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-You apply for 14 jobs. Each application has a 40% chance of leading to an interview. Every interview has a 60% chance of leading to a job offer. Hint: keep your head straight about which P(Success) applies to which part and it will be easy!
-What is the chance that an application leads to a job offer?
-What is the expected number of interviews?
-What is the expected number of job offers?
-What is the chance you get exactly 3 job offers?
-What is the chance you get exactly 7 interviews?
-What is the chance you get exactly 3 job offers if you get 6 interviews?
What is the P-value in a hypothesis test? How do you know when to fail the null hypothesis?
How does a fiscal policy affect the AS-AD curve? Lets say for example have an equilibrium output of 1600 and full employment level of 1200 meaning i have an inflationary gap of 400 so i might want to fix this by applying a fiscal policy that increase..
Consider the Focus on immigration. Does the current law appear discriminatory against women (both domestic and foreign)
State the elasticity of the monopoly firm demand curve - Suppose the demand and cost curves result in ABC Inc. Ltd earning an economic profit. Do you think ABC
a. If people hold all money as currency, what is the quantity of money (money supply)?
Suppose in Fiscalville there is no tax on the first $10,000 of income, but a 20 percent tax on earnings between $10,000 and $20,000 and a 30 percent tax on income between $20,000 and $30,000. Any income above $30,000 is taxed at 40 percent. If your i..
After one year, the investor claims the coupon payment and then sells the bond in the marketplace to an investor demanding a 5 percent yield to maturity.
Illustrate the graph for a natural monopoly. Where is price efficiency on the graph? Describe three consequences of price efficiency.
Say y store it as cash in a mayonnaise jar in kitchen cabinet. What would this do to circular flow of income and spending. How would businesses react to household hoarding.
The questions on this homework deal with an economy called Economica. Calculate the money supply (M1) using the "simplified definition method." Assume the information given here is the only relevant information. Carefully follow all numeric instructi..
If the probability of Verizon not advertising even though AT&T does not is 10 percent, what is expected payoff to AT&Ts decision to not to advertise?
What is liquidity? Why is money the most liquid of all assets? Explain how the fed increases the money supply when it buys bonds in the open market? What are the three reasons that people want to hold money balances? What kinds of employment are asso..
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