When the Federal Reserve raises the federal funds rate, the long-term real interest rate ____ and investment ____.

MRC produces chips with a defective rate of 15%. For an random sample of 20 chips from MRC, let
X count the number of defective chips in the sample (and assume x is a binomial random variable), P(X 2)
= ______ (to nearest 0.001)

If no resources had a comparative advantage in the production of any good, the production possibility curve would be:

The Fischer Company had net income of $1,500,000. Fischer paid preferred dividends of $5 on each of the 100,000 preferred shares. There are 1 million Fischer common shares outstanding. In addition to the common and preferred stock, Fischer has $25 million of 4 percent bonds (par value: $100) outstanding. Each bond is convertible into 4 common shares. If Fischer's tax rate is 40 percent, what is its diluted earnings per share?

GDP is the market value of