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Describe 2 statistical techniques to research economic data while studying property market?
A small manufacturing company is evaluating trucks for delivering their products. Truck A has a first cost of $22,000, its operating cost will be $5500 per year
Explain why it is not possible for one agent to have a comparative advantage in all goods, a worked example with calculated values would be useful.
Determine the discounted payback period months for the switchboard in Problem 8.20 if the interest rate is 18%. (Answer: 53.7 months)
Steam power was used on steam boats as early as 1807 but was not widely used in manufacturing until after 1860. Why?
What is the amount of 10 equal annual deposits that can provide five annual withdrawals when a first withdrawal of $5,000 is made
Determine what fiscal policy measure has a more direct impact to the economy - Is it an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month? Explain your reasoning.
This question focuses on Pricing and exchange rates: On January 1, the U.S. dollar: Japanese yen exchange rate is $1 = ¥250. During the year, U.S. inflation is 4% and Japanese inflation is 2%. whose toughest competitor is Japan's Komatsu in the US ma..
If you were asked to do a professional code of ethics for your own life, discuss what would be the first principle that would guide it, and why?
Congressional campaign expenditures for the U.S. House of Representatives in 1988. For each of the 173 two-party races we know the percentage of votes received by candidate A (voteA), the logarithm of campaign expenditures (in thousands of US dollars..
To maximize profits, a monopolist should charge as high a price as it likes.
Given current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.
“If a central bank decides to accommodate an adverse supply shock, it will intensify the inflationary effects.” Comment on this statement with the help of an AD-AS diagram.
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