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Suppose you have hired a new worker, unfortunately you do not know if the worker is a shirker or a hard worker. Suppose working hard raises the probability of making a sale from 40% to 80% (thus raises the probability of making a commission C by the same percentage). If the cost of working harder is $150, what commission C should you offer the worker to provide an incentive to work hard.
Fifteen batteries are tested to determine whether the battery life is as long as advertised. Four batteries fail the test. From all fifteen
In addition, the bank deposits in Japan pay a 3% interest rate. a. Compute the interest rate paid on Korean deposits.
q.firms often face the problem of allocating an input in fixed provide among different products. find out the optimal
List all the tools of monetary policy. List two monetary policy targets. List two ultimate goals of monetary policy. B) Explain how the bank credit channels (two channels) of monetary policy transmission operate.
After an unanticipated dollar appreciation has occurred, what recommendation a company such as Cummins Engine to do with its strong domestic currency?
Is it acceptable for other countries to attempt to gain unauthorized access to US government networks? Why or why not?
Using the loanable funds model, graphically illustrate and indicate the impact on i and q if the U.S.
A local car dealer is advertising a 24 month lease of a sport utility vehicle for 520 payable at the beginning of each month. the lease requires a 2500 down payment plus a 500 refundable security deposit that is refunded at the end of the 24 month le..
a) Why there is likely to be an increase in measured global GDP in this case. b) Is GDP is a 'good' measure of progress in this case.
q.suppose that there is a unit mass of consumers who are uniformly distributed on the segment01. two firms are located
q. suppose a government has no debt and a balanced budget. suddenly it decides to spend 1 trillion while raising only
Compare and contrast for-profit and non-profit organizations. Compare and contrast in terms of economic policies.
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