Consider a classical model with the following specifications in q1, 2019: • labor supply: ns = (1 + γ) w p , • cobb-douglas production function, • the quantity theory of money accurately describes aggregate demand, • the theory of distribution holds, • parameter values: [γ, α, a, k, m, v ] = [30, 0.3, 130, 500, 2500, 40]. suppose a reduction in labor law regulations leads to an outward shift in labor supply, represented as an increase in γ from 30 to 32 during q2, 2019. assume that everything else stays the same. using equilibrium output level in period q1 and q2, calculate the annualized growth in output. a. 14.41% b. 14.91% c. 15.29% d. 15.94%

Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.