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(i) Calculate the principal that will earn a total of £2,535 in 4 years at 3¼% simple interest per annum.
(ii) Calculate the amount of interest earned in the first year
During the late 1980' and early 1990's, economic reforms initiated by Soviet President Mikhail Gorbachev began to raise consumer incomes; but the Soviet government continued to impose price ceilings on basic goods like food, clothing and household..
An alternate means of depicting the individual labor supply decision is via a graph with hours of market work (Hw) on the horizontal axis and the market wage rate (W) as well as the shadow or home wage (W*) on the vertical axis.
Assume that the array A[1..n] only has numbers from {1,...,n2} but that at most loglogn ofthese numbers ever appear. Devise an algorithm that sorts A in substantially less than O (nlogn).
Many economists have attempted to create a set of social accounts that would come closer to measuring the economic well-being of the society than does GDP. What modifications of the current approach would you recommend to them
For 2008-2014, a company has collected the following data on quarterly sales of its product.
suppose you know that CLS's MRT of wine of garbage disposal services is 2:1(to obtain more bags of garbage disposal services requires a reduction of one bottle of wine (keep inputs constant), and Brewster's MRS of wine for garbage disposal is 3:1.
Elucidate what are the best goals for the Fed. Should it lean toward restraint or toward expansion.
You are a manager in a perfectly competitive market. The price in your market is $14. Your total cost function is C(Q)= 10 + 4Q + .5q(squared). What is your max profit in the short run?
changes in government spending and interest rates. government spending is given by the equationsrecall that current
Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.
Comment on the development. particular around and after the financial crisis of 2007-2009.Request:Please when you answer the questioncomment on the financial crisis impact on gdp using macroeconomic theories. it should not just be a superficial de..
Economics : Unemployment Labour Markets and Externalities. You are an Economist and have been asked by the Gold Coast Council of Queensland to provide advice on the policy options to deal with the increasing use of jet skis on the Broadwater
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