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Suppose every member of Congress genuinely believes that government expenditures are excessive and ought to be reduced by at least 10 percent. Why would this not be sufficient to assure a 10 percent reduction?
Business Economics, Economics
Why would the Australian government debt be consider not too high?
The monthly sales demand for a new product is uncertain, but it is considered to be adequately described by a normal random variable with mean 50,000 units and variance 100,000,000. (a) A factory to manufacture the new p ...
Autonomous consumption = 660 Marginal propensity to consume = 0.8 Autonomous taxation = 200 Income tax rate = 0.2 Planned investment = 500 Government spending = 500 Autonomous net exports = 300 NX = 0.04 Calculat ...
How do you calculate the annual interest rate of 12% compounded monthly. I know how to do for annually but not monthly. You are offered the opportunity to put some money away for retirement. You will receive 10 annual pa ...
Briefly explain the meaning of the t-test for regression analysis. How can the "rule of two" be used to evaluate t-ratios?
There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve? What is market supply? Wha ...
When a country is closed, Qconsumed= Qproduced. When a country opens to trade, this condition is not necessarily true; what condition must hold?
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 ...
Given the probability distribution function: x 0 1 2 Probability 0.25 0.50 0.25 a. Graph the probability distribution function. b. Calculate and graph the cumulative probability distribution. c. Find the mean of the rand ...
41% of the doctors in America are dentists. If a random sample of size 826 is selected, what is the probability that the proportion of doctors who are dentists will be less than 40%?
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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
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