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In planning for your retirement, you would like to withdraw $50,000 per year for 20 years. The first withdrawal will occur 20 years from today.
What amount must you invest today if your return is 10% per year?
What amount must you invest today if your return is 15% per year?
Explain how meeting-competition clauses may serve as an enforcement mechanism for price-fixing agreements of cartels.
illustrate what proportion of the population would score higher than Bob.
Tight (contractionary) money policy
Elucidate the disadvantage of the simultaneous lending strategy. Be mindful of the group lending scheme which Grameen Bank adopts.
Write a few paragraphs summarizing the documentary. What does the filmmaker think is wrong with the current state of the food industry?
Explain how does economists distinguish between the absolute and relative sizes of the public debt.
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
I have recently been involved in a debate stemming from figures mentioned in this blog post (the blogger was advocated by Occupy London's facebook page and verifying the level of "over-sensationalism" portrayed in the post would make or break my rela..
What are the economic concept? What is market? What is a competitive market? What is supply and demand?
The Black Death: In the middle of the fourteenth century, an epidemic known as the Black Death killed about a third of Europe’s population, about 34 million people. Use the production model to explain why wages might have been higher.
An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is 10, what should the promotional price be?
Suppose that the cost of capturing a cockatoo and transporting him to the USA is $40 per bird. Cockatoo are drugged and smuggled in suitcases to the USA. Half of the smuggled birds die in transit. Each smuggled bird has a 10% probability of being dis..
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