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Answer:
$12
Explanation:
Stand alone sale price = (Cost of chair) * (Discount % of voucher-Normal% of discount) * (% of coupons to be utilized)
Stand alone sale price = $150 * (50%-10%) * 20%
Stand alone sale price = $150 * 40% * 20%
Stand alone sale price = $12
Therefore, the Stand alone selling price used by Gore Inc. is $12
According to the Keynesian approach an increase in the money supply increases real GDP by lowering interest rates which increases investment.
The Keynesian theory implied that during a recession inflationary pressures are low, but when the level of output is at or even pushing beyond potential gross domestic product, or GDP, the economy is at greater risk for inflation.
Keynesians do believe in an indirect link between the money supply and real GDP. They believe that expansionary monetary policy increases the supply of loanable funds available through the banking system, causing interest rates to fall.
Learn more about Keynesian here
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Population - 50,000Employed - 46,000Students not looking for work - 2,000
To calculate Boone's unemployment rate you'll use the formula: Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 2,000 = 48,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 48,000 by those already employed of 46,000. 48,000 - 46,000 = 2,000
Finally, we are able to calculate the unemployment rate of Boone. Unemployment rate = number of people unemployed / labor forceUnemployment rate = 2,000/48,000= .042 multiply by 100 to get the percentage. 4.2%Unemployment rate of Boone is 4.2%
Answer:
Number of full factorial experiments needed as per classical statistics is 5
Explanation:
We can use the following method to solve the given problem
Number of experiments needed as per Taguchi's principles:
No. of factors, F= 5
No. of levels, L = 2
No. of experiments, E = 1 + F*(L-1)
= 1 + 5*(2-1) = 1 + 5*1 = 6
Number of full factorial experiments needed as per classical statistics:
E = L^F
= 2^5
= 32