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The following equations describe an economy. (think of C, I, G, etc., as being measured in billions and i as a percentage; a 5 percent interest rate implies i = 5.)
C = 0.8(1-t)Y
T = 0.25
I = 900-50i
G = 800
L = 0.25Y - 62.5i
M/P = 500
a) What is the equation that describes the IS curve?
b) What is the general description of the IS curve?
c) What is the equation that describes the LM curve?
d) What is the general description of the LM curve?
e) What are the equilibrium levels of income and the interest rate?
Describe how to simulate a single shot if the probability of making each shot is 0.8. Then describe how to simulate 5 independent shots.
Three-dimensional (3D) printing is a manufacturing technology that allows the production of three-dimensional solid objects through a meticulous layering process performed by a 3D printer.
Determine the expected value of the sample mean. - Determine the variance of the sample mean. - Determine the expected value of the unbiased sample variance.
Suppose that of a population of N items, k are defective in some way. For example, the items might be documents, a small proportion of which are fraudulent.
The following probability distribution shows the likelihood that people were absent 0, 1, 2, 3, 4, or 5 days last month. Given the probability distribution, which of the following predictions is correct?
1. Explain the differences between Project and General Management?
Test the company's advertised claim that the net weight of a bar is 58.7 grams by performing a t test on the following data, which are in grams. Find d. Write a conclusion about Snickers bars.
Is the strict preference relation amassing the greatest number of Condorcet points unique? If yes, prove this claim. If no, present a counterexample.
Discuss the philosophy of the progressive era. Why did the progressive reformers decide to approach the issues like they did?
A's value is 100. b's value is 70. and the merger of B by A creates a present value cost saving of 20. assume A pays 75 for B. What is the merger Gain?
In a random sample of 10 Wisconsin high school students, what is the probability than 8 or fewer will graduate?
(The Poisson distribution can be used to approximate the binomial distribution when n is large and p is small-say, p less than 0.1.
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