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n January 1, 2009, Albert invested $1,000 at 6 percent interest per year for three years. The CPI on January 1, 2009, stood at 100. On January 1, 2010, the CPI (times 100) was 105; on January 1, 2011, it was 110; and on January 1, 2012, the day Albert's investment matured, the CPI was 118. Find out the real rate of interest earned by Albert in each of the three years and his total real return over the three-year period. Assume that interest earnings are reinvested each year and themselves earn interest.
Jane wants to buy a beautiful doll as a gift for her sister's birthday. What is the advantage to society to correct the externality?
Using the concept of net present value also opportunity cost, explain when it is rational for an individual to pursue
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English is becoming the usual language for international transactions, even if the language of neither country is English.
Decide whether the Demand for paint is elastic, unitary elastic or inelastic. Elucidate your reasoning also interpret your results.
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Why are incomes so much more unequal within poor nations that within rich nations generally
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Aggregate Demand-some-not all--of these and/or other terms from this week. Explain how can tax cuts help revive the economy.
If congress decides to reduce the tax paid per pack paid by sellers of cigarettes other things being equal the cost of cigarettes will fall.
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