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A friend of yours just bought a new sports car with a $4500 down payment, and her $27000 car loan is financed at an interest rate of 0.50 percent per month for 48 months. After 2 years, the "blue book" value of her vehicle in the used car marketplace is $13000.
1. How much does your friend still owe on the car loan immediately after she makes her 24th payment?
you are in charge of development for your housing nonprofit and two new grant opportunities have come to your
Testing for overidentifying restrictions
Which of the following is (are) most likely to be produced under conditions resembling perfect competition - automobiles, beer, corn, diamonds, and eggs. Defend your answer in economic terms.
the marginal product of any input in the production process is the increase in the quantity of output produced from
consider the development of new products and pricing them for international global markets. describe and explain why
what are the differences between real and nominal rates? explain why this is important to induce action on the part of
gas guzzler motors is one of three major auto producers. it is currently producing 6000 cars a day and selling them at
the government pays attention to elasticity of demand when it selects goods and services on which to levy excise taxes
Calculate MC and then use the same equation to find out the new price. ¦e¦is the absolute value of demand elasticity and determine the breakeven output and total sales revenues and draw the cost-volume-profit chart.
What is the Marginal Rate of Technical Substitution between labor and capital and what is the least cost method of producing the target level of output
Proponents argue that tolls have long ago paid for the cost of building the road; now they just provide cash for tax bureaucracy. A number of economists are opposing the repeal of tolls on the grounds that they serve to internalize externalities.
At times, people will suggest that the Fed should try and achieve an inflation rate of zero percent. If we assume that velocity is constant, does this goal of zero inflation require that the rate of money growth equal zero.
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