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'"Consider the average home mortgage in New Zealand of $283 000 where the standard deviation of the mortgages is $50 000 and home mortgages are normally distributed. If a home is known to be more than $250 000, what is the probability that it is less than $280 000?"
q. for two weeks record the price and quantity of your purchases of a gasoline and b one other item you buy regularly
John Cardinals has decided to purchase a house in Moncks Corner, SC. The price of the house is $ 80000 after a down payment of $ 20000. The Bank of America will finance the purchase for 25 years at 9%. Advise about which choice he should take and the..
Use your own life experience to explain the difference between the marginal and the average propensity to consume. In what circumstances could more saving be bad for the economy as a whole (search the Internet for the “paradox of thrift”)?
Using the circular flow (inner-tube) model for national income, what would be the effect of an increase in taxes, taken alone (that is, all other factors remaining unchanged)?
We present empirical evidence that the buffering effects of foreign banks in the Asian banking markets on the efficiency of monetary policy transmission during crisis periods become more conspicuous under conditions, when an expansionary monetary pol..
What is the size of the recaptured depreciation or loss at disposal using the following depreciation methods?
Private pay patients have a price elasticity of demand of -3. What do you charge them? The union has negotiated a fee of $50. Is it profitable to treat members of the union?
Ketchup is a complement (as well as a condiment) for hot dogs. If the price of ketchup decreases, using a supply and demand diagrams for hot dogs, show what happens to equilibrium price, equilibrium quantity for hot dogs, and total revenue for produc..
Think of a company (such as Apple Computers or Samsung) with which you are familiar. In a response of no less than 250 words, what are the three most relevant environmental categories that need scanning for that company? How have those categorizes im..
What type of cost has NO impact on determining the profit-maximizing sales quantity? To earn the greatest possible profit, a firm must: In which situation might a company NOT want to maximize profit?
Consider a new per-worker employment tax on workers (where previously there was no tax). Outline the consequences of this tax on the local labor market. Use appropriate, clear, and well-labeled diagrams. In your answer show (1) the burden of the tax ..
A Mexican restaurant offers a special menu for children for which there is a choice of a beef taco or a chicken burrito with either french fries, refried beans or a salad, plus one of four beverages. How many special menu possibilities are there?
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