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Use several alternative discount rate values (1% to 10%) to investigate the sensitivity of the present value of net benefits of the dam in exercise (1) to the assumed value of the real discount rate. Determine the "breakeven" value of the discount rate, which can be found by solving for the rate at which the present value of the stream of expected annual net benefits just equals the cost of construction.
The government is allowing for emergency procedures to aid suffering chocolate addicts.
Is there some summary article on using variation in US bequest taxation as natural experiments? Has there been variation over time or over different states? Is there perhaps a paper that already has used this?
Explain why lean manufacturing requires a stable demand environment. Describe how success to successful system archetype works. What should be done about it.
After that he expects a further increase of 25% in the subsequent four years, so that prices at the end of ten years will have increased to 180% of the present level. Compute the inflation rate, f, for the entire ten-year period.
Suppose that annual income from a rental property is expected to start at?$1,250?per year and decrease at a uniform amount of?$50?each year after the first year for the?17-year? expected life of the property.
Classify this production function by returns to scale. Comput the firms long-run cost function.
What does the economy look like when the economy is in an unemployment gap? What type of unemployment rate is it compared to the Natural Rate of unemployment? What about inflation?
Use indifference analysis to demonstrate the income, substitution also the total effects if good X is a non-Griffin inferior one.
In the typical signalling model, it is assumed that the costs of acquiring an education are higher for low-ability than for high-ability workers. Suppose that the government steps in and subsidizes low-ability workers for the higher costs they incur ..
Explain the concepts of scarcity also choice also elucidate how they function in economic system.
What effect wills an increase in interest rates have on supply and/or demand of unskilled labour. Would wage rates increase or decrease.
The law of demand implies that when the price of a good rises, people buy less of it. This makes the demand curve slope monotonically downwards. A textbook exception is the so-called Giffen good that by definition behaves in the opposite way.
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