<span>Step 1:
Females who attend college = 0.80 * 0.90 = 0.72
Step 2:
Females who did not attend college = 0.80 * 0.10 = 0.08
Step 3
Male who attend College 0.20 * 0.78 = 0.156
Step 4
Male who did not attend college 0.20 * 0.22 = 0.044
So 0.044(4.4%) is the probability that the person selected is a male who did not attend college</span>
The effective annual rate is 8.33%.
we can calculate the effective nominal annual rate by using this formula;
r = e∧i - 1
e is the constant = 2.718
i = compounded annual nominal rate = 8% = 0.08
r = 2.718∧ (0.08) - 1
= 1.0833 - 1
= 0.0833 = 0.0833 x 100 = 8.33%
Answer:
1. 11%
2. Yes and it is 6% for the large
3. Entry
4. 5%
Explanation:
Here is the answer. Suppose that consumption depends on the interest rate, how this alters the conclusions is that at any given level of the interest rate, national saving falls by the change in government purchases. You should also consider <span>what happens when government purchases increase. Hope this helps.</span>
Answer: decrease ; less saving
Explanation:As people attempt to save more, the result is both a decline in output and unchanged saving. Although people want to save more at a given level of income, their income decreases by an amount such that their saving is unchanged. As people save more at their initial level of income, they decrease their consumption. But this decreased consumption decreases demand, which decreases production. A change in autonomous spending has a different effect on output than the actual change in autonomous spending.
