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The treasurer of a firm noted tha many invoices were received with the following terms of payment: "2%- days, net 30 days." Thus, if the bill is paid within 10 days of its date, he could deduct 2%. Or the full amount would be due 30 days from the invoice date. Assuming a 20-day compounding period, the 2% deduction for prompt payment is equivalent to what effective annual interest rate?
When one person saves, that person's wealth is increased, meaning that he or she can consume more in future. But when everyone saves, everyone's income falls, meaning that everyone must consume less today. Explain this seeming contradiction.
q.a suppose we randomly poll 500 americans and ask them whether they believe that the parents are involved. what is the
Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate and profit from the interest-rate differential.
Cole has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30.
q. research the current value of the following economic indicators gdp cpi nonfarm payroll employment industrial
illustrate what does this mean for the survival of small firms in the industry.
q1. a growth at a rate of 2.5 may seem slow but this means a country gdp will double within 28 years. 100 10.02528 200
Calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion.
q1. supply and demand for good are given as follows p 1000 - 1.5qd p 60 2.5qsillustrate what is equilibrium quantity?
Illustrate the purpose of this optional homework is to learn how specialization and trade benefit all trading parties.
If automobile emissions controls were not mandated by law, would people willingly buy also install them
Explain how much additional profit do you earn using a two-part pricing strategy compared with charging this customer a every-unit price.
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