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We know that the probability of student X coming to GMU on Monday is 75%. We also know that the probability of student X being sick on Monday is 5%. If the probability of student X being sick, given that they've come to GMU, is 1%, then what is the probability of student X coming to GMU, given that they are sick?
(Note: Provide your answer as a decimal number. For example: for an answer of 1% enter 0.01)
Which of the following statements best reflects the macroeconomic advice of the great economist John Maynard Keynes?
Consider we have the data for the competitive market of burgers. The market equilibrium quantity is 180, the market equilibrium price is $3.
If marginal cost exceeds marginal revenue, a profit-maximizing monopolist will
Considering companies operate in their own self interest, should cartels be legal.
Suppose a foreign investor who holds tax-exempt Eurobonds paying 9% is considering investing in an equivalent-risk domestic bond in a country with a 28% withholding tax on interest paid to foreigners. If 9% after-tax is the investor's required return..
Explain what an indierence curve is. Explain why an indierence curve always has a negative slope. Indierence curves are concentric to each other. What does an indierence \above" another indierence curve indicate? Can an indierence curve bend up? Expl..
Is Cable & Wire liable to Earthbound Resources under the contract? Is Becca liable? In each case, if so, why? If not, why not??
Does the factor proportions theory shed any light on Mexican migration to the Unites States? How does it account for US direct investment in Canada?
Consider the Solow growth model with the production function Y=F(K,L)=KL/K+L. a . Find the production function in terms pf capital per labor. b. What is Solow's equation for the evolution of the capital/labor ratio? c. If capital depreciation rate is..
What do you think are the most significant challenges Clare faces in addressing welfare reform? What is your assessment of the most important stakeholders and what are their incentives to take action? What general quasi-experimental evaluation design..
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
What is an innovation economy? How does it differ from a traditional manufacturing economy?
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