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The benefits of a city park project are $10 million and begin seven years from now. From that point forward the benefits go on forever. If the present value of the costs are $100 million , what is the net benefit (+) or cost (-) of this project if the social rate of return is 5%?
Large number of independent loan prospects are available, each paying return of $16 on $100 with probability of 1/2 and 1/2 of $4 return. Each saver in economy derives happiness from income according to: H= I^(1/2) Competition between banks so each h..
Suppose you have a $20 gift card and want to buy Blue and Red yarn. Graph the budget constraint and the indifference curves that can be reached. How many yards of each type of yarn will he purchase at these prices with his gift card?
Find importance of activities in terms of total product cost - Compare costs across activities & against competitors
Boris budgets $9 weekly for his morning coffee with milk. He likes it if it is prepared with 4 parts coffee, 1 part milk. (Milk and coffee are perfect complements here). Coffee costs $1/oz, and milk $0.5/oz. Draw his budget constraint and indifferenc..
Graphically illustrate and explain the effects of an increase in the rate of depreciation (δ) on the Solow growth model. In your graph, clearly label all curves and equilibria.
qnt 275-What are the differences between quantitative and qualitative variables? What are the differences between discrete and continuous variables.
Which of the following information about Fiat money is fall? Fiat money
Explain whether each of the following scenarios best reflects features of Sweezy, Cournot, Stackelberg, or Bertrand duopoly: Neither manager expects her own output decision to impact the other manager’s output decision. Each manager charges a price t..
Based on standard monetary theory, if the Fed purchases Treasury Bills from banks:
What is meant by a Liquidity Trap? What was John Maynard Keynes’ solution for an economy that found itself in a Liquidity Trap? What role does “quantitative easing” play in countering a Liquidity Trap? Give examples from the recent experiences of Jap..
According to the New York Times (11/18/06) the number of car producers in China is increasing rapidly. The newspaper reports that “China has more car brands now than the United States.” But while car sales have climbed 38% in the first three quarters..
Two important concepts that our chapter on Foreign policy discusses are the values that drive foreign policy and the specific instruments that are utilized to carry out foreign policy. In the post-9/11 and Afghanistan/Iraq Conflicts era, do you think..
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