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Consider the method of calculating the present value of a college education, shown in the spreadsheet in the spreadsheet linked to in the Course Content slides.
How would you change the calculation to make it more realistic, or more applicable to your own case? For example, how would you modify the present value calculation to take account of the fact that college-educated workers are much less likely to be laid off or otherwise unemployed? How would you account for the different returns from different degrees? Is the only reason for going to college to increase your future expected earnings?
q. i choose a sweater at the price of 12 in the past month. describe how each of the 4 factors contributed to the
what is the best level of output of a perfectly competitive firm in the long run?
What many of us may not realize is that there is a market for currency (money) just like any other market. So let's consider the demand for money. Class, what are the two primary determinants of demand for money?
you relate concepts in this week's readings to a prior real world experience. Experience does not necessarily have to be work experience. Examine market equilibrating process in relation to your experience.
Using a market or industry as an example, explain how the Prisoners' Dilemma game helps explain observed (real-world) behavior among oligopolistic firms.
The manager of a canned food processing plant is trying to decide between two labelingmachines. Determine which should be selected on the basis of rate of return with a MARR of 20%per year.
The Federal Reserve Board is considerining changing its target inflation rate. However, they are concerned about the immediate effect on inflation. Find the sensitivity of equilibrium inflation to a change in the Fed's target inflation rate in the..
How increasing tax rates do 10 % may affect company revenue, consumer expenditure and government tax revenue in the short run for imported wine?
An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is 10, what should the promotional price be?
Describe at least three ways you could pay for your morning cup pf coffee. Illustrate what are the advantages also disadvantages of each.
Imagine that last year, Jennifer earned $80,000 in salary, and consumed $50,000 in goods and $23,000 in services. How could we best categorize the remaining $7,000.
Give an example of how the Principle of Opportunity Cost applies to your life. Think of a recent decision you made. It could be a decision as simple as whether to eat out or cook your own dinner, or it could be a decision to quit your job and go back..
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