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An observer wants to estimate the height of a building. At herfirst measurement, the angle of elevation to the top of thebuilding is 45 degrees. She walks 300 feet closer to the building and determines the angle of elevation to be 60 degrees, What is theheight of the building in feet?
Texas instrument once announced a price for random-access memories that wouldn't be available until two tears after the announcement few days later; Bowmar announced that it would produce this product and sell it at a lower price than Texas instru..
What is the largest single deposit outflow can the bank comfortably handle, using only primary and secondary reserves? Note that even after this outflow the bank should have sufficient required reserves. Find it to the nearest whole dollar. Comput..
Suppose that we are selling bottles of CocaCola in a vending machine. Currently, we charge $1.50 per bottle and have discovered through trial-and error that if we increase the price by 1 percent,
A monopolist with a marginal cost of MC = 5 + 10Q experiences a change in market conditions. The inverse demand curves rotate from P = 40 - 5Q to P = 47 - 2Q. What happens to the profit-maximizing price following the rotation of the demand curve?
Economists agree that an economy cannot increase without savings. This means forgoing current consumption, saving, and investing in capital goods.
What is the meaning of Differed revenue expenditure? Give an example to justify your answer.
Illustrate the process of bringing a new international bond issue to market. What should a borrower consider before issuing dual-currency bonds. What should an investor consider before investing in dual-currency bonds.
When the price of paper increases from $100 to $120 per ton, the quantity supplied increases from 200 to 210 tons per day. The price elasticity of supply is?
How would the following changes in price affect total revenue? That is, would total revenue increase, decrease, or remain unchanged? LO2 a. Price falls and demand is inelastic
Policy makers are considering adoption of a deficiency payment program. Find the optimal size of government subsidy G (where G = Ps - Pd), when the government objective, or policy objective, is to maximize:
Consumption per capita as a function of ? and s. e. Golden Rule consumption if ? = 10%. (Hint: Find the s that maximizes consumption)
The long-run growth rate of potential output is 3% per year, velocity is constant, the money supply grows at a rate of 5% per year. Initially, actual output equals potential output. The nominal interest rate is 3.5%. Prices are sticky in the short..
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