A consultant predicts that there is a 25% chance of earning $500,000 and a 75% chance of earning $100,000. The expected profit is $200,000. The standard deviation is
What will be an ideal response?
$173,205
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The easiest economic sector to be ‘globalized' is
a. merchandise trade b. capital flows c. migration of labor d. technology transfer e. none of the above
In the above figure, if a Medicare subsidy that had previously been paid by the government has now been eliminated, the result will be
A) an increase in the price received by producers, from P0 to Ps. B) a decrease in the price received by producers, from Ps to P0. C) an increase in the price paid by consumers, from P0 to Ps. D) a decrease in the price paid by consumers, from Ps to P0.
Jeanie Reuter and Ruth Oslen are tenants in first and second floor apartments. Jeanie practices her piano lessons in the morning, while Ruth practices aerobics on drum beats at the same time. Further assume that the value of the practice to Jeanie is $10 while the value of aerobic exercises to Ruth is $6 . Which of the following is a feasible solution to the problem if the cost of negotiation is
zero? a. Ruth will pay Jeanie $6 to make her change the time for piano practice. b. Ruth will pay Jeanie $10 to make her change the time for piano practice. c. Jeanie will pay Ruth $4 to make her change the time for aerobics exercises. d. Jeanie will pay Ruth $6 to make her change the time for aerobics exercises.
The purchase of VCU2 by Tomas Tiergarten, a private resident, causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to rise. d. Monetary base to remain the same.