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David has homeowners 3 policy that provides $280,000 of insurance on his dwelling, which has a current replacement value of $400,000. Ignoring any deductible, how much will David collect if a kitchen with a replacement value of $24,000 but an actual cash value of $20,000 is destroyed in a fire?
What are some of the elements of price control how does one handle ceiling inefficiencies?
How do you think this elimination of trade barriers affected EU output?
Assume that the supply and demand curves in a market are described by the following equations. Supply: P = 5+5 · QS Demand: P = 86. Graph the supply and demand curves in this market. Be sure to put the quantity (Q) on the horizontal axis and the pric..
You graduate from UAlbany and receive a job offer that includes a "retention" or "stay" bonus. At the end of 3 years the employer will pay you $50,000 to offset your tuition. a. What is the value of this assuming you use 3% to discount the future? b...
Susan gets a job upon completion of her MSME degree with a mechanisms design firm. Her starting salary is $70,000; each successive year she gets a 5% raise. Assuming she deposits 10% of her salary each year into a fund earning 8% interest, how much m..
Which of the following is included in both the U.S. GDP and U.S.? GNP? The primary policy goals of the United States are. Which of the following is a true statement about real and nominal? GDP?
Congress shall not levy taxes or impose quotas on either imports or exports: Analyze and discuss how you think it would work. Provide a Biblical analysis as well. Back up your answers/remarks with quotations from your text, other written sources, ..
Determine which account of the Balance-of-Payments is affected by each of the following transactions. (E.g. Current Account–Transfers) Consider three countries Hungary, Mexico and the United States, which sell identical t-shirts. If the price of the ..
Which of the following is not a characteristic of a monopolistically competitive market structure? There are low barriers to entry of new firms. All sellers sell products that are differentiated. There is a large number of independently acting small ..
Explain, using managerial economics, why sports economists believe ticket prices are too LOW. No more than 75 words, please. You can do an excellent job with 40 - 50 words if you are concise.
The Japanese health care system has two unusual features compared with many other nations’ systems:
A bag of 100 tulip bulbs purchased from a nursery contains 35 red tulip? bulbs, 35 yellow tulip? bulbs, and 30purple tulip bulbs.
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