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You only buy apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write the equation for the budget line with bananas on the y-axis. Is that equation unique?
Business Economics, Economics
How can governance failures such as that of Enron which resulted in major global turmoil be avoided
According to a research? institution, the average hotel price in a certain year was ?$95.36. Assume the population standard deviation is ?$20.00 and that a random sample of 42 hotels was selected. a. Calculate the stand ...
Sally purchases hardwood lumber for a custom furniture-building shop. She uses three suppliers, Northern Hardwoods, Mountain Top, and Spring Valley. Lumber is classi ed as either clear or has defects. Sally estimates tha ...
Consider the market for small business loans. In the context of this market. How adverse selection impact lenders. How does adverse selection impact borrowers? In the context of this market provide 2 things that a lender ...
A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...
The police lieutenant in charge of the traffic division reviews the number of traffic citations issued by each of the police officers in his division. He finds that the mean number of citations written by each officer is ...
Suppose that the six students listed below have applied for a bursary. 1. Justin 2. Gordon 3. Ahmed 4. Melanie 5. Olga 6. Ian Only three students can receive the bursary. Because they have all met the criteria for the bu ...
Could you please help me to solve the following economics question? "Universal Studios has decided to open a new theme park called Universal Studios Indiana. It will feature the usual attractions other Universal Studios ...
Suppose that Third National Bank has reserves of $20,000 and check able deposits of $200,000. The reserve ratio is 10 percent. The bank sells $20,000 in securities to the Federal Reserve Bank in its district, receiving a ...
The Twin Crises: what are the Causes of Banking and Balance-of-Payments Problems?
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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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