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A small company wishes to set up a fund that can be utilized for technology purchases over the next six years. Their forecast is for $16,000 to be required at the end of year 1, decreasing by $2,000 each year thereafter. The fund earns 6 percent per year. How much money should be deposited to the fund at the end of year 0 to just deplete the fund after the last withdrawal?
An economy is currently made up of a firm that produces bread, a firm that produces butter, and a consumer who consumes both bread and butter. Current production is 100 units of bread, 50 units of butter which the consumed by the consumer.
An externality is a) a cost or benefit resulting from some activity or transaction that is imposed or bestowed on parties outside the activity or transaction b) the total cost to society of producing an additional unit of a good or service c) th..
for the firm the major goal of profit sharing plans is to ltbrgtfor the firm the major goal of profit sharing plans is
how does the minimum wage law present a trade-off between economic efficiency and social
Starting from short-run equilibrium, the following occurs: personal income taxes rise and foreign real national income rises. What is the effect on the price level, Real GDP, and the unemployment rate in the short run
question 1 suppose the nation of alphonia was charged with dumping electric lawnmowers in the nation of omegalon. the
An inflation shock is a disturbance to the usual behavior of inflation that shifts the IA line. A supply shock is a change in the natural rate of output. Graph the long and short run effects of a positive inflation shock and a negative supply shoc..
1. which of the following is not a condition of long run competitive equilibrium?a. there is no incentive for firms to
Identify the choice that best completes the statement or answers the question and table shows a game played between two players, A and B. The payoffs in the table are shown as (Payoff to A, Payoff to B).
Proponents of these subsidies lobby government and argue that these subsidies are justified because there are positive externalities from people owning homes instead of renting. Perform a Google search to find what externalities these proponents c..
a.)define the concept of economic models b.)define scarcity and choices and their relationship in the study of economics c.) why do economists disagree d.) Name and define economic resources or factors of production
if there was no item in the economy widely accepted in return for goods and services how would transactions be made?
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