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In 2007, Barbara uses the products method to check her bank balance. She calculates that she is receiving interest at the rate of approximately 0.00753% per day.
(a) Basing your calculation on simple interest and giving your answer correct to four significant figures, calculate the annual rate of rate of interest paid to Barbara.
(b) State your answer in (a) rounded to three significant figures.
(c) Giving reasons, state which of the two answers is likely to be more accurate.
As we know that there are some people who cannot have children who want to adopt, and there are pregnant women who for various reasons want to put their babies up for adoption
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given that the annual average growth rate of potential gdp is 6.48. suppose the economy grows 0.5year faster than at
Definitions of externality and public goods, Source of inefficiency under externalities and public good, find the socially optimum output if there is negative externality and suggest policies to attain this social optimum. Be able to discuss why s..
What has happened to U.S. household debt over the past three years? What has happened to U.S. household savings over the same time period?
Economists call the pursuit of a transfer of wealth through government at someone else's expense:The primary force encouraging the entry of new firms into a purely competitive industry is: The field of economics that analyzes government decision maki..
Predict what will happen to interest rates on a corporation's bonds if the federal government guarantees today that it will pay creditors if the corporation goes bankrupt in the future.
During Dec. 2007 and Dec. 2008, measured RGDP in economy fell by 1 percent as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7 percent
It becomes wildly successful and he sought out a VC to assist with opening a chain of these restaurants. After the first stage of funding the VC had a 43% ownership stake in The Mad Cow. In the second stage of financing the VC contributed $32 mill..
Marginal productivity can be divided into three ranges: Increasing marginal productivity; Diminishing marginal productivity; and Negative marginal productivity.
Four companies calculate their fixed costs per period of production, and their variable costs per unit of product during the period. Each company sets a selling price and calculates the number of units of product that must be manufactured and sold..
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