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A project that incurs costs in early years and yields benefits in later years has been estimated to have costs just equal to benefits, in present value terms and ignoring risk factors. The project would be reevaluated as having greater benefits than costs if a. the discount factor were lowered. b. the discount rate were lowered. c. the discount rate were raised. d. either a or b was true
"The principle of the invisible hand asserts that self-interest behavior on the part of resource-owners leads inevitably to chaos" true or false, why?
Assume Microsoft chooses to produce 80 million copies of the software per year and sells copies of the software to retailers at $199 per copy.
The natural environment poses a problem for economic theory. Even if we accept, for the sake of argument, that the free market serves employer and employee, buyer and seller, equally, the environment may be harmed by market transactions.
The time needed to complete an exam is normally distributed with (M,O^2) If 2.28% of the class can expect to complete the exam within an hour or less, and if 6.68% of the class need more than an hour and 35 minutes to complete the same exam, then wha..
Draw the graph of the indifference curve maps for each scenarios. Put good X on x-axis and good Y on Y-axis. Draw 3 indifference curves and labeled U1, U2 and U3 from the highest to the lowest utility level. a. Good X is economic bad. For good Y, mor..
Using general equilibrium analysis, graph and explain the effects of a small country levying a tariff on a -good. What may be some of the long term effects not addressed by general equilibrium analysis?
Given below is information on all of the entries in Balance of Payments of a hypothetical developing country: What is the value of current account balance? What is the value of capital account balance? What is the value of cash reserve account?
If the Law of One Price holds true, what is the implied nominal exchange rate? Enter your answer as the number of Yuan per dollar. Round to the nearest whole Yuan.
The Lemon Test involves the Supreme Court's interpretation of which of the following constitutional provisions?
By how much did the disposable income of rich people decrease as a result of the 2012 hike in the top marginal tax rate from 35 to 39.6 percent? Assume they have $2 trillion of gross income in the highest bracket.
Describe and explain the specific components of a project management plan. Provide an example from your own experience or observation of a summary level or detailed project management plan and substantiate how that plan was used to managed the projec..
You learned that Texas has a tax system that is generally “regressive” because it relies heavily on sales taxes rather than income taxes. What are the definitions of regressive, flat, and progressive when it comes to taxes? Why a sales tax is conside..
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