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1. Suppose that you have saved $100. You can spend it today or you can put it in your savings account for a year and earn 5% interest. What is the opportunity cost of spending the money today?
2. What is the difference between capital goods and consumer goods?
3. What is the opportunity cost of producing a capital good such a new road?
4. In economic terminology, what is the meaning of investment?
5. How does an individual know whether or not an investment in education is worthwhile?
6. Define opportunity cost. Given the definition of opportunity cost, explain what is meant by the statement "There is not such thing as a free lunch."
This year, a competitor has developed a similar toy that has significantly reduced demand for the toy truck. Now the original manufacturer is deciding whether they should continue production of the toy truck. If the estimated demand is 100,000 tru..
When inflation occurs some economic agents gain and some lose. Who would gain and lose if deflation occurs Why What will happen to interest rates and investment according to Keynesian and Classical/ Monetarist theories
Illustrate what happens in the market for apartments when the government institutes a price ceiling that is lower than the market price. What could be some actions taken by renters and landlords when dealing with a price ceiling.
Empirical studies reveal a positive correlation among ethical conduct in a corporation and job satisfaction.
If supply decreases along a given demand curve. Fiscal policy focuses on manipulating.
collect data on two indicators growth of gdp and investment as a share of gdp. present this data in two separate graphs
In 1982 the Johnson & Johnson Company credo was suddenly taken to task when an unknown quantity of Tylenol capsules on the shelves of one or more drug store(s) in Chicago was/were laced with cyanide, and seven people died.
What is the total labor force participation rate - what is the unemployment rate for females? What is the labor force participation rate for females?
Widgets R Us, which is a price-taking firm, is currently producing 250 units of output. The market price is $3 per unit, the marginal cost of the 250th unit is $2.75, average total cost is $3.50 per unit, and average variable cost is $2.50 per unit.?
A large rear dump truck working in a coal mining operation under good conditions has a present purchase price, compute the estimated repair cost per operating hour.
Leaving aside any normative issues involved in this discussion,what would happen to the level of demand for union workers in theU.S. if the anti-sweatshop movement is successful?
BA 6340 Economics, Calculate the expected value and the variance, If these are really mutually exclusive alternatives, what does this tell you about his attitude towards risk. (Explain carefully.)
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