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Jamal bought a 5% $1000 20-year bond for $825. He received a semiannual dividend for 8 years, then sold it immediately after the 16th dividend for $800. Did Jamal make the return of 5% per year compounded semiannually that he wanted?
Which of the following is not one of the services the Fed provides to commercial banks? If the price of one good change whiles other prices are held constant,
How is the real GDP calculated from the data and how is the growth rate of GDP calculated from the given data? Fill in the missing values of the growth rate of nominal and real GDP in the table.
suppose small country has 4 households and 3 businesses. each of the 4 households purchased 20000 in food and gasoline
Describe the practice of price discrimination and its objectives
What uniform series of cash flows is equivalent to a $100,000 cash flow, fifteen years from now, if the uniform cash flows occur at the end of the year for the next fifteen years and the periodic interest rate is 8.5 percent compounded yearly?
select a nation that has a low per capita income and discuss how the catch-up effect would work for that country.
An analyst points out that of 57,051 drivers involved in accidents last year, drivers aged 31 to 55 accounted for 24,265 cases, or some 43 percent of the total-a far greater proportion than any other age group. Should one conclude that this age gr..
James is a 35-year-old economic consultant who eagerly anticipates the day he will retire from his job and move to a lovely, but expensive, vacation spot, complete with beachfront property and a yacht. James gets income from labor income and investme..
Parties to a contract should have and understanding of what they are undertaking—a meeting of the minds. Provide an example of two parties who have reached such a clear understanding.
Is there too much or too little smoking? Explain why smoking bans on bars and restaurants do not efficient solve an externality problem.
A) What is the real value of output (Q) Now assume that the Fed increase the money supply by 10 percent and velocity unchanged. B) If the price level remains constant, by how much will real output increase
Determine the two equal deposits, the first deposit required now and the second deposit at the end of year 6, so that you can withdraw $2,000 at the end of each year for the next 12 years. Assume that money earns 4% interest, compounded monthly. T..
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