Kyd and north are playing a game. kyd selects one card from a standard 52-card deck. if kyd selects a face card (jack, queen, or king), north pays him $5. if kyd selects any other type of card, he pays north $3. a) what is kyd's expected value for this game? round your answer to the nearest cent. $ incorrect b) what is north's expected value for this game? round your answer to the nearest cent.

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of