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Q1. A corporation is offered trade credit terms of 3/15, net 45 days.The corporation does not take the discount, and instead pays after 67 days. Illustrate what is the nominal annual price of not taking the discount?
Q2. Compare and contrast what policies Keynes and Hayek advocated regarding how the federal government should manage the economy. There is no need to include biographical information about their lives.
Q3. Illustrate what is the difference among a command economy also a market economy?
Circular flow diagram: Include the government sector in your explanation, a description of the roles that each participant plays in the economy, and how the different sectors interact in the markets.
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.
Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.
What happens when tariffs are imposed, in terms of the importing and exporting countries? Use graphs as needed and explain your answers thoroughly.
You observe a positive relationship between price that your store charges for CDs and total revenue from CDs. Is demand for your CDs elastic or inelastic.
An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..
Elucidate how does a firm determine its demand for capital funds during a specific period.
Assumes the perfectly competitive firm is in long-run equilibrium also there is an rise in Demand
Explain how much does the customer pay. Explain how much does the government receive as tax revenue.
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
Milk is a commodity is it a necessity or a luxury product. Evalute the availability of its substitutes for the product. Explain how the necessity of a good and the availability of substitutes impact the elsticity of the product.
Elucidate causes lags in effect of monetary and fiscal policy on aggregate demand. what are the implications of these lags for the debate over active versus passive policy.
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