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The diameter of gears produced by a milling machine follows a normal distribution with a mean of 25.03 mm and a standard deviation of 0.012 mm. If a gear has a diameter of less than 25.00 mm it is too small and needs to be scrapped. If a gear has a diameter more than 25.05 mm it is too large and needs to be scrapped.
Required What proportion of gears are the right size (that is, don't need to be scrapped)?
What is the price of the derivative in (a). Solve by forming a risk-less portfolio. Round to one decimal place.
Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages.
Why is government spending an important factor in economic stability? What actions might the federal government and the Federal Reserve take to give the economy
Describe the relevant issues and their impact on the project. How would you handle addressing them with the customer who is requesting the change?
Alternative Distributor Corp., a distributor of groceries and related products, is headquartered in Medford, Massachusetts.
Suppose you are able bodied and intelligent, but lazy. You would rather sit home and watch tv than work, even though you know you could find an acceptable job if you looked. a. Are you officially unemployed b. Are you a discourage worker
What would total wages paid and business incomes be in each country given employment conditions in (a)? If 20 workers migrate from country Y to country X, what will happen to wage rates, output, business incomes, and total wages?
Write down the budget equation that you would have after you paid the entry fee for each of the two plans.
describe a scenario where either the supply or price of a good or service is intentionally limited by the government.
Identify each of the following policies as either fiscal policy or monetary policy and explain why for each question. The cash for clunkers program which provided a tax credit for purchasing a new vehicle.
Use the table below showing the quantity demanded
please show a breakdown analysisa study has estimated the effect of changes in interest rates and consumer confidence
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