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Assume a randon variable x, that is uniformly distributed between 25 and 50.
a. What is the mean of x?
b. What is the standard deviation of x?
c. What is the probability that x is between 28 and 37?
Illustrate ahat are the general equilibrium values of the real interest rate, price level, consumption, and investment.
How does an expansionary monetary policy work? (Describe the steps through which an increase in money supply affects the real GDP). How does fiscal policy work? (Describe the steps through which an increase in G or TR, or a decrease in TX, affects ..
Two articles Fed Official Expects Growth also Are Inflation Expectations Rising from the Ashes. Illustrate what exactly is the Federal Reserve.
Elucidate two reasons a single minimum salary might distort the labor market for teenage workers more than it would the market for adult workers.
Use your own employment experiences and be sure to identify the sector in question, how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle?
Dilomatic tensions over the war with Iraq also patriotic fervor led the state legislature in South Carolina to initiate a resolution boycotting French products.
What are consumption and saving in each period, assuming no borrowing constraints? What happens if the consumer faces a borrowing constraint that prevents her from borrowing?
Assume that all states adopt a serious no-fault rule to cover automobile accidents, so that it becomes impossible to sue for damages after an accident.
Show the weekly relationship among output also number of workers for a factory with a fixed size of plant.
Explain how the aggregate expenditure function shifts in response to changes in each of the following variables:
The organization you wish to pursue will convert existing hybrid Toyota Prius automobiles to plug-in hybrid vehicles.
Get Rich Company has to choose between two investment opportunities. Investment A requires an immediate cash outlay of $100,000 and provides after-tax income of $20,000 per year for ten-years.
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