Graph the nominal exchange rate of Italy in relation to the United States dollar.
Graph time on the horizontal axis and nominal exchange rates on the vertical access. You will want to compare this to Real Exchange rates, so see if you can plot them on the same graph - sometimes the scale is okay, sometimes not so much. Write a few sentences explaining what the graphs are telling you. A ten-year time frame is preferred.
In: Economics
Each year lists of the fastest-growing and fastest-dying industries in the United States are published by various sources.
Do some research to find three industries from each of these two lists for the current year and briefly explain why you think these industries are either growing or dying.
For each industry, explain what is likely happening in capital markets and what the likely effect will be on the industry long-run average cost curve.
Updated answer needed please.
In: Economics
1.Are men smarter than women at Private Universities in the United States? A study was conducted, randomly selecting 400 men, and 400 women from different Private Universities across the US, and asking for their GPAs. What is the population of this study?
All students enrolled at Private Universities in the world
All students enrolled at Universities in the US
Female students enrolled at Private Universities in the US
All students enrolled at Private Universities in the US
unanswered
2.Match each of the example experiments to the type of experimental design
A study was conducted to determine if rats gain weight after experiencing different levels of exercise. Researchers used 25 rats, for four different levels of exercise, plus a control group. Rats were randomly assigned to each group until there were five rats per group.
Some people try to counteract the presence of alcohol with caffeine in regards to reaction time. To test this, reaction times were measured when subjects were exposed to one of the two levels of alcohol (no alcohol, or yes alcohol), and one of the three different levels of caffeine ( 25 mg, 50 mg, 75 mg).
It is thought that different levels of mercury exposure can decrease activeness in mice. Since some mice might not be as active due to their genetics, the litter from which the mice came from was used in the study as well. Each mouse was exposed to a level of mercury independently and at random.
Select an option A. Factorial Design B. Completely Randomized Design c.Completely Randomized Block Design
3.Which type of bait catches the largest fish? A study was conducted using 3 different baits (worms, corn, and plastic lures), and the average weight of the fish caught was measured. How many treatments are there?
4.Whcih of the following are true about sample statistics? (Choose all that apply)
Are always known
Are never known
Are usually represented by Greek letters
Are calculated from an entire population
Are calculated from a portion of the population
In: Math
In: Economics
we know that United States is at least using both monetary policy (by lowering the interest rate to be 0%) and fiscal policy (by having 2 trillion USD ready for spending on infrastructures). You have done the analysis for the fiscal policy. As for the monetary policy, it is similar in forcing an economic expansion but through the money market.
Given the current condition with the corona virus pandemic still ongoing, and the lockdown has not been lifted,
In: Economics
In 2018, Congress overhauled the United States Tax code with The Tax Cut and Job ACT (TCJA). The TCJA lowered the tax bracket for everyone for 10 years. Significant changes to the tax code for individuals were lowered tax brackets and higher standard deductions. Hence, fewer individuals will have to itemize their returns. However the Corporation and business tax cuts are permanent. Will the Corporate tax cuts increase wages and have positive impact on the economy? Also, will the individual tax cut become permanent in the future? Will the government take in more revenue due to a stronger economy even though it will be less per person?
In: Economics
he mean cost of domestic airfares in the United States rose to an all-time high of $375 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $555 or more (to 4 decimals)?
b. What is the probability that a domestic
airfare is $260 or less (to 4 decimals)?
c. What if the probability that a domestic
airfare is between $310 and $500 (to 4 decimals)?
d. What is the cost for the 3% highest domestic
airfares? (rounded to nearest dollar)
$ or - Select your answer -morelessItem 5
In: Math
Consider the following regression equation for the United States (standard errors in parentheses):
where: Pt = per capita pounds of pork consumed in time period t
PRPt = the price of pork in time period t
PRBt = the price of beef in time period t
YDt = per capita disposable income in time period t
(a) Hypothesize signs and specify the appropriate null and alternative hypotheses for the coefficients of each of these variables.
(b) State your decision rules and then test your hypotheses on the above results using the t-test at a 5% level of significance.
(c) If you could add one variable to the regression, what variable would you add? Why?
In: Economics
1. You have just been elected president of the United States, and the present Chair of the Federal Reserve Board has resigned. You need to appoint a new person to this position, as well as a person to chair your Council of Economic Advisers. Using your knowledge of macroeconomics, identify the personal characteristics and the views on macro theory and policy you would want your appointees to have and implement. Remember, the economic health of the entire nation and solution to keeping the economy growing will be impacted by this decision.
2. As you know, during the Great Recession, the Fed proposed a number of "bail out" measures to address the “great recession”. Indicate why or why not you would recommend that your new appointee use similar measures if this situation arises again. Should the Fed have a bond-buying program? Identify any new policies that you would like your candidate to follow.
In: Economics
Sky Kitchens is the second largest airline caterer in the United States, providing nearly all the meals for passengers of three major airlines and several smaller commuter airlines. As part of a total quality management (TQM) program, its largest airline client, Continental Airlines, has recently met with representatives of Sky Kitchens to discuss a customer satisfaction program that it is planning to implement. Continental plans to interview a sample of its customers four times a year. In the survey, it intends to ask customers to rate the quality of meals provided on a 1–10 scale, where 1 means poor and 10 means excellent. It has just completed a benchmark study of 1,000 customers. In that study, meals received an average rating of 8.7 on the 10-point scale, with a standard deviation of 1.65. Continental has indicated that it wants Sky Kitchens to guarantee a level of satisfaction of 8.5 in the first quarterly survey, to be conducted in three months. For its quarterly surveys, Continental plans to use a sample size of 500. In the new contract with Sky Kitchens, Continental wants to include a clause that will penalize Sky Kitchens $50,000 for each one-tenth of a point it falls below an average of 8.5 on the next survey’s satisfaction scale.
1. What is the 99.74% confidence interval (CI) for the true satisfaction level based on the benchmark survey?
2. What is the 99% confidence interval (CI) for the true satisfaction level based on the benchmark survey?
3. What is the 95.44% CI for the true satisfaction level based on the benchmark survey?
4. What is the 95% CI for the true satisfaction level based on the benchmark survey?
5. As Sky Kitchens, what do you think of Continental’s requirement for a level of satisfaction of 8.5 in the first quarter survey?
6. Assume that the upcoming 1st -quarter satisfaction survey shows anaverage rating of 8.4 on satisfaction with meals. Assume that the population standard deviation is1.65. Compute the 99% CI for the true satisfaction level based on the 1st-quarter survey. As Sky Kitchens, what is the best way to present and interpret the resulting CI?
7. If you were negotiating for Sky Kitchens, how would you respond to Continental regarding the penalty clause? Is there a better or more reasonable way to revise it
In: Math