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Michael is an Internet service provider. On December 31, 2014, he bought an existing business with servers and a building worth $400,000. During 2015, his business grew and he bought new servers for $500,000. The market value of some of his older servers fell by $100,000. What was Michael's gross investment, depreciation, and net investment during 2015? What is the value of Michael's capital at the end of 2015?
1 the basic keynesian model of income determination - so called circular flow - posits current income as the sole
A central bank with a dual mandate will achieve lower unemployment in the long run than a central bank with a hierarchical mandate in which price stability takes precedence. Is this statement true, false, or uncertain?
There is a supply and a demand for most goods. The result is a market clearing equilibrium price. Firms many times supply a certain amount of the hot or must have product to the market.
If a series of tornados damages factories and infrastructure in the industrial regions of the United State, a short term consequence is that
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
If I have to lay-off 19 employees as the company is upside down -$1878.00 after total cost. So, by cutting staff of 19 with a salary of $100 per day, an eight hr day, how much will I save.
Elucidate the most important economic indicator affecting your organization and explain why.
a) Identify and briefly explain the two basic economic functions of the Federal Reserve System. b) Briefly explain the key actions the Fed undertook when performing each of these functions during and in the years after the financial crisis of 20..
Assume the probable impact of competing producers raise their prices. Assume that the initial claues of Px, i, pc are $1, $20,000 and $0.80 respectively.
Recently submerged kingdom of Atlantis is populated through identical rational air breathing individuals. The king has decided to give an award to the industry whose product yields kingdom most economic value.
1. the elasticity of demand for a firms product is -2 and its advertising elasticity of demand is 0.1.a. determine the
What equal annual deposits must be made at t=2,3,4,5,8,9 and in 10 in order to accumulate $40,000 at t=15 if money is worth 10% compounded annually?
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