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Bond price: Nanotech Ltd has a bond issue maturing in seven years and paying a coupon rate of 9.91 percent (semiannual payments). The company wants to retire a portion of the issue by buying the securities in the open market. If it can refinance at 11.40 percent, Nanotech will pay $
Homework on Ricardian Model. Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker c
Find the trend in the growth rate of M1 and M2. What accounts for differences in the growth rate of each money supply measure - Summarize measurement issues in M1 and M2 ident
Chloe loves fashion and her scarf and hat must always match. Therefore she views scarves and hats as one to one complements U = min {S,H}. Graph Chloe's indifference curves fo
A price taking firm chooses its inputs to maximize long-run profits. Labor and capital are substitutes in production and both exhibit decreasing returns to scale, q(L, K) = L^
Suppose Chen has demand Q = 40 – 2P for streetlights and Abby has the demand Q = 10 – (1/2)P for streetlights. The cost of building each streetlight is $19. How many streetlig
Suppose a country's government is concerned about growing inequality of incomes and wants to undertake a program that will increase the total earnings of the unskilled. Extend
Discuss the validity and, where appropriate, the invalidity of each of the following statements, using examples to support your claims. A monetary policy that aims to minimize
How and why did slavery develop in the colonies? Why did the founding fathers allow slavery to continue when they espoused freedom and liberty during the revolution? What was
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