Question: Data are drawn from a bell-shaped distribution with a mean of 35 and a standard deviation of 2. a. Approximately what percentage of the observations

Data are drawn from a bell-shaped distribution with a mean of 35 and a standard deviation of 2. a. Approximately what percentage of the observations fall between 33 and 37? (Round your answer to the ne Percentage of observations % b. Approximately what percentage of the observations fall between 31 and 39? (Round your answer to the neare Percentage of observations % c. Approximately what percentage of the observations are less than 33? (Round your answer to 1 decimal place.) Percentage of observations %

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4. If inventories unexpectedly rise, then production sales and firms will respond by output. LO31.3 a. Trails; expanding. b. Trails; reducing. c. Exceeds; expanding. d. Exceeds; reducing.

3. True or False: If spending exceeds output, real GDP will decline as firms cut back on production. LO31.3

5. If the multiplier is 5 and investment increases by $3 billion, equilibrium real GDP will increase by: LO31.5 a. $2 billion. b. $3 billion. c. $8 billion. d. $15 billion. e. None of the above.