Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the economy is in dire need of fixing. Record number of people are unemployed and GDP has contracted to -1%. Deflation has also hit. The President calls you his economic advisor in to help sort out the economy and to make recommendations to the Legislative Branch and The Federal Reserve in a hopes that we can come to some sort of understanding. In 2 paragraphs 1. Offer a minimum of 2 tools that could help sort the economy out

2. Explain how those policy tools will correct the economy in the appropriate way.

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At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct