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Kris borrows some money in her senior year ti buy a new car. The car dealership allows her to defer payments for 12 months, and Kris makes 48 end-of-month payments thereafter. If the original note loan) is for $28,000 and interest is 0.5% per month on the unpaid balance, how much will Kris' payment be?
Although the central banker didn't say so, this may ultimately compel him to resort increasingly to managing the money supply by managing banks' excess cash reserves-the stuff from which banks create loans. What are excess cash reserves? Why are the..
Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level.
Different economies grow at different rates. Three countries that have done very well over the last three decades are China, India, and Ireland. Both China and India are huge while Ireland is relatively small. What economic policies have had an effec..
A man went to his bank and borrowed $750. He agreed to repay the sum at the end of three years, together with the interest at 12% per year, compounded annually. How much will he owe the bank at the end of three years?
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
q1. assume that mr. browns mpsmpc. if he makes an extra 1000 this year and this increase in his income does not change
Further suppose that the interest rates have risen so that the price of the bond has fallen to $950. What is the rate of return (R) that you earned for holding the bond for one year?
q.exercise 1graphically represent on the islmfx diagram the effects of the following cases use a new diagram for each
In the Great Plains states west of the Mississippi river, annual rainfall is less than annual water usage for irrigation. The level of groundwater in the Ogallala aquifer that underlies the region is dropping precipitously. On its western edges the a..
In the Keynesian view, would a constitutional amendment that would require the federal government to balance its budget (incur no deficit) be desirable? Explain your answer.
Can these equations be reliably estimated using OLS? Explain. Solve for the reduced-form equations of this model.
Did many things change between the United States and Cuba, you know? What changes? What do you think of the changes? Are there new possibilities with the changes? Who are interested in the changes and talks about the changes? Discussed herein and inc..
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