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A bright OU student plans to win first prize in the Ohio University Scripps Innovation Challenge that began Jan 17 and ends March 13. He will invest his $10,000 winnings in a friend’s 5-year-old startup company and expects to gain 10% interest per year, compounded annually, based on contracts the firm has recently won. How much will his investment be worth at the end of 3 years when he graduates from OU?
Who benefits from inflation? Who is hurt from inflation? What is hyperinflation? How to control inflation? What is GDP pe person? Provide an example of purchasing power parity
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
A contract for a project has a value of $5,000,000. A performance bond of 25% has been issued for the project. The contractor performs only 50% of the work. The consulting engineer has certified to the owner that 80% has been completed. The surety th..
Compute the price elasticity of demand for good X between the two prices on the demand curve. Describe the price elasticity of demand for good X.
If the price of coffee increases, we get a positive rate of inflation, even if no other price rises. Is this really inflation? Explain.
Explain and derive the relationship between Demand, Elasticity of Demand, Total Revenue (TR), and Marginal Revenue (MR).
Illustrate what was the growth rate of nominal GDP between 1996 also 1997. Why do economists use real GDP per capita to measure the economic progress.
Identify also Talk about an industry or a marketplace segment companies were the "wrong" size for the long term.
find the expected frequencies if the die is fair. calculate the chi-squared statistics. find the 5% critical value
If a country desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Elucidate pros and cons associated with this case.
Inflation is a sustained rise in the average price level. An increase in aggregate demand can cause demand-pull inflation. A decrease in aggregate supply can cause cost-push inflation. Prior to World War II, both inflation and deflation were common, ..
Illustrate what money supply should the Fed set in yr 2009 if it wants to keep the price level stable?
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