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A state government is considering construction of a flood control dike having a life span of nine years. History indicates that a flood occurs every three years, on average, and causes $400,000 in damages on each occasion. If the state uses a MARR of 15% per year and expects every public works project to have a benefit-cost ratio of at least 1.0, what is the maximum investment (to the nearest whole dollar) that will be allowed for the dike?
Suppose that a country's central bank has price stability as the primary objective. Describe how the central bank conducts monetary policy in times of rising energy prices
Should price stability be the goal of monetary policy Explain your responses. Compare and contrast the impact of an unexpected shift to a more expansionary monetary policy under rational and adaptive expectations. Are the implications of the two t..
suppose small country has 4 households and 3 businesses. each of the 4 households purchased 20000 in food and gasoline
1. Consider a one-year discount bond that pays $2,000 one year from now. If the rate of discount is 3 percent, calculate the present value of the bond.
explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
If the two firms are engaged in Cournot competition, determine the price (P), quantity sold by each firm (Q_1, Q_2), total quantity sold (Q) in the market and profit earned by each firm in this market.
publishing house uses 400 printers and 200 printing presses to produce books. a printers wage rate is 20 and the price
1. use the numbers to answer the following questionsincomespending0120004000036000a what is autonomous spending?b what
submit a 2-3 page paper using apa formatting responding to the following questions. how will a an unexpected 3 percent
Demand Curves for Public Goods Adam and Eve live on two sides of the Garden of Eden, a small suburban development. After they move in, an old PCB dump is discovered in between their houses. If X total tons of PCB's are removed from the dump, the t..
a doctoral student has just completed a study for her dissertation and found the following demand and supply
Determine the optimal size of the shopping center (to the nearest 100 square meters) based on existing estimates of the demand for retail space.
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