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Suppose that the long-run aggregate supply curve is positioned at a real GDP level of $15 trillion in base-year dollars, and the long-run equilibrium price level (in index number form) is 115. What is the full-employment level of nominal GDP?
Business Economics, Economics
If you are tossing a fair coin 10 times, what is the probability of getting exactly 9 heads out of the 10 coin tosses?
A company has two divisions. The first produces an operating system for smartphones. The other division manufacturers and markets its own smartphone. Of course, the company's smartphone runs on its own operating system. ...
What are the characteristics of perfect competition, and does is exist in the real world?
What is the difference between a greenfield investment and an acquisition? Which form of investment is a firm more likely to choose?
Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?
Suppose the cost function of making jackets is C(x)= x^2 - 50x+1500. How many jackets should you make to minimize the cost of the jackets? How much would be the minimum cost?
Determine the minimum sample size required when you want to be 75% confident that the sample mean is within twenty units of the population mean. Assume a standard deviation of 327.8 in a normally distributed population
I. Using the central limit theorem, what is the distribution of sample means when the population distribution is the following? PART (A) rectangular (a) positively skewed (b) uniformly distributed (c) normally distribute ...
Charlie's indifference curves have the equation xB = constant/xA, where larger constants denote better indifference curves. Charlie strictly prefers the bundle (6, 16) to a. the bundle (16, 6). b. the bundle (7, 15). c. ...
The distribution of the monthly amount women spent on supermarket in Houston city has a mean of $675 and a standard deviation of $80. A random sample of 64 families in this city is selected. Which Excel statement will fi ...
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