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Write a program in python by using 'while loop' that adds up a series of numbers entered by the user. The user should enter each number at the command prompt. The user will indicate that he or she is finished entering the number by entering the number 0.
The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the existing Medicare budget. The two areas where they are considering cuts are non-essential elective surgery and 6-12 month ..
The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country r..
Suppose XYZ Corporation's stock price rises or falls with equal probability by $35 each month, starting where it ended the previous month. What is the value of a three-month at-the-money European call option on XYZ’s stock if the stock is priced at $..
Explain the difference between fixed and floating exchange rates. The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.
AppsAlot is a small company that develops a variety of apps for smart phones. Management desires to raise $10 million in funds to initiate and continue various projects. With that funding, they project an earnings (net of all expenses except capital ..
Consider an economy with the following Cobb-Douglass production function: Derive the equation describing labor demand in this economy as a function of the real wage and capital. The economy has 27,000 units of capital and a labor force of 1000 worker..
A shipment of 100 fruit crates has 11 crates in which the fruit shows signs of spoilage. A quality control inspection selects 8 crates at random, opens these selected crates, and then counts the number (out of 8) in which the fruit show signs of spoi..
A firm's demand curve is given by P = 500 - 2Q. The firm's current price is $300 and the firm sells 100 units of output per week. Calculate the firm's marginal revenue at the current price and quantity using the expression for marginal revenue that u..
Per the Kyoto Protocol, European countries have targeted a reduction of CO2 emissions. There are two main types of coal-fire plants in the EU: one type is designed to be able to be retrofitted with abatement equipment at a lower cost than the other t..
What assumption along with diminishing marginal product implies diminishing marginal rate of technical substitution?
Economist Gerd Gigerenzer characterizes heuristics as "fast and frugal" ways of reaching decisions. Are there any costs to heuristics being "fast and frugal"? Explain and give an example of how a fast and frugal method for doing something in everyday..
You are a manager in charge of a marketing research project. Your goal is to determine what effects different levels of advertising have on consumption behavior. Based on the results of the project you will recommend the amount of money to be budgete..
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