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Suppose that the economy is currently at point A, and the unemployment rate at A is the natural rate. What policy would the Federal Reserve pursue if it wanted the economy to move to point B in the long run?
Computer Engineering, Engineering
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If there are 30 students total and 13 of them have blue socks and 17 have red socks. Randomly select a student from the class list. What is the probability of the student having red socks?
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Should we be renegotiating NAFTA? yes or no? If it is renegotiated, should it be replaced? What reasons would make it better in your point of view? What is the best argument you can make why NAFTA should or should not be ...
A researcher working at a particular company wants to know if workers' health would improve if they were given extra days 'off. In this company, all workers undergo a standard physical exam twice a year and after each ex ...
Imagine you've started a new pizza restaurant. It costs you about $6 to produce a pizza. Last week you sold 500 pizzas for $12 each. This week you raised your price and sold 375 pizzas for $14 each. What price should you ...
A street vendor is asking people to play a simple game. You roll a pair of dice. If the sum on the dice is 10 or higher, you win $10. If you roll a pair of 1's, you win $59. Otherwise you lose $5. If the random variable ...
Suppose that one person in 750 people has a rare genetic disease. There is an excellent test for the disease; 99% of people with the disease test positive and only 0.01% who do not have the disease test positive. (a) Wha ...
The following table records the number of days the stock market recorded the following outcomes: # of Days NASDAQ Up NASDAQ Down NASDAQ Unchanged DJIA Up 30 15 4 DJIA Down 10 40 3 DJIA Unchanged 3 5 2 What is the probabi ...
Going to concerts and reading books take time and money. Suppose a book costs $10 and takes 3 hours to read and a concert costs $20 and takes 3 hours. For a person with $80 to spend and 18 hours for these activities: a. ...
(Recursive Greatest Common Divisor) The greatest common divisor of integers x and y is the largest integer that evenly divides both x and y. What is a recursive function gcd that returns the greatest common divisor of x ...
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