In a recent survey of 574 employees, 15.5% indicated that they were not in favor of a particular plan. What is the level of confidence associated with the interval of 12.85% to 19.89%?


Ans: The confidence level is 98%.

Economics

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Refer to the figure below. The equilibrium price is ________, and the equilibrium quantity is ________. 

A. $30; 15 B. $35; 20 C. $25; 5 D. $25; 20

Economics

In the classical model, the aggregate supply curve is

A) horizontal. B) vertical. C) upward sloping. D) downward sloping.

Economics

The above figure shows a housing market with a rent ceiling equal to $1,000. In this figure, what area is equal to the deadweight loss?

A) area A B) area B C) area C D) area D E) area E

Economics

Tax credits have been provided to employers for hiring targeted groups

Indicate whether the statement is true or false

Economics