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Compare and contrast the difference between nominal and real GDP. Explain the challenges that an economy will be facing if GDP is constantly changing for the various stakeholders that are involved.
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Business Economics, Economics
In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?
A survey of U.S. adults found that 69% of those who text on cell phones receive spam or unwanted messages. You randomly select 100 U.S. adults who text on cell phones. A) Determine whether you can use a normal distributi ...
The Food Marketing Institute shows that 16% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.16 and a sample of 600 households will be selected from the population. Us ...
Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
The below figure represents the potential outcomes of your first salary negotiation after graduation. Assuming this is a sequential-move game with the employer moving first, indicate the most likely outcome. Does the abi ...
As a single parent earning on a limited income, how can you stretch your grocery dollar to plan nutritious meals for you and your children? Would you seek the assistance of federal programs?
Why is the term asymmetric information in order to understand why some people are better informed than others, and the imbalance in information affects the choices they make and how they deal with one another?
Pure gasoline has an energy density of 115,600 BTU per gallon, while ethanol has an energy density of 75,670 BTU per gallon. Gasoline cost $3.70 per gallon. What would the price of E85 (85% ethanol, 15% gasoline) have to ...
Research Scenario: A social psychologist is interested in whether the number of days spent in a refugee camp predicts trauma levels in recently resettled refugees. He interviews 17 refugees to determine how many days th ...
In a certain survey of 1,040 adults, 88% reported having more than one television at home. Find the actual number of respondents corresponding to the given percentage. The number of adults who reported having more than o ...
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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