Probability of jet fighter surviving combat mission
The probability of jet fighter surviving combat mission is 0.8 and three fighters are required for the success of the mission. How many fighters should be sent on the mission in order to attain a 95% probability of success?
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Investment is $2 trillion, consumption is $6 trillion and the government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Identify the net exports and solve for the level of aggregate demand.
Explain what factors might cause this change in aggregate demand? Determine the new level of real output and the equilibrium price level?
What might you expect to happen to real GDP (real output) and inflation rate if there is a decline in the money growth? Is everybody worse-off when IRs rise?
Assume that, initially, the Michigan economy is in equilibrium with no unemployment. The demand for workers is ED = 16,500,000 - 300w and the supply of workers is ES = -1,000,000 + 200w, where w = annual wages, and E = number of employed workers.
Mary's budget constraint is given by Px=$5, Py=$2 and Px X + PyY = 60. Assume the Mary's utility function is given by the equation U=XY, where U is the level of utility determined in the utile and X and Y refer to good X and good Y respectively.
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Exchange rate movements are difficult to calculate and yet their movements can have a most important impact on the competitive position of business.
Determine the probability that his flight is on time AND his luggage makes the connecting flight? Determine the probability that his flight is on time OR his luggage makes the connecting flight?
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