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You graduated from college and landed a good job. You want to replace your car but you do not want to take out a car loan. Instead, you decide to invest $100 per month in the stock market and hope to earn 8%. If the market performs as you hope, how many years will it take you to accumulate $30,000. Ignore taxes.
Why do you believe legislation is passed to mandate minimum wages, when evidence, such as cited in Macpherson's article exists?
Assume that you have an economy that is in the early months of a recession. Unemployment is 7.2% and rising. Inflation is at 1.2% and relatively stable at the level. Consider a policy based on Taxes. Develop a policy that will help get the economy ou..
Two companies are deciding at what point to enter a market. The market lasts for four periods and companies simultaneously decide whether to enter in period 1, 2, 3, or 4, or not enter at all. Thus, the strategy set of a company is {1,2,3,4,do not en..
The following graph shows the daily market for jeans when the tax on sellers is set at $0 per pair. Suppose the government institutes a tax of $5.80 per pair, to be paid by the seller. (Hint: To see the impact of the tax, enter the value of the tax i..
Based on Ruhmís paper on recessions and health, what are the age group where mortality has the strongest percentage response to an increase in the unemployment rate? What are Ruhmís conclusions about potential mechanisms that could explain the negati..
Compare and contrast the overall goals and purposes of tort law from a law and economics perspective and a distinctly evangelical Christian worldview
Explain the 4 ways the Federal Reserve would increase the money Supply and explain and graph how this would impact interest rates, consumption, and investment, AD, GDP, Prices and Unemployment. (Make sure to include both the money and the goods graph..
During the fiscal expansion associated with the Vietnam war, what type of expenditures was initially "crowded out?"
People should control water, not corporations. Water is a common resource and we all have an equal right to this precious resource and a responsibility to protect it. Pre-Paid Water Meters: Why they violate human right to water.
Suppose that laws are passed banning labor unions and that resulting lower labor costs are passed along to consumers in the form of lower prices. Use the aggregate demand–aggregate supply model to illustrate graphically the impact in the short run an..
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of the victims might you expect to arise under these two arr..
Suppose that in a closed economy GDP = $12,000, Consumption = $8,000, and Government Purchases = $3,000, and Net Taxes = $2,000. 25.1. Refer to the scenario above. Calculate the value of disposable income. $ 10,000 Please enter a whole number, with n..
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