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In a Poisson distribution U=4. A) What is the probability that X=2? B) What is the probability that X is 2?
1. What is law of diminishing marginal utility? 2. Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0
Compute the mean and variance of the following discrete probability distribution. Where X=2, and P(x)=.5. Where X=8 and P(X) .3. Where X=10 and P(X) =.2.
what is automatic stabilizer, example with diagram or graph please
The LM-curve in the AS-AD model The LM-curve will shift upwards (downward) when P is increases (decreases) in the AS-AD model is moved L
what is real and norminal interest rates?
Explain what convex indifference curves means in terms of marginal utility. What properties must a utility function have in order to obtain convex indifference curves?
There are three industrial firms in a quaint town of South Orange where the municipal government wants to reduce pollution to 120 units from uncontrolled level of 210 units. Three
#types of economic systems
Lucas’ point of view, what are the limitations of the Keynesian model? What improvements does he suggest?
tax be cut as the main policy target
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