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Learning by doing seems to be important in the semiconductor industry, in which the United States and Japan are the main producers. Explain why U.S. and Japanese firms may race to try to bring out new generations of semiconductors. If learning by doing is important in the semiconductor industry, why might other nations try to use an infant industry strategy to develop their own semiconductor industry?
If an alternative has an advance payment of $100,000 upon contract award and then quarterly payments of $25,000 for the next 3 years, what would the cash flow diagram look like
Peter Minuit bought an island from the Manhattoes Indians in 1626 for $24 worth of beads and trinkets. The 1991 estimate of the value of the land on this island was $12 billion (1 billion = 109). What rate of return would the Indians have received ..
Assume that a national restaurant firm called BBQ builds 20 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $300,000 of equipment and furnishings. To help partially defray the cost of this expa..
The City of Greenville needs to raise revenue. Alderman Black has proposed a $10 tax on red cars in the city, currently numbering 2,000. Mayor White, who wants more than $20,000 in revenue, proposes taxing these cars at $100 each.
Did Australian GDP grow faster than expenditures on social security and welfare? You can get Australian Nominal GDP data at the Reserve Bank of Australia's website as well, under "Search for Statistics.
Stolper-Samuelson Theoremsays that even though free trade may provide overall gains for a country, the owners of relatively abundant resources will win and the owners of relatively scarce factors will lose
Suppose your company is considering three health insurance policies. The first policy requires no tests and covers all preexisting illnesses. The second policy requires that all covered employees test negative for the HIV virus.
In the neoclassical growth model with physical and human capital investments described above, the optimal path of physical capital and consumption are given as in the one-sector neoclassical growth model and satisfy the following two differential ..
A University Employee using the Illinois Self Managed Retirement Plan retires at age 67 with 4 million dollars in his retirement account. If the employee will live 13 years in retirement and earn 4.5% interest on his account balance.
Assume that an investor can invest the first $100,000 for a 13% return, an additional $100,000 yielding 10%, a further $100,000 earning 8% and the last $100,000 producing a 7% return. The cost of borrowing is 2% for the first $100,000, 4% for the ..
Suppose you make 30 annual investments in a fund that pays 5 percent compounded annually. If your first deposit is $7500 and each successive deposit is 5 percent greater than the preceeding deposit, how much will be in the fund immediately after t..
Given the following Demand and Supply functions answer questions a thru d. Qd=120-2P+5I Qs=-10+4P-3W where P=$3 is the price of the good. I=$100 per capital consumer income W= $50 wage rate a. Derive the demand and supply curves (qd and qs).
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