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How much money must be invested in an account that pays 6% per year interest to be worth $20000 at the end of 8 years of (forgetting the leap years and making "convenient" assumptions) : annually
A decrease in demand for coffee can be cause by:
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
The following equations apply to an economy: C=400+.9(Y-T) I=250-50r (M/P)d=Y-300r You also know that government spending and taxes are 500 and the nominal money supply is 4000. The price level is 2. Make sure you simplify your equations. What are th..
Think of a good product that you have purchased recently. If the price of this item increases, how would this affect the quantity of the good that you consume? Is the Demand for this good Price elastic or Price inelastic? Using specific examples, rel..
Parking shortages are a perennial problem on many college campuses, while parking surpluses exist at most shopping malls (except, perhaps during the Christmas season). Explain and show graphically the two cases on separate diagrams. Describe and show..
An asset is purchased for $20,000. If it has a useful life of 10 years and salvage value of $5000. a) Use the DB and DDB methods to determine: the depreciation charges and book values for years 2, 4, 9, 10. b) What is the implied salvage value for th..
Prove the Heckscher-Ohlin theorem. Assume two different sets of factors abundances for two countries and derive the resulting free trade triangle. Use the combination of words and graphs for the answer.
q.assume a consumer has 600 to spend on two goods good x as well as good y. the cost of good x is given by px 20. the
Which of the following expenditures are not included in the consumption component of GDP?
A sample that does not over represent any portion of the population also whose responses can therefore be safely generalized
Consider a monopoly where the inverse demand for its product is given by P = 50 ? 2Q. Total costs for this monopolist are estimated to be C(Q) = 100 + 2Q + Q2. At the profit-maximizing combination of output and price, deadweight loss is:
q1. suppose the parliament passes legislation making it more difficult for firms to fire workers e.g. law requiring
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