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A used car parking lot has the following deal on a $23,000 car. Zero down and $385 monthly payements for 70 months. What is the monthly rate they charge? Draw a cash flow diagram
Suppose that two players are playing the following game. Player A can choose either Top or Bottom, and Player B can choose either Left or Right. The payoffs are given in the following table: where the number on the left is the payoff to Player A, and..
Arguments for public subsidies for education are based upon: The cobweb model of educational attainment is most likely to be applicable when:
Summarize the recent policy of the Federal Reserve concerning the level of interest rates and the reasons for this policy. Do you agree with this policy? Why or why not? How does this policy affect the supply of and demand for products and services?
people who want to borrow to finance their investment spending. How are savers and borrowers brought together.
Illustrate the significance of resource pricing explain rule or criteria of employing for resources under pure and perfect competition.
Elucidate the disadvantage of the simultaneous lending strategy. Be mindful of the group lending scheme which Grameen Bank adopts.
In a certain economy, when income is $100, consumer spending is $60. The value of the multiplier for this economy is 3. It follows that, when income is $101, consumer spending is? How to solve the problem
The Hamilton Flour Company is currently operating its mill six days a week, 24 hours a day on 3 shifts. At current prices, the company could easily obtain a sufficient volume of sales to take the entire output of the seventh day of operation each wee..
Super freakonomic chapter 5 Explain the concept of an externality. Distinguish between a positive externality and a negative externality and give example of each. Finally, explain how the market equilibrium when the externality is not accounted for c..
In some national parks there are signs asking campers not to feed the wild animals and, similarly, signs are often posted around lakes asking visitors not to feed the birds. What negative externality does obtaining human food pose for wild animals an..
What is the basic difference between Classical and Keynesian economics? What role does government play in the Keynesian model? What is a recessionary gap, and how can government work to correct this? Are wages and price flexible or inflexible? Explai..
How managed care sales and marketing have evolved over recent decades, and how these may possibly evolve over the decades ahead.
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