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1. Why would a nation "dollarize" another country's currency instead of having its own?
2. Why might Greece want to drop the euro and return to its own currency?
Business Economics, Economics
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The contents of a certain medication bottle show a normal distribution with a mean of 250 ml. and standard deviation of 5 ml. What is the probability that the mean of the contents in a simple random sample of 4 such bott ...
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1. A Wall Street Journal article noted that a study by U.S. Congressional Budget Office "estimated raising the minimum wage to $10.10 per hour reduced U.S employment by 500,000 but lift 900,000 Americans out of poverty " ...
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Consider the following Cournot oligopoly: There are two identical firms in the industry, which set their quantities produced simultaneously. The two firms face a market demand curve, Q = 120 - P, in which Q = q1 + q2. Ea ...
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A banks loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If an applicant is randomly selected, find the probability of a rating that is bet ...
Since this in an empirical question that means that 68% is in the middle and on the outer sides are the difference? The median life span of a mouse is 118 weeks Would you expect the life-span to be normally distributed? ...
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