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Work out please Figure 1.2 4.0 Grades in Economics (G.P.A) 4.0 Grades in English (G.P.A) The PPC in Figure 1.2 indicates a student who: a.

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Figure 1.2 4.0 Grades in Economics (G.P.A) 4.0 Grades in English (G.P.A) The PPC in Figure 1.2 indicates a student who: a. is equally proficient in Economics and English. b. is more proficient at Economics than English c. prefers Economics over English. d. is more proficient at English than Economics. e. prefers English over Economics.A simple random sample of 49 Economics majors reported the number of hours that they spend per week studying economics (including lectures, sections, office hours and working on homework). The sample mean was 23 hours/week and the sample standard deviation was 7 hours/week. Assuming that the number of hours/week that economics majors spend studying economics has an approximately normal distribution. .. a. (2 pts) Estimate the proportion of economics majors that spend less than 30 hours per week studying economics. Explain your reasoning, briefly. b. (4 pts) Construct a 95%-confidence interval for the mean number of economics- studying hours/week for all economics majors.Match the assumptions to the theory Hold and drag to reorder Keynesian Sticky wages Economics Say's Law =Classical Economics F. A. Hayek Classical Economics Laissez Faire Policy E Classical Economics Recessionary Gap and Keynesian Long Run Equilibrium Economicsdifferentiates between positive and normative economics? gments, whereas normative economics is not. t people ought to do, whereas normative economics describes what people actually do whereas normative economics is advisory. pplied to microeconomics, whereas normative economics can be applied to both microecono

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