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John is planning on repaying a debt of $25,000 with a quarterly payment $1,200 for the next 23 quarters and a final payment of “X” dollars at the end of 24-th quarter. If the interest rate is 12% per year, compounded quarterly, what will be John’s final payment?
explain why sharp decline in oil prices might not necessarily have positive or negative impact on the US equity markets (stock market) even at the current trend of volatile oil prices
How might you construct a measure of the "change in the price level" What additional information might you need to construct your measure.
Elucidate the concepts of Comparative and Absolute Advantage. Compute the opportunity cost for each country.
Consider the argument made by Thad Williamson, article 3.4 in Real World Micro . Does "more" make us happier? If not, then why do we produce more? In your answer, consider the difference between the circuit of production under capitalism and that..
How has the recent increase in the price of a barrel of oil affected the prices of bicycles, cars and airplane fares?
Prove utilizing a graph, that a diagonal line through the original would intersect each indifference curve once.
A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manufacturer.
Neville has demand function q = .02m - 2p, where m is income and p is price. Income is $8,000 and he initially had to pay a price of $40 per bottle of claret. The price of claret rose to $80. The substitution effect of the price change is?
our company values the three tons of channel steel at $12,000. Illustrate what is your optimal bid. Elucidate how all step by step calculations to arrive at solution.
Illustrate what is the change in quantity of money that will eventually result. Assume that the currency drain in 0.15 and the desired reserve ratio is 0.05, and show your calculations
How do you use indifference curve analysis to explain the price ; income and substitution effects and to demonstrate the delegation of the demand curve for different types of goods
Assume the average value of P is $ 3 and the average value of Po is $ 6. Illustrate what is the price elasticity at the average values of P and Po.
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