Answer:
Given that price level is $132
Real GDP $4 trillion natural
$3.9 trillion in short run,
$4.3 trillion long run. Naturally an economy can be either at equilibrium when the real GDP=Natural GDP, At inflationary when real GDP is greater than natural GDP and at Recession when real GDP is less than Natural GDP.
The economy is in disequilibrium because the natural GDP in the economy is not equal to real GDP in the short run. Therefore, it will result to recession in the economy.
The price in the long run equilibrium will be greater than $132 because, the real GDP in the long run is greater than $4.0 trillion. The latter will result in inflation due to existence of surplus in the economy. Inflation results to high prices more than $132 to compensate for the inflation rate
Answer:
95% confidence interval is (104.2, 111.8)
Explanation:
Mean = 108, sd = 17, n = 81, degree of freedom = n-1 = 81 - 1 = 80. t-value corresponding to 80 degrees of freedom and 95% confidence level is 1.990
Confidence Interval = Mean + or - Error margin
Error margin (E) = (t×sd)/√n = (1.990×17)/√81 = 33.83/9 = 3.8
E = 3.8
Lower bound = mean - E = 108 - 3.8 = 104.2
Upper bound = mean + E = 108 + 3.8 = 111.8
95% confidence interval is (104.2, 111.8)
Answer: Enron
Explanation:
Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.
Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.
Answer:
You should call your manager or supervisor. It is not your responsibility to cover for someone else. You could also call in someone else in the position to see if they wanted to come in. explain the situation, you ask to be relieved or get paid double time for overtime, if that is not an option close up shop, and make sure everything is secure and locked up properly, then go home. You have done everything you are supposed to do, now the responsibility rests with your boss.