Suppose this commuter is working 5 days a week. How many times during a week would she expect to stop at a red light on her way to work? a) 10 b) 2.35 c) 11.75 d) 4 17. Suppose X is a random variable with mean µX and standard deviation σX. Suppose Y is a random variable with mean µY and standard deviation σY. The mean of X + Y is a) µX + µY. b) (µX/σX)
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diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic of Communia are highly unionized‚ while workers in the Republic of Individuela are not. In all other respects‚ the two countries are exactly the same. Then Communia is likely to have a higher natural level of output than Individuela. 2. Suppose there is a decrease in the price level from P to P’. Given the stock of nominal money‚ M‚ this leads to an increase
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Taja Charrier LSP 120 11/4/13 Activity 12 1. Suppose that you deposit $500 in a bank that offers an annual percentage rate of 6.0% compounded annually. a. What is your account balance after one year? 530 b. What is your account balance after 10 years? 895.42 2. How long will it take your money to triple at an annual percentage rate of 8% compounded annually? 14.27 years 3. Suppose that you deposit $750 in a bank that offers an annual percentage rate of 4.0% compounded monthly. a
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unanticipated inflation; URP = unanticipated change in the risk premium between risky bonds and default-free bonds; UBR = unanticipated change in the difference between the return on long-term government bonds and the return on short-term government bonds Suppose a particular asset had the following betas: ßIP = 1.1‚ ß∆EI = 2‚ ßUI = 3‚ ßURP = 0.1‚ ßUBR = 1.6. Calculate the expected monthly return on the asset. Monthly return 0.00946 Monthly % return 0.946 Annual return =(1.00946)^12-1 0.119616721 Annual
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Chapter 2 1) Suppose a new discovery in computer manufacturing has just made computer production cheaper. Also‚ the popularity and usefulness of computers continues to grow. Use Supply and Demand analysis to predict how these shocks will affect equilibrium price and quantity of computers. Is there enough information to determine if market prices will rise or fall? Why? 2) Suppose the cable TV industry is currently unregulated. However‚ due to complaints from consumers that the price of cable
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MGEB06 – LEC 01 & LEC 02 Macroeconomic Theory and Policy: A Mathematical Approach Assignment 1 Due: On or before Friday‚ October 4‚ 11:30am Rooms: LEC01 IC 284 (Professor Parkinson’s office) LEC02 IC 286 (Professor Au’s office) (Note: Assignments submitted after Friday‚ October 4‚ 11:30am WILL NOT BE accepted under ANY circumstance.) Instructions: You can submit an individual or group assignment. If you submit a group assignment‚ there must be no more than FIVE students
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2010 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (15 marks‚ 3 marks each: 1 mark for correct judgment and 2 marks for correct argument) 1. Suppose that workers in the Republic of Communia are highly unionized‚ while workers in the Republic of Individuela are not. In all other respects‚ the two countries are exactly the same. Then Communia is likely to have a higher natural level of output than
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will increase the demand for labor. b. Labor-saving technology will increase the demand for labor. c. Labor-augmenting technology will decrease the demand for labor. d. A decrease in the price of output will increase the demand for labor. ANS: A 3. Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage. If the firm pays a wage of $700 per week and the marginal product of labor equals 20 units per week‚ then the marginal cost of producing
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Managerial Decision Modeling w/ Spreadsheets‚ 3e (Balakrishnan/Render/Stair) Chapter 4 Linear Programming Sensitivity Analysis 4.1 Chapter Questions 1) Surplus is typically associated with which type of constraints? A) ≤ B) ≥ C) = D) ≠ E) ± Answer: B Page Ref: 124 Topic: Sensitivity Analysis Using Graphs Difficulty: Easy 2) Assume that the shadow price of a non-binding "≤" constraint is 5. This implies that: A) if the right-hand side value of the constraint increases by 1 unit‚ the objective
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Experiment 5 – Percent Water in a Hydrated Salt Pre-Lab Hints 1. Note definition of deliquescent in the introduction. 2. See side notes for part A‚ as well as part 1 of Technique 15C (pg 27). 3. Mass of water in sample is the mass lost by heating (initial minus final). Water % is 100 times the g of water divided by the initial g of hydrate sample. 4. a. See step A1 in the procedure. b. A hot sample on the balance creates air currents and causes thermal expansion‚ both of which decrease
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