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suppose that a borrower and a lender agree on nominal interest rate to be paid on a loan then inflation turns out to be higher than they both expected


2. What is the relationship between amino acids and the nitrogenous bases of purines and pyrimidines?




3. What is cloning? Cite its advantages and disadvantages.

1. Why a degenerate genetic code helps protect an organism from the effects of mutations?

A new car is purchased for 15300 dollars. The value of the car depreciates at 14.25% per year. What will the value of the car be, to the nearest cent, after 6 years?


Understanding the Z-score



Solve the following problem.



1. X = 50, s = 5, X(mean) = 40


2. X = 40, o = 8, u(mean) = 52


3. X = 36, s = 6, X(mean) = 28

How to apply Empiricism using this scenario



You are a teacher at a local school. You have a student in your class, named Sam.



Sam is 7 years old. Sam is a shy girl and has one special friend who is also a student in



your class. Sam arrives at school, in a cheerful mood and participates in individual



class activities with enthusiasm. Lately, you notice that Sam seems quite unsettled



and agitated during groupwork activities in class

The decomposition of magnesium carbonate forms 15 grams of magnesium oxide (MgO) in an experiment based on this equation : MgCO3 MgO + CO2 . Solve for percentage yield

Suppose that in a year an American worker can produce 80 shirts or 30 computers and a Chinese worker can produce 120 shirts or 20 computers. a. For each country, graph the production possibilities frontier. Suppose that without trade the workers in each country spend half their time producing each good. Identify this point in your graphs. b. If these countries were open to trade, which country would export shirts? Give a specific numerical example and show it on your graphs. Which country would benefit from trade? Explain. c. Explain at what price of computers (in terms of shirts) the two countries might trade. d. Suppose that China catches up with American productivity so that a Chinese worker can produce 120 shirts or 30 computers. What pattern of trade would you predict now? How does this advance in Chinese productivity affect the economic wellbeing of the two countries citizens?



American and Japanese workers can each produce 5 cars a year. An American worker can produce 8 tons of grain a year, whereas a Japanese worker can produce 4 tons of grain a year. To keep things simple, assume that each country has 50 million workers.

a. For this situation, construct a table b. Graph the production possibilities frontiers for the American and Japanese economies. c. For the United States, what is the opportunity cost of a car? Of grain? For Japan, what is the opportunity cost of a car? Of grain? Put this information in a table. d. Which country has an absolute advantage in producing cars? In producing grain? e. Which country has a comparative advantage in producing cars? In producing grain? f. Without trade, half of each countrys workers produce cars and half produce grain. What quantities of cars and grain does each country produce? g. Starting from a position without trade, give an example in which trade makes each country better off.


Qd = 960 – 30P ; Qs = 60 + 60P *


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