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A computer may be bought for £1,490 cash or on hire purchase terms.
Ken bought the computer on hire purchase terms.
The hire purchase terms require a deposit of 20% of the cash price. After payment of the deposit, the remaining balance owing is increased by interest charges of 17%, and this new balance is paid in 24 equal monthly installments.
(a) Calculate:
(i) the amount of the deposit
(ii) the balance owing
(iii) the total interest charges
(iv) the total cost to Bruce
(v) the amount of each monthly installment
artica is a nation with a simple economy that produces onlysix goods oranges bicycles magazines paper orange juiceand
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Due to the current slump in investment spending, Omar has been laid off from his programming job. His employer promises to rehire him when business picks up. What type of unemployment is Omar facing?
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A country has the per-worker production function, y=5k1/2, where y is the output per worker and k is the capital- labor ratio. The depreciation rate is 0.15 and the population growth rate is 0.05. The saving function s=0.2Y where s is total nation..
Find an article on the macro economy (inflation, employment, economic growth). Write a 250 word summary of the main points of the article
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