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A produced 7 cups of coffee($4 a cup) and 4 cups of decaf ($3 a cap) during 2013, During 2014 , A produced 9 cups of coffee($5 a cup) and 5 cups of decaf( $3 a cup)
Calculate the CPI for 2014 assuming 2013 is the base year.
Business Economics, Economics
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IQ test scores of students are normally distributed with mean μ=100 and standard deviation σ=10. What is the 33th percentile of the IQ scores? For a randomly chosen student, what is the probability that his or her IQ sco ...
Suppose that you have $5000 and you are contemplating the purchase of two investments, IBM and Walgreen's. One year from now, IBM can be sold at $ X per dollar invested, and Walgreen's can be sold for $ Y per dollar inve ...
Please discuss the following: As demand increased for these mortgage backed securities, lenders reacted by relaxing their approval standards to increase production. No longer were "all" borrowers required to document the ...
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Suppose that there is a prize ceremony awarding prizes to 10 ?nalists. Each ?nalist is going to get exactly one prize, but assume that each has an equal probability of receiving any given prize. The grand prize is $5000, ...
Garber and Skinner suggest that the large per capital health spending in the US (and relatively low returns to health) are due to productive and allocative inefficiencies. Which inefficiency (if either) do you think char ...
How the Manager use the information "supposed the macroeconomic forecast predict that the economy will be expanding in the near future" in an organization?
Below is my attempt at answering a quiz question and I am seeking feedback (my answers are in bold): The Final Exam scores for all students enrolled in STAT 200 have a mean score of 72. One randomly selected section of S ...
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