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Adrian is about to borrow $2,814 from his uncle. He has an option to repay the loan at the end of year 5 with 9.62% simple interest per year or with 5.36% interest per year, compounded annually. What is the difference of the total interest paid over 5 years between the two options? (Enter the answer as a positive number with precision to the nearest cent)
Using the AD-AS model explain how the economy will adjust in the long run. Should the government undertake any proactive fiscal or monetary policy in this situation?
problem 1 in the model of a dominant firm assume that the fringe. supply curve is given by q -1 0.2p where p is
answer the question on the basis of the following cost data for a purely competitive sellernbspnbspnbspnbspnbspnbspnbsp
As a manager of a firm you find the marginal cost of the firm to be $10 and the fixed cost $100. For the range of prices that you are planning to charge, own price elasticity of demand is believed to be –1.25. Compute the optimal (profit maximizing) ..
Consumers reduce autonomous consumption.
Explain why the Tea Party argument as to shrinking the government will generate economic growth.
Is the following, true, false, or do you need more information? Airlines should charge $1,300 for a first class ticket
What should it charge for group 2
statistician at the learning computer co has estimated the following production function for the semiconductors.q l 0.1
Assume each worker is paid $10 per hour and works a 40-hours week. How many workers should the firm hire if the price of the output is $ 10? Suppose the price of the output falls to $7.50.What do you think would be the short-run impact on the firm..
suppose your local congress representative suggests that the federal government should not intervene in the baseball
Economic theory tells us that (under reasonable assumptions) a rise in the government budget deficit raises interest rates. Show how the debt is monetized if the Fed tries to maintain stable interest rates
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