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What is the future worth of $1000 in month 1, $1040 in month 2, and amounts increasing by $40 per month through month 12, at the end of year two if the interest rate is 23.7631528% per year, compounded continuously?
List the service that most likely to have network effects within 5 years. Google Fiber (providing GBit Internet access to homes) Purchase of Nest (maker of home thermostats and smoke detectors) Purchase of several robotics companies (Boston Dynamics,..
Compare and contrast the two approaches of GDP computation mentioned in the textbook. Explain which approach you think is more reliable and gives more accurate estimates of GDP. Provide two examples—one of the U.S. and a second of another nation—to s..
A key difference between supplies and components is that: Many customers will drive long distances to purchase Yummy Town doughnuts, even though other doughnuts are available for purchase at nearby locations. For such customers, Yummy Town doughnuts ..
How many yrs (expressed with 2 decimal place precision and accuracy) will it take to triple your investment of 383 $'s,if you can obtain 5.86%/yr interest compounded continuously?
According (the semi-strong form of) the efficient market hypothesis, the price of an asset should reflect all publicly available information about the 'fundamental value' of that asset. What academic theories (i.e. published or in working papers) hav..
Assume a new bank has just opened for business. It has deposits of $1,000,000 and a required reserve ratio of 15 percent. How much can this bank lend and why?
An entrepreneur needs funds for a project. He has funds of his own, but enough to cover the required investment of $100. If the entrepreneur doesn’t misbehave, the project will succeed with probability .9, yielding a gross return of 120 in one year.
Turkey's price for the Big Mac Index is 3.41$ and the US price of a Big Mac is 4.93$ based on this criteria is it over or undervalued? If Turkey's y moves in the direction of indicated by the “Big Mac Index’, how do you think this will affect your Tu..
Cost in terms of pain, discomforts, disabilities involved in supply of factors of production by their owner are termed as ______a) Real cost b) Explicit cost c) Social cost d) Implicit cost
The marginal ?revenue product is:
Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
You are the director of a Washington, D.C., think tank focusing on tax and economic policy issues. You were recently (and informally) contacted by staff of the Congressional Joint Committee on Taxation to weigh in on a number of issues currently unde..
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