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My sister is debating pursuing an LPN degree which requires 2 years of college (Ivy Tech costs $6000/year) and typically pays $28000/year or an RN Associates degree which requires 3 years of college and typically pays $35000/year. She would have to give up her full-time job as a CNA which pays $17000/year in order to go to school. Assume a prevailing interest rate of 7%. Which program should she pursue? Begin by considering only private costs/benefits and calculate NPV. Show your work! Then discuss other factors she should consider.
Elucidate which of the following events would cause the price differences in these letters to get smaller.
Add a relative demand schedule to your diagram that implies that Malaysia is incompletely specialized.
What are two reasons why there may be a short-run trade-off between unexpected inflation and the unemployment rate. How do each of the following sources of real business cycles would effect the economy:
Illustrate how do these two relate to each other in the Circular Flow Economy and to the Government and Foreign Sector components? How does all this fit on a Wheel of Income.
Elucidate how much will the government spend in total. Elucidate how much does producer surplus increase.
With regard to global warming policy, describe, in a short paragraph, the importance of: Discounted costs and benefits. Public goods.
This is largely because the Chinese government makes sales in China contingent on a company's willingness to locate production there. The government wants Chinese companies to learn modern management skills from other international companies.
An engineer deposits $900 each month into a retirement account. After 30 years, the balance in the account is $1.7 million. Determine the effective annual rate of return for this account.
To reduce the costs of revolving insurance disputes, insurers have required that the customers use arbitration. Arbitrators are required to be knowledgeable about medicine and insurance contracts. Why might you participate that the arbitration mechan..
Based on the following data, compute the (a) unemployment rate rate (b) cyclical unemployment rate, and (c). structural unemployment
In each of the following situations, indicate whether the physician's discrimination action is taste based or statistical. An American physician detests interacting with French people, so she always gives French patients quicker exams than she gives ..
Use Excel's regression option to perform the regression. Use one Excel spreadsheet file for the calculations and explanations, with one worksheet per problem. Use the problem number for each worksheet name. Cells should contain the formulas (i.e., if..
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