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Consider a three-year car loan. The price of the car is $10,000. The interest rate is 5% for the first year but is 10% for the remaining years. What should be the (fixed) annual payment?
1. A market in which there is an additional transaction that would benefit a buyer, a seller, and any third parties affected by the transaction is called
A. a free market
B. a contestable market
C. an efficient market
D. an inefficient market
E. a lucrative market
2. In the case of spillover benefits or costs,
A. the free market yields the efficient outcome
B. the free market yields an inefficient outcome
C. the free market no longer equates marginal private benefits to marginal private costs
D. the market must be imperfectly competitive
E. none of the above
Suppose the real side of an economy is characterized by: Y = 80K1/2 L1/2 K=100 and L= 100 G = 3000 T = 3000
Does this critical path make sense. Do your predecessors make sense. How accurate are your durations? What could be done to improve accuracy of your durations.
q1. walker inc. is trying to determine its price debt. firm has a debt issue outstanding with 15 years to maturity that
Consumers buy from the lowest price firm, and the highest price firm sells nothing. If the firms pick the same price, they split the market demand equally.
Explain how specifically can GDP be adjusted to better measure well-being.
q.two consumers jorge and admen together own 1000 baseball cards and 5000 pokeacutemon cards. let xr denote the
Assume demand for a medical service is given by the equation P = 1000-2Q. Assume the price without insurance is $100, but insurance reduces the consumer’s out-of-pocket price to $50. How many extra services will be consumed as a result of the out-of-..
Why does a teacher earn less than a firefighter? Why does a union electrician earn less than a non-union electrician?
q1. elucidate relationship among production curves average product and marginal product also cost curves average
Calculate Required Reserves and Excess Reserves. What is the total amount of money this bank could create by loaning all of its Excess Reserves?
Elucidate what type of returns to scale does this technology represent.
Illustrate what would be new equilibrium if re is an increase in autonomous import expenditure from 100 to 200 which result from an increase in currency exchange rate.
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