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Given that you can earn 3% return per year with inflation running at 4% per year, how much would you have to deposit today if you wanted to collect the equivalent of $1,000,000 in today's actual dollars 30 years from today? Also, explain why you need to deposit more or less than $1,000,000 today to receive the equivalent of that amount in 30 years.
Elucidate the own price elasticity for ATM fees charged to non-customers. At the current ATM fee, should you raise or lower your ATM fees.
Elucidate how your explanation differs from the explanation for the downward sloping demand curve for a single product.
Assume as a professional economist debate about the wisdom of pursuing discretionary fiscal policy.
A person rents a home for which she pays the landlord $12,000 a year. The can can be bought for $100,000 and tenant has this much money in a bank account that pays 4 percent interest per year.
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Construct a table showing Walkers marginal sales per day in each state.
Life insurance companies require applicants to submit to a physical examination as proof of insurability prior to issuing standard life insurance policies.
The company for Economic Cooperation and Development (OECD) provides some of the best data and statistics available for comparative international work.
A business have 4-lockbox collection centers that average $235,00 in payments each day. Payments are invested daily in shortterm securities at collection center banks.
What would an economists say that the burden of the FICA tax is shared equally. Who bears more of the tax burden Workers or employers.
If every time real GDP exceeds potential GDP, contractionary policy is used & whenever real GDP is less than potential GDP, GDP equal potential GDP and then aggregate demand raised.
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