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Explain why high import tariffs on imported goods do not help lower domestic unemployment in the long run. There are two separate answers and they are both in the book. Reason one: Reason two:
Business Economics, Economics
Suppose you are working for a regional residential natural gas utility. For a sample of 90 customer visits, the staff time per reported gas leak has a mean of 206 minutes and standard deviation 32 minutes. The VP of netw ...
From a random sample of 68 businesses, it is found that the mean time that employees spend on personal issues each week is 5.8 hours with a standard deviation of 0.35 hours. What is the 95% confidence interval for the am ...
Why did prior to 1945 nearly all neoclassical economists agreed that democracy and capitalism were natural enemies?
Some residents of the village of Taugswater have proposed purchasing logging permits relating to a nearby wilderness area. The majority of residents agree that the purchase of permits, to be set aside and not used, is th ...
What are the implications of outsourcing key public responsibilities to global corporations for the Australian state and society?
A $1000 utility bond with 14 years remaining before maturity can now be purchased for $760. It pays interest of $20 each 6-month period. What rate of return is earned by purchasing the bond at the current market price pl ...
Suppose a sampling space has things a, b, and c. Twice draw from the sample space and replace. The possible sequence formed are {aa,ab,ac,ba,bb,bc,cacb,cc}. Now suppose there are Y different things. There are Y ways the ...
Assume the random variable x is normally distributed with a mean u=80 and a standard deviation o=4. Find the indicated probability. P(69 P(69 Round to four decimals places as needed.
Consider simple linear regression yi = β0 + β1xi + εi. (1) Let zi = a+ bxi and yi = γ0 + γ1zi + δi . (2) Show that the predicted values of the least-square estimators in (1) and (2) are identical for all xi and zi
Given a binomial random variable, X = # successes, where the sample size (n) and the probability of a success (p) are given on right, calculate P(X n =20 p =0.3 a =2 Given a binomial random variable, X = # succ ...
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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