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Consider an investment of $5000 in an oil-drilling venture that is believed either to provide a return of $55000 or to result in a loss of the original investment. If the probability of success of the oil-drilling venture is. find the expected profit for investing in the venture.
Discuss the impact of the national debt on the American economy. Use principles and concepts you have learned in this macroeconomics class.
Tax rebate and a tax refund is a tool of fiscal policy. A deduction in tax rates is not the similar thing as a tax cut.
Calculate the real GDP in every year, assuming that the nominal GDP was $559 billion in the base year, $577 billion in year one, and $605 billion in year two,
A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of 4Q for plant 1 and 2Q for plant 2. Elucidate what are outputs at each plant to maximize profits.
Prepare a page analysis on What is nominal GDP. What is real GDP. Why are these measures important. What do they tell us.
Ten competitive saw mills currently supply lumber to a market whose demand q, depends on lumber price, p, as follows,
Alfred chan decided to buy an old duplex as an investment. After looking for several months, he found a desirable duplex that could be bought for $300,000 cash. He decided that he would rent bought sides of the duplex, and determined that the tota..
Illustrate what are the reporting reasons on why gasoline prices have been fluctuating and trending upward for the past 12 months.
Wednesday the price changed to 1.8275. Compute your profit-loss in USD on Tuesday and Wednesday.
Two company face a demand equation given by: P=200,000-6(q1+q2) where q1 and q2 are the outputs of the two firms. The total cost equations for the two company's are given by:
In the short run, prices may rise faster than costs. This chapter discusses why this might happen. Suppose that labor and management agree to adjust wages continuously for any changes in the price level.
The ad shows that Alka-Seltzer Plus fights cough, body aches, runny nose, sneezing and fever, just like Vicks NyQuil does, but it also now can fight congestion, unlike NyQuil.
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