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Mark quit his job as a salesman where he made $43,000 per year to start his own t-shirt making business. His business expenses are $6,000 per year on rent, $12,000 per year on supplies, and $4,000 per year on part-time help. As for his personal expenses, his apartment costs him $4,800 per year and his personal bills are an extra $1,200 per year. What is Mark's opportunity cost of running the business?
Illustrate what is a fixed exchange rate system. Discuss whether it is basically good or bad, and explain.
One of the questions in a survey of high school students asked about lying to teachers. The following table gives the number of students who said that they lied to a teacher at least once during the past year, classified by gender. Lied at least o..
assume the consumption function is given by c2000.5y-t and the investment function is i1000-200r where r is in percent.
Assume that gross private domestic investment is $800 billion and the government (state, local, and federal combined) is currently running at $400 billion deficit. If households and business are saving $1,000 billion, what is the value of net exp..
The subsiquent table provides how the number of security guards affects the number of guards affects the number of radios stolen per week.
Level of GDP per effective worker and explain whether this economy is following the Golden rule
a. What were the main causes for the financial crisis that hit the world economy in 2007- 2008 b. What caused the European debt crisis Brieáy discuss the situations in Greece, Ireland, Spain and Portugal - what are the main problems in these econo..
1. find the present value of each of the two following sets of cash flow events.a. immediate investment year 0 of 15000
a. What is the marginal tax rate in Waxwania? percent The average tax rate? percent Which of the following describes the tax system: proportional, progressive, regressive?
Explain how one might interpret periods where these measures are significantly different from each other as periods during which supply shocks occurred.
The student will chose a country and a MDG goal and write a 25 page (single spaced) evaluation of the countries efforts and progress in meeting this goal. Projects will be modeled after a profession report (color graphs, bound, table of contents ect..
How did the Bretton Woods system operate? What caused its collapse? Some think the current system of managed but floating rates is too unstable.
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