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When a roulette wheel is spun, the possible outcomes are 0, 00, 1, 2, ..., 36. if you bet on a number coming up, you win $35 if your number comes up and you lose $1 otherwise. What is the mean and standard deviation of your winnings on a single play of the game? How much will you win/lose on average if you play the game 10 times?
Illustrate what is the macroeconomic relationship with the article, "Squaring the Economic Circle" by Art Buchwald.
What are vertical equity and horizontal equity? Consider what is meant by the efficiency of a tax system?
Hong Kong's monetary authority fixes exchange rates against the US dollar and maintains free capital mobility. Assume that goods prices are sticky in the short
Outlining what firms need to do in order to bring in the most talented people (from anywhere) and make the fullest possible use of their abilities.
There are many factors that companies have to watch when they expand to a new foreign market - in your opinion, what is the most challenging risk to consider from a financial stand point?
(External Costs with Variable Technology) Think of an industry that pollutes water and has access to variable technology for reducing that pollution. Graphically illustrate and explain the impact of each of the following, other things constant, on th..
A 5-year, 12% bond pays semi-annual coupon payments. If the face value is $1,000 but the bond sells for $1,100, what is the annualized yield on the bond?
Illustrate what would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case. Explain why the output level changes.
Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures?
Suppose that there are two goods, apples and oranges, and two individuals, John and Mike. John has four apples and two oranges, and Mike also has four apples and two oranges. We will call this “point A.” Define what it means for an allocation of good..
Suppose that the initial loan is $19,000 and the interest rate is 1.1% per month. Interest due is paid at the end of each month. $9,500 of the original unpaid balance is to be repaid at the end of months two and four only. How much total interest wou..
A brief look at Viet Nam's banking system, including its development, the role of the central bank, the currency, and the central bank’s influence on the level of prices. Interaction of the monetary system with the government’s fiscal policy, includi..
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