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You win the $20 million state lottery, and you have a choice of taking an amount of money per year for the next 20 years or a flat payment now. The flat payment that the state offers you is $9.82 million. a.What discount rate is the state using?. b.Should you take the money or the annuity?. Your response should be at least 200 words in length.
In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country’s currency (such as the U.S. dollar or South African rand) became common. Why do you suppose this occurred?
tasks1. clearly state which e-commerce business model you have chosen. for each chosen website report the business name
Equilibrium in our graph of AD and SRAS occurs where AD = SRAS. Unless otherwise specified, we assume that the economy rapidly moves to equilibrium. What ensures that the economy is in equilibrium?
Provide a fully labeled graphical representation of an export tax on natural resource flows from a small country. How much is supplied in total? How much is supplied to the local market and how much to the international market before and after the ta..
In 1996, the drug Prilosec became the best-selling anti-ulcer drug in the world. Given the fact that the drug was the most effective among all other competing drugs, managers at Prilosec initially set price at a 400 percent markup over cost in order ..
Analyze the current macroeconomic situation and its impact on Walmart and Starbucks. Explore in particular explain how the two companies' respond to the macroeconomic conditions in terms of their.
The demand curve is determined to be: Q=526-2P. Find the total revenue function. Find the marginal revenue function. Graph the total revenue and marginal functions.
A country's trade balance. A. is greater than zero only if exports are greater than imports. B. must be zero. C. is greater than zero only if imports are greater than exports. D. must be greater than zero.
Economic theory predicts that the introduction of child support enforcement programs will: In the hedonic pricing model of job risk, a flatter isoprofit curve indicates that:
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
The market demand is P=100-1.5Q and marginal & average costs are constant at 10 (MC=AC=10) find the monopoly price and quantity. Find the perfect competition price and quantity. Calculate profit, social welfare (consumer and producer surpluses), and ..
What will be the complete and final impact on the GDP if the Federal government increases spending and simultaneously increases taxes to pay for the additional spending?
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