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Pick an entertainer or well know celebrity (sports – Music – Movies). Find out their income and net worth. Pick a fortune 1000 company executive of a manufacturing firm. Contrast their incomes and net worth and contribution to GDP, exports, employment. The artist I choose is Prince
Why can a monopoly make a positive economic profit even in the long-run? Why does a single-price monopoly produce a smaller output and charge more than the price that would prevail if the market were perfectly competitive? How does a monopoly transfe..
Jessica will live for two periods. She is only able to work in the first period, when she earns $100. The interest rate between the first and second period is r, meaning that if she saves X in the first period she can consume X(1+r) in the second. As..
“The Philips curve and the aggregate supply curve are two sides of the same coin.” (Mankiw P. 406, 8th Edition). Suppose the natural rate of unemployment is 6% and the expected rate of inflation is 5%. On a single graph, draw the short-run and long-..
A company borrowed $200,000 at an interest rate of 10% compounded annually over five years. The loan will be repaid in installments at the end of each year in the amounts of: What will be the size of the last payment in year 5 that will pay off the l..
the bursting of the housing bubble and the panic of 2008 caused both businesses and households to cut back on their
What equal monthly investment is reqired over a period of 40 years to achieve a balance of $2,200,000 in an investment account that pays monthly interest of .2%? If monthly interest is 2%?
q1. a war breaks out which destroys industry facilities including factories machine etc. explain how explain how this
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
A stock has a beta of 1.15, the expected return on the market is 10.9 percent, and the risk-free rate is 4.5 percent. What must the expected return on this stock be?
Which of explanatory variables in regression are statistically significant, Elucidate. How much of total variation in pie sales does regression model elucidate.
An investment, which is worth 31,000 dollars and has an expected return of 5.07 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow ..
Suppose a society consists of three cities (A, B , C. ) with populations of 99,000 , 51,000 , 6,000 people respectively. Suppose that the society has 15 doctors total. What cities will have how many doctors? If the number of doctors doubles to 30. Ho..
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