Determine how many new jobs have to be created
Determine how many new jobs have to be created each month to keep unemployment from increasing if the labor force of 150 million people is growing by 1.4 percent per year.
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By lowering and raising the short-term interest rates to keep inflation moving at a steady pace, many central bankers and academics thought they had finally found a monetary policy solution to conquer booms and busts of the business cycle.
Discuss how much of its sales might it lose? Why? Can a competitive firm ever raise its prices if a perfectly competitive firm raises its price above the prevailing market rate?
Determine the probability that second one chosen is defective given that first one was defective? Round your answer to five decimal places (e.g. 98.76543).
Assume the two firms merge and regulators want to make sure that welfare is not decreased by the merger. Discuss how much would marginal cost have to fall in order for welfare to be identical before and after the merger?
If 52% of the samples are shipped in large packages and 48% are shipped in small packages, what proportion of samples break throughout shipment? Round your answer to four decimal places (e.g. 98.7654).
Explain the current state of the United States economy by using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve.
How many books should you review to determine the mean age (in years) of all the books in the bookstore? Assume a 96% degree of confidence that the sample mean will be in error by no more than 0.10 year.
In a study of 700 randomly chosen New Yorkers, you estimated that 130 of them had the flu. Using 95% confidence level, you should report to the CDC the true percentage of all New Yorkers with flu. What do you report to the CDC?
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