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Assume that you hit the $5 million jackpot in the PA Lottery, which promise you a payment of $1 million every year for the next five years. Should you be excited that you have really won $5 million? Why or why not? Find out your total actual payout at the end of the 5 years.
How is the effectiveness of team selling demonstrated by the Reynolds team, and what are some of the vantages to this method in this particular case?
Find mathematically and graphically the Equilibrium price and Quantity? If the price is 10 Riyal, what kind of surplus we will have and how much is it? If the equilibrium price increased by one Riyal, what will be the quantity demanded?
Unemployment benefits and food stamps are two examples of government transfer programs. What do price floors and ceilings implemented by agricultural price support programs and rent control programs have in common with these programs? Explain.
As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method and you need to determine an appropriate hurdle rate.
You find that your paycheck for the year is higher this year than last. What does that mean that your real income has increased. Explain carefully.
Calculate the original market equilibrium price and quantity in absence of the price support policy.
A nation will generally be able to consume less when it trades because of lost jobs to outsourcing. The consumption possibilities curve generally crosses the production possibilities curve. A nation that decides to specialize and trade is no longer l..
Calculate the following: quantity, total revenue and profit when the company maximizes its profit and charges the same price in both markets.
Assume an open, mixed economy. That is, foreign trade is part of the economy, and the economy includes both a public (government) and a private (consumers and businesses) sector. Will these actions by Congress expand or contract the economy or are th..
The federal government recently announced intent to buy large numbers of Treasury Bonds. Explain how the federal government expects this to improve the economy. Compare this to other companies buying their own stocks. Make a prediction as to the succ..
In macroeconomics, international trades play a role in almost every item we purchase in our daily lives. For example, Colgate toothpastes are “Made in Mexico”, items that are “Made in China”, “Made in Malaysia”, etc. What are your views and opinions ..
When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of the following scenarios represent expansionary fiscal policies from both a supply and demand perspective at the same time?
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