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A county is considering using a piece of park land for one of two alternative recreation projects. Project A would require construction costs of $2 million (year 0) and generate net benefits of $1 million per year for 10 years. (Assume the benefits are realized at the ends of years 1 through 10). Project B would require construction costs of $4 million and generate net benefits of $1 million per year for 20 years. (Assume the benefits are realized at the ends of years 1 through 20). If these figures are in real dollars, and the real discount rate is 7 percent, which project would the county select?
Critics felt that TISCO might face problems due to the decrease in demand for steel in the global and local markets and increasing competition from cheap imports, and anti-dumping duties imposed on the domestic steel manufacturers by the US.
Assume there are two firms, A and B, buying labor in a market. They each have a constant level of VMP = 15. They face an upward sloping supply curve, W = 2L, where L is the sum of the supply of labor purchased by firm A, LA, and by firm B, LB.
Which agents (from among importing country's consumers and producers and exporting country's consumers and producers) are better off, and which are worse off as a result of free trade between the countries?
Pears and oranges are substitutes. A freeze in Florida destroys most of the orange crop. What would you expect to happen to the market (price and quantity) for each of the following:
What are the Psychological and human Affects during the expansion phase and trough phase of the business cycle?
Find out the income elasticity of demand. Elucidate whether gas is a normal or inferior product.
Shaniq buys only soda and pizza and is buying the amounts that maximize her utility. The marginal utility from a soda is 30 and the price of a soda is $2. The marginal utility from a slice of pizza is also 30. The price of a slice of pizza must be
nGDP is $5 trillion in Yr 1 and $5.4 trillion one year later. What is the GDP growth rate? B) If rGDP in Yr 1 was also $5 trillion what can you say about Yr1? C) If rGDP grew 5% between Yr. 1 and Yr. 2 what did GDP prices do?
In this course you will be required to research the stock market and become familiar with stock market performance indicators. You will also take part in a simulation to see just how good of an investor you can be.
1. nbspbriefly define the following termsa.nbspnbspnbsp net borrowerb.nbspnbspnbsp currency appreciationanswer the
Illustrate what is the logic of a firm setting and exercising the application of a mandatory retirement age? What are the pros and cons of the mandatory retirement practice from the perspective.
Describe the specific steps you will take to assess the potential risk to or from your student or client. Explain how you will address informed consent and any exceptions to confidentiality with your student.
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