one to get started on: Is an obnoxious guy or an interesting guy more likely to start a c..
What is the marginal opportunity cost of producing the second unit of clothing? What is the total opportunity cost of producing the second unit of clothing? What is the marginal opportunity cost of producing the third unit of clothing? What is the to..
Suppose that two consumers A and B buy two goods, food (F) and clothing (C). Consumer A’s preferences are represented by the utility function U(F,C) = 5*F*C, while consumer B’s utility function is U(F,C) = 0.05*F2*C2. Using a graph with F on the hori..
What are the key assumptions of the Lewis model that give rise to its conclusions? How would the theory’s conclusions differ if these assumptions do not hold?
Explain about the barriers to change. Give a example for people barriers, technology barriers, infrastructure barriers and process barriers of your organization
You bought 300 shares of General Electric (GE) stock at $3,200 on May 21, 2013. Your intention is to keep the stocks until they double in value. If you expect 8% annual growth for GE stock, how many years do you anticipate holding onto the stocks Com..
A firm has the opportunity to invest in a project having an initial outlay of $20,000. Net cash inflows (before depreciation and taxes) are expected to be $5,000 per year for five years. The firm uses the straight-line depreciation method with a zero..
No additional working capital is needed and no working capital will be returned. If your tax rate is 35% and you require a 14% return on your investment, what bid price should you submit?
A city government in Arizona is considering a new waste disposal system. It has two options. Option A needs an outlay of $500,000 and requires O&M costs of $50,000 annually
Suppose that the equilibrium real federal funds rate is at 4% and the target rate of inflation is 1 percent. Use the following information and the Taylor rule to calculate the federal funds rate target:
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