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Sandy could take a job paying $10,000 a year when she graduates from high school, or she can go to college and pay $9,000 a year for tuition. Measured in dollars, what is her opportunity cost of going to college next year?
If the going rate of interest is 10%, using net present value, advise the firm as to which of the two methods (buy or hire) should be used to obtain the printer.
The sale of existing U.S. Treasury securities by the Federal Reserve: Imagine an indifference curve graph with units of clothing on the y-axis and visits to the neighborhood pizza joint for dinner on the x-axis. If the indifference curves for this in..
What is the numerical value of the saving rate maximizes steady state output per effective worker? Clearly explain why households would have a problem with this saving rate. In the steady state, what are the growth rates of Y /(EL), Y /L, and Y ? Pol..
Dorinda, Luis, and Elizabeth form a limited partnership. Dorinda is a general partner, and Luis and Elizabeth are limited partners. Consider the separate events below, and discuss fully whether each event constitutes dissolution of the limited partne..
complete the given Cases - HL BOLTEN-ARTIFICIAL LEGAL PERSON - Consumer law-Implied terms
Illustrate what is the marginal revenue product function. Assume which most workers in Pakistan work 48 hours per week also which there are four weeks in a month.
when y converted their savings into deutsche marks, y flocked to Volkswagen dealerships. How can you explain this apparent paradox.
Assume that the supply of labor to some industry is inelastic at Es, and that the industry has a standard, negatively sloped labor-demand curve. Depict the equilibrium. Now suppose that the government mandates that every employer must pay each worker..
What is the infant industry argument for protectionism? Is the argument rational or an irrational appeal to emotion? Think carefully about why a country would wish to have particular industries located within their own borders
Insurance and social policy. You have been hired by an insurance company to help them launch a new product which would pay for long-term care in a nursing home for people at an average cost of $150,000/year. Who would you expect would buy your policy..
Suppose that the government increases spending from G to G1 while simultaneously raising taxes in such a way that, at the initial level of output, the budget remains balanced. Show the effect of this change on the aggregate demand schedule. How does ..
Which market structure that may have two demand elasticities. Which market structure has less elastic demand?
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