Answer:
The following data represents a random sample of 35 online purchases (in $) on
Cyber Monday:
152
158
158
162
163
164
165
166
171
171
176
180
180
184
185
188
189
190
191
197
200
213
213
214
222
222
224
227
According to “Congress and the Quest for Power” by Lawrence Dodd, people enter politics because of their quest for power.
<h3>Dodd asserts that “
reelection” is necessary for three reasons. What are these three reasons?</h3>
The three reasons why reelections are required are:
- Personal Power
- Aura of Personal Legitimacy
- Opportunity go gain expertise and experience.
<h3>The “electoral connection” will lead members of Congress to emphasize what traits? </h3>
The “electoral connection” will lead members of Congress to emphasize :
- Form over substance
- Position Taking
- Advertisement
- Credit claiming.
<h3>What traits or actions will they begin to care about less?</h3>
The traits or actions they begin to care about less are:
- Failure to take clear and controversial positions;
- Failure to make hard choices
- Failure to exercise power.
<h3>What motive causes each member of Congress to be in conflict with each other?</h3>
The need to exercise power for making key policy decisions.
<h3>Where do Congress members spend the most time? Why?</h3>
They spend most of their time in:
- the committee or sub committee rooms
- in caucus meetings; or
- Office work related to legislation.
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<u>The equilibrium rate of return on a 1 year T-bond is 5%</u>
<u />
<h3>Equilibrium rate</h3>
This is the interest rate at which the demand meet the supply at a particular point.
<h3>Equilibrium rate of return</h3>
This is the sum of dividend yield plus the rate of capital gains.
we can also say that the equilibrium rate for a 1 year T-bond in this case is the sum of the real risk free rate and the expected inflation.
Data
- Real risk free rate = 3%
- Expected inflation = 2%
Hence, the equilibrium rate of return will be 3% + 2% = 5%.
From the above, the equilibrium rate of return is 5%
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Speed= distance divided by time so s=d/t
first find the individual speeds during each running segment. we get
s=4.0/32=1/8 km per min
s=2.0/22=1/11 km per minute
s=1.0/16=1/16 km per minute
now we take the average. the person jogged a TOTAL of 7.0 km in a TOTAL 70 minutes. so on average, they jogged 7.0/70=1/10 km per minute
