Explanation:
The aggregate demand curve is downward sloping. It implies price levels are falling and the quantity of output will increase as well as the domestic income. The theories that can explain why the aggregate demand curve is downward sloping: the Pigou's wealth effect, the Keynes's interest-rate effect, and the and Mundell-Fleming's exchange-rate effect.
Answer:
-6.7 %; Hurt
Explanation:
1. Calculate Maddie's inflation adjusted income

Maddie should be earning $37 500 in 2013 just to keep up with inflation.
2. Calculate the percent change in Maddie's real income.
Maddie is "real" salary is only $35 000.

The percent change in Maddie's real income is -6.7 %.
Maddie was certainly hurt by this inflation.
The conclusion that you will be able to reach if method I is used that cannot be concluded if method II is used is that the results can be generalized to the population as a whole.
In method I, the researchers decided to recruit volunteers. This sample includes people who do not exercise, people who exercise alone and people who exercise with a partner. On the other hand, method II will recruit participants at a community fitness center. Therefore, this sample will not include people who do not exercise. This means that method I will have a sample that is more representative of the general population.
Romantic Era takes place from 1800 to 1850.
<span>The movement is called Romanticism which takes place in the 18th Century in Europe. In this era, emotion and individualism, as well as the glorification of all the past and nature and emphasized. Medieval is also much preferred than classical.</span>
Answer:
<u>The proportion of women who ran the marathon and had a finishing time less than Kathy's is 66% (rounding to the next whole)</u>
Explanation:
1. Let's review the information given to us to answer the question properly:
μ of finishing time for women = 259 minutes
σ of finishing time for women = 32 minutes
Finishing time for Kathy = 272 minutes
2. What proportion of women who ran the marathon had a finishing time less than Kathy's? Show your work.
Let's calculate the z-score for the finishing time for Kathy, as follows:
z-score = (272 - 259)/32
z-score = 13/32 = 0.41 (rounding to the next hundredth)
Using the z-table, now we can calculate the proportion of women who ran the marathon had a finishing time less than Kathy's:
p (z=0.41) = 0.6591
<u>The proportion of women who ran the marathon and had a finishing time less than Kathy's is 66% (rounding to the next whole)</u>