Questions
10.The distribution of vehicles sales in the United States in the year 2000 was the following:...

10.The distribution of vehicles sales in the United States in the year 2000 was the following:

Type of car Small Midsize Large Luxury

% 32.8 44.8 9.4 3.0

A simple random sample of 500 vehicles sales was taken this year and the Distribution is as follow:

Type of car Small Midsize Large Luxury

% 133 249 47 71

At the 5% significant level, do the data provides sufficient evidence to conclude that the distribution of vehicle sales this year has changed from the 2000 distribution?

In: Statistics and Probability

Is the religious make-up of the United States Congress reflective of that in the general population?...

Is the religious make-up of the United States Congress reflective of that in the general population? The following table shows the religious affiliation of the 535 members of the 114th Congress (2015-2017) along with the religious affiliation of a random sample of 1200 adult Americans. Perform a complete hypothesis test to answer the question. Explain everything!

protestant 306 616
Catholic 164 287
Mormon 16 20
Orthodox Christian 5 7
Jewish 28 20
Buddhist/Muslim/Hindu/Other 6 57
Unaffiliated/dont know/Refused 10 193

In: Statistics and Probability

It appears that over the past 50 years, the number of farms in the United States...

It appears that over the past 50 years, the number of farms in the United States declined while the average size of farms increased. The following data provided by the U.S. Department of Agriculture show five-year interval data for U.S. farms. Use these data to develop the equation of a regression line to predict the average size of a farm (y) by the number of farms (x). Discuss the slope and y-intercept of the model.

Year Number of Farms (millions) Average Size (acres)
1960 5.67 209
1965 4.66 258
1970 3.99 302
1975 3.38 341
1980 2.92 370
1985 2.51 419
1990 2.45 427
1995 2.28 439
2000 2.16 457
2005 2.07 471
2010 2.18 437
2015 2.10 442


(Do not round the intermediate values. Round your answers to 2 decimal places.)

y^=   +(   )x

In: Statistics and Probability

1.) You are living in the United States and are thinking of traveling to Germany 6...

1.) You are living in the United States and are thinking of traveling to Germany 6 months from now. You can purchase an option to buy euros now at a fixed rate of $1.50 per euro 6 months from now. How is the option like an insurance policy?

3.) You buy stock worth $50. In one year, it pays a dividend of $5 and is worth $60 right after the dividend is paid. What are the dividend income component, price change component and the total return on the stock after one year?

4.) In your own words, what does it mean that common stockholders have a residual claim on the assets of the corporation?

In: Finance

per capita health spending in the united states a) is comparable to that in most other...

per capita health spending in the united states

a) is comparable to that in most other industrialized nations

b) is the highest than that of all the other industrialized nations

c) is lower than that of most other industrialized natins

d) cannot be measured, too much fluctuation

The federal program known as aid to dependent children

a) was part of the 1935 social security act

b provided federal assistance directly to widows and their children

c) was the result of advocacy efforts by social workers

d) all of the above

In: Economics

18. The financial crisis of 2007 began in the United States with the subprime crisis, but...

18. The financial crisis of 2007 began in the United States with the subprime crisis, but this domestic crisis quickly spread beyond the US. Describe (don’t just list) the FOUR reasons presented for why this crisis became global, in other words the four reasons for the rapid international contagion of the subprime crisis.

In: Economics

In 2019, the united states is experiencing an unemployment rate that is below its natural ......

In 2019, the united states is experiencing an unemployment rate that is below its natural ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: 1. In 2019, the United States is experiencing an unemployment rate that is below its natural rate... 1. In 2019, the United States is experiencing an unemployment rate that is below its natural rate of unemployment. That is, its labor force is more than fully employed. However, the country is suffering from a rising fiscal deficit, a rising government debt/GDP ratio, and an expanding current account deficit. In addition, after years of quantitative easing in the wake of the 2008-09 financial crisis and economic recession, the Federal Reserve must now roll back its quantitative easing and shrink its balance sheet. Suppose macroeconomic policymakers want to achieve all the following goals:

a) Lower employment to full-employment level to prevent overheating of the economy

b) Reduce the fiscal deficit and rein in the growth in government debt

c) Shrink the Central Bank’s balance sheet

d) Reduce current account deficit

e) Maintain a stable US dollar to prevent imported inflation

Would there be any monetary, fiscal, and trade policy combination that would allow the policymakers to achieve all these above-mentioned objectives simultaneously in the short-run? If your policy proposals are adopted, explain what will happen to America’s real GDP, real interest rate, and net capital outflow

In: Economics

Assume that there are exactly two countries: The United States and Australia. Also assume that these...

Assume that there are exactly two countries: The United States and Australia. Also assume that these countries’ economies are closed (i.e. they do not trade or otherwise interact with each other) with one notable exception: The U.S. exports plastic to Australia, and Australia exports iron ore to the U.S. For this question, I will abbreviate the currency of the U.S. as USD and that of Australia as AUD.

a.Suppose that the U.S. imports 100,000 tons of iron at a price of 60 AUD per ton and exports 100,000 tons of plastic at a price of 55 USD per ton. If the exchange rate is 1 AUD = 1 USD, what is the U.S. trade balance in USD?

b.Suppose that the exchange rate changes to 1.1 USD = 1 AUD, and that prices in local currencies remain constant. What is the new price of iron in USD? What is the new price of plastic in AUD?

c.Suppose that the businesses that have made the orders leading to these import and export quantities are all locked in – meaning they are contractually obligated to complete the trade. If the exchange rate changes as in part (b), what will be the trade balance of the United States in USD?

d.In the future, businesses will make different purchasing decisions. In reaction to this change in the exchange rate: What will happen to the quantity of iron demanded by the U.S? What will happen to the quantity of plastic demanded by Australia?

e.Compared to your answer in (c), what will happen to the trade balance of the U.S. under the new quantities described in (d)?f.Graph a curve that shows the general shape of what will happened to the trade balance over time. Your x-axis should be time, your y-axis should be $.

In: Finance

Briefly describe the history of antitrust policies in the United States. What are the advantages and...

Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?

In: Economics

For the purpose of these questions, assume the United States as a standard flexible exchange rate...

  1. For the purpose of these questions, assume the United States as a standard flexible exchange rate regime with free flows of capital:
    • All else equal, if the Federal Reserve increases the money supply and lowers interest rates, what will happen to the U.S. trade balance? Explain.
    • All else equal, if Japanese citizens decide to divest their U.S. stock market holdings, what will happen to the U.S. trade balance? Explain.
    • All else equal, if income in the U.S. increases, what will happen to the U.S. trade balance? Explain.

In: Economics