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The main job of the bureaucracy is to _____, which is seen as an extension of how the president executes laws
a) execute the laws
b) enforce the rules
c) enforce Supreme Court decisions
d) enforce Congressional orders
Business Economics, Economics
How could advertising be a barrier to entry? Could advertising reduce barriers to entry for a new product? Presumably drug companies are trying to differentiate their products from the competition. Will consumers be bett ...
Find the five number summary, Range, and interquartile range, and midrange for the data: 52,27,36,69,43,59,40,70,32
You've entered a contract to purchase a new house, and the closing is scheduled for next week. It's typical for some last-minute bargaining to occur at the closing table, where sellers often try to tack on extra fees. Yo ...
We have bottles of milk that have a mean of 20 oz and standard deviation of 0.02. What is the probability that a bottle would have a mean of more than 20.3 oz?
You sell bicycle theft insurance. If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem?
The equation used to predict how long a cold will last is y=-1.8 + 0.09x1 + 3.2x2 - 1.9x3, where x1 is person's temperature on the first day, x2 is number of people seen each day, and x3 is the amount of sleep the person ...
If there is an increase in demand for a service, and a decrease in supply of the service, what impact will that have on the equilibrium price and quantity for the service?
A National Center for Health Statistics report based on 1985 data states that 30 percent of American adults smoke. Consider a simple random sample of 17 adults. Find the probability that the number of smokers in the samp ...
During a certain week the mean price of gasoline was $2.719 a gallon. A ronadom sample of 32 stations is drwn. What is the probability that the mean price was between $2.695 and $2.716. Assume o=$0.048.
Suppose that a firm had a production function given by: q=L0.25K0.75. The wage rate (w) is $5 and the rental rate (r) is $10. Calculate the amount of labor the firm would hire when it produces 400 units of output in a co ...
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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