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If the average adult produces @20,000 of output per year, how much global output is lost as a result of adult deaths from secondhand smoke?
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Suppose that Serendipity Bank has excess reserves of $12,000 and check able deposits of $150,000. If the reserve ratio is 20 percent, what is the size of the bank's actual reserves?
What is the usefulness of the total revenue test for price elasticity of demand? What are the factors that affect price elasticity of demand and price elasticity of supply? What are some applications of each?
What, in your view, are some of the key problems in the Chinese economy? How would you address these problems if you were asked to provide policy advice to the Chinese government?
Doctor wants the estimate the HDL cholesterol of all 20 to 29 year old females. How many subjects are needed to estimate the HDL cholesterol within 3 points with 99% confidence assuming o=18.2? Suppose the doctor would b ...
You spoke with 10 people you know and found that they went out 3, 2, 1, 5, 4, 2, and 3 times last week. You then would choose to calculate a 95% (or another level) confidence interval for the population mean.
Why does some workers earn higher wages than others, some landowners higher rental income than others, and some capital owners greater profit than others? (Example)Why, in particular, do computer programmers earn more th ...
What is the theory of consumer choice and how it consumers facing trade-offs make decisions and how they respond to changes in their environment?
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 ...
Indifference Curve and Budget Line Annie has an income of $180 an hour. Popcorn costs $6 a bag, and costs $4 a six-pack cola a. Draw a graph of Annie's budget line with six-pack of cola on the x-axis , and popcorn on th ...
A sample of 1,000 crop-eating beetles are collected and closed and dosed with a new pesticide. Researchers count dead beetles to measure toxicity of the pesticide, finding that 639 beetles die after being dosed. the samp ...
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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