Author Question: If a number equal to the mean of a series of observations is added to the series, the new mean is: ... (Read 35 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
If a number equal to the mean of a series of observations is added to the series, the new mean is:
 
  A) smaller than the original mean.
  B) greater than the original mean.
  C) same as the original mean.
  D) either greater or smaller than the original mean depending on the number of observations in the series.

Question 2

Assuming all else equal, if there is an increase in the real interest rate:
 
  A) there will be an upward movement along the credit demand curve.
  B) there will be a downward movement along the credit demand curve.
  C) the credit demand curve shifts to the right.
  D) the credit demand curve shifts to the left.



beccamahon

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library