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Hong Kong's embattled leader on Wednesday unveiled her government's biggest coronavirus financial relief package so far, offering a HK$137.5 billion (US$18 billion) lifeline to save ailing businesses and ensure some 1.5 million workers would continue to get paid in the tough months ahead
The government would, through employers, pay 50 per cent of salaries for half a year, each worker's monthly subsidy capped at HK$9,000Many small businesses are seriously affected by the Coronavirus. For example, some Chinese restaurants revealed that they might close their business in next few months. 1 Coronavirus: Carrie Lam unveils Hong Kong's biggest Covid 19 relief package yet, worth HK$138 billion, to ensure 1.5 million workers still get paid.
a) Starting with long run equilibrium, show how small business are affected by the Coronavirus. Explain with aid of diagram.
b) The Hong Kong government proposed to subsidize the salaries of business. Discuss why some small business still decide to close in short run. Explain with aid of diagram.
Compute the expected return for each alternative. Based on their expected returns, would you rather invest your money in the stock market or in gold?
Compare your best difference to the result from an ordinary two-sample t-test between these groups. Comment the difference.
Can we conclude that wrapping foods in familiar packaging increased the number of bites that children took compared to plain packaging?
An economist wishes to determine whether people are driving less than in the past. In one region of the country the number of miles driven per household.
The diameters of oranges in the certain orchard are normally distributed with the mean of 5.26 inches and a standard deviation of 0.50 inches.
Pick a color that you suspect will be less popular than others. Using software to access the survey data, report the sample proportion who preferred the color y
Consider a sample space of three outcomes A,B,and C. Which of the following represent legitimate probability models?
OBESITY IN CHILDREN Researchers weighed 1976 3-yr-olds from low-income families in 20 U.S. cities. Each child is classified by race (white, black, or Hispanic).
There are boxes, each with two drawers. Box 1 has a gold coin in each drawer, and box 2 has a silver coin in each drawer.
The classical probability model is based on the assumption of equally likely outcomes. Some care must be shown in analysis to be certain that this assumption.
A model of an automobile driver attempting to steer a course is shown in Figure P9.18, where K = 5.3. (a) Find the frequency response and the gain and phase margins when the reaction time T is zero,
A federal bank examiner is interest in estimating the mean outstanding defaulted loans balance of all defaulted loans over the last three years. Calculate a 90% confidence interval for the mean balance of defaulted loans over the past three years.
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