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Discuss the Middle East's relationship with the West now vs. in the 19th century.
The annual income from a rented house is $12,000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?
Using diagrams for both industry and a representative firm, illustrate competitive long run equilibrium. Assuming constant costs, employ these diagrams to demonstrate
The individual demand curves for food for 2 households. These are household A and household B. The demand for household A for food is given.Calculate the market demand for food.
Suppose the following table describes the marginal costs and marginal benefits of waste (garbage) reduction. What is the optimal amount of garbage What is the situation if no garbage is allowed to be produced Percentage of Waste Eliminated/Marginal..
1. Suppose that a local government decides to provide more funds to the local police department in order for the department to hire additional police officers. Is there an opportunity cost of this action? If so, how would you measure it?
On the other hand, you might also analyze in detail the effects of higher unemployment among a business cycle downturn.
Illustrate the price elasticity of demand at the equilibrium price and quantity.What is the price elasticity of supply at the equilibrium price and quantity.
In view of the weak economy of the last several years, explain which of the four components of GDP had, or is having, the greatest positive impact in our economy.
The assets of the business raised £52,500, out of which £4,204 was paid in fees during the process of bankruptcy. (a) Calculate the ratio of assets, before fees, to liabilities, in its simplest terms
discuss the different economic theories of Milton Friedman. Why was he important? Has he helped or hurt our economy? If he were alive today, what do you think he would suggest as an economic plan for our economy? Would he agree or disagree with th..
How ca one examine the growth in the various agricultural sub sectors of the Nigerian economy between 1981-20013 and what are the factors affecting domestic agricultural production in Nigeria?
At a furniture company, customers who purchase on credit, pay an annual effective interest rate of 36% based on monthly compounding. What is the nominal, annual interest rate they pay?
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