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You are planning to set aside $150,000 now for buying a new house. How much will you have in the account after 8 years, if you earn interest at a rate of 8% per year?
Mr. Trump has vowed to decrease business regulations. Is this policy aligned with Mercantilism, Adam Smiths’ Classical Theory or Keynesian Macroeconomics?
Explain why an industry in a perfectly competitive marketplace would choose to remain in business, if its profit is zero at equilibrium.
Currently, agriculture performs a supporting role in developing world—it supports the urban industrial sector. Are you satisfied with this role or do you want to advocate a different role for agriculture?
A good is nonexcludeable if:
“Low energy prices create deflation, which can drive the real interest rates up.” Use the equation connecting the real and the nominal interest rate to the rate of inflation to justify this statement.
Congress cannot dictate how many workers industries hire at mandated wage. Given this fact, Illustrate what are effects of this law. Specifically, illustrate what happens to employment, output and total amount earned by workers.
In January 2001, $1 was equal to 1.06 euro. By January 2012, $1 was worth 0.76 euro. As a result of the change in the value of the dollar:
(a) What are the optimal prices that you would charge for each version of the software?
An average worker in Brazil can produce an ounce of soybeans in 20 minutes and an ounce of coffee in 60 minutes, while an average worker in Peru can produce an ounce of soybeans in 80 minutes and an ounce of coffee in 120 minutes. Draw fully labeled ..
Quantity of money demanded is positively related to the value of money and negitively related to the price. Used goods are not included in the Calculation of GDP. Nominal variables are measured in physical units.
A machine, purchased for $45,000, has a depreciable life of 4 years. It will have an expected salvage value of $5,000 at the end of the depreciable life. Using the straight-line method, what is the book value at the end of year 3?
Elucidate why Chrysler's decision might have been prompted by movements in its wage costs or capital costs, or both. Why would Chrysler have instituted this production change for its most popular.
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