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Suppose that there are 150 houses in the community with 2,000 square feet (providing services that rent for $10,000 per year). The interest rate is 4% and with proper maintenance all of the houses will last forever. In an election the population decides that they want public services worth $8,000 per year.
a. What property tax rate will be necessary to fund these public services?
b. How much money will be raised by the property tax rate?
c. What will happen to the value of the houses after the tax is imposed?
Why are usage-based insurance rates lower than at-rate insurance fees? Give two separate reasons and explain.
The existing equipment will be sold for $6,000. Illustrate what is the first cost that should be used.
What price does it charge. What is Lite and Kool's markup. How much profit does Lite and Kool make. Do firms in monopolistic.
Explain the aspects of expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate?
An Onyx Corporation design also manufactures a broad range of fluid handling also industrial products.
What is the process by which a recessionary gap closes itself? Explain. Why might this self-correcting mechanism work slowly in the face of a recessionary gap?
You've just won the state lottery and will receive 20 annual payments of $70,000, with the first payment arriving 1 year from today. It is easy for you to borrow or lend on the capital market at an interest rate of 8% per year. If someone offered to ..
Youngstown sold most of its output in the Midwest. Was this fact relevant.
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
Why is it often difficult to develop a realistic analysis?
A decrease in the government's budget deficit ______ the real interest rate and ______the equilibrium quantity of national saving.
Describe Wheatley theories and perspectives of leadership and organization. How do Wheatley's ideas support the new business realities?
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