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Consider making an initial investment in a fund paying 25% of $1,000 the first year and decreasing your investment by 20% per year. What would be the present amount equivalent to a four year investment.
Which of the following statements best reflects the macroeconomic advice of the great economist John Maynard Keynes?
identify the circumstances under which Sarah should choose package A, the circumstances under which she should choose package B.
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. Illustrate what is your maximum possible gain ignoring transactions cost.
State whether each of the following events will cause a movement along the demand curve for Big Mac or whether it will cause the demand curve for Big Mac to shift? If the demand curve shifts, indicate whether it will shift to the left or to the right..
Elasticity and Demand1434.Over the past 30 years, cigarette makers did not worry too much about rising excise taxes on their product because they could simply raise prices to generate the extra revenue needed to pay the higher taxes. why continued in..
Assuming that the cost of capital is $1,000 and labour costs $10.00 per hour, determine the total variable cost, average variable cost and the marginal cost of the firm for the output levels given above.
Suppose the market demand function is given by: Q=100-2P, where Q: total quantity, P: market price. And in this market there are two firms with MC=AV= $10. Perfect competition price, quantity, and consumer surplus? Monopoly price, quantity, consumer..
A very popular sales technique at pizza establishments is : “Buy two large pizzas and get a third large pizza free (limit one free pizza per customer)” Suppose you only consume two goods, pizza and pop. Draw indifference curves showing your consumer ..
Why do some economists worry so much about monopoly – in what ways do they believe that monopoly is inferior to perfect competition? What is it that convinces other economists that monopoly actually isn’t all that much of a problem? (Here are some qu..
The Encomienda system was?
The following data show the supply and demand schedules for a product. Price per Quantity : 40, 50, 60, 70, 80, 90, 100 demanded Quantity per week(unis): 100, 50, 48, 45, 40, 30, 25 supplied unit per week (units)$ : 15, 20, 25, 30, 40, 46, 50 ] Refer..
Suppose that since some base year, the price index (or GDP deflator) has increased from 100 to 125. During the same time period, NOMINAL GDP has increased from $500 billion to $600 billion. What is the value of REAL GDP at the end of this period -exp..
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