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1. Explain how U.S. currency is suitable to use as a medium of exchange.
2. Why will there be less crowding out of private spending by government spending the less sensitive consumption, investment, and net exports are to changes in interest rates?
Business Economics, Economics
If 63 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets. Use a graphing calculator and round the answer to six decimal places. P(win bot ...
How does a high-tech industry differ from most other industries? Provide two examples.
The reason that would cause movement along demand curve is 1) income of the buyers. 2) availability of close substitutes. 3) a change in the price of the good itself. 4) non of the above
Suppose P(A)=0.2 P(A)=0.2 and P(B)=0.4 P(B)=0.4.If A and B are disjoint, what is the probability that A or B occurs?P(A∪B)= If A and B are independent, what is the probability that A or B occurs?P(A∪B)=
A researcher conducted a one-sample z -test with alpha set to 0.05, and calculated a test statistic of 1.99. The null hypothesis was H 0 : μ = 500 and the critical values were +1.96 and -1.96. Which is the most appropr ...
Economics - Unemployment What kind of monetary and fiscal policies could be introduced to reduce unemployment? Why would we expect these policies to have inflationary consequences? Illustrate your answer diagrammatically
You have been selected to participate in a free-throw challenge for the halftime entertainment during a basketball game. You will have the opportunity to shoot 2 baskets, from the free-throw line. If you make one basket, ...
What level of measurement is required for qualitative variables? What level of measurement is required for quantitative variables? Can both types be used to describe both samples and populations? Why or why not?
Model this situation using a game table. Hawk and Dove: Two animals are fighting over some prey. Each can be passive or aggressive. Each prefers to be aggressive if the other is passive, and passive if the other is agg ...
Provide examples of an example of an inelastic good and an elastic one for your household?
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As