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(Wall Street Journal) Data on the consumer price index are released near the middle of each month. Data on GDP are released on the last Friday of each month (in preliminary, revised, and then final form).Analysis of these data releases appears in the first section of the following weekday's Wall Street Journal. Look in the Economy section to find the story. What do the latest available data tell you about the current rate of inflation and the current rate of GDP growth? Is the economy in a recession or an expansion?
Derive an equation for the marginal rate of substitution betweenx and y for an individual with these preferences. Interpret theMRS. What is the MRS at the point (xC, yC) = (2.5, 2.5)
monthly payments on a loan is $1000 for the next 10 years. Determine the value of the loan if the nominal rate 6% compounded monthly. if we want to pay the loan in 50 months what is the monthly payment
List advantages and disadvantages of rationing by queue, by lottery, and by coupon. If the government permitted a black market to develop, might some of the disadvantages of these systems be reduced?
On the basis of the financial data presented, compute the various financial ratios and make an informed analysis of Nano's financial health.
Use comparative static analysis to illustrate (that means draw graphs) and describe what should happen to the equilibrium price and quantity in the markets for wild salmon and the Languedoc white wine, given just this information. Be specific but ..
Do you think that the aptitude test is useful for selecting students for admission to the course, and if so, how would you determine the pass mark? (Discuss the trade-off between Type I and Type II errors associated with the choice of pass-mark.)
What is the opportunity cost of future growth?
It is estimated that US tobacco settlement betwwen major tobacco companies and 46 states caused the price of cigs to jump by 45 cents per pack (21 per cent) and overall per capita cig consumption to fall by 8.3 per cent. What is the elasticity of ..
Has the power of unions in the U.S. economy been shrinking or growing in the last few decades? Why? In what sector has union growth been largest? Why might this be so?
The amount of the loan was $23,800, and it had an interest rate of 10% per year. However, because the new graduate had not built up a credit history, the bank made him buy loan-default insurance that cost 5% of the loan amount.
What happens to those factor prices when the price of cloth rises? Who gains and who loses from this change in the price of cloth? Why? Do those changes conform to the changes described for the case with factor substitution?
a construction firm needs a new small loader. it can be leased from the dealer for 3 years for $5500 per year including all maintenance, OR it can be purchased for $20,000. The firm expects the loader to have a salvage value of $7,000 after 7 year..
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