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Using Notepad++ (installed from the "Start Here!" page), write a program using Pseudocode to solve the following problem. In your program, make use of subprograms and functions with parameters and arguments.
Input a list of positive numbers (terminated by 0) into an array, find the mean (average) of the numbers in the array, and output the result. Use a subprogram to input the numbers, a function to find the mean, and a subprogram to output the result.
What is the externality associated with an individual driving on a congested highway? How do tolls help alleviate this externality? How should tolls be set? (Hint: Would you always want the toll to be the same all day?)
The world willingness to pay for oil is given by P = 200 - Q, with P in dollars per barrel and Q in thousands of barrels per month, and OPEC is planning its strategy to set the world oil price. The competitive fringe of small firms takes the price OP..
Delta Corporation has a bond issue outstanding with a semi-annual coupon with a nominal rate of 8% and 5 years remaining until maturity. The par value of the bond is $1,000. Determine the current value of the bond if present market conditions justify..
Assume that you have a budget of $30 to spend on milk and cereal only. The price of milk is PM = $5 and the price of cereal is PC = $3.50. What is the most you can purchase of cereal? What is the slope of the budget constraint?
In the late 1990's, car leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the car. Why was the manufacturer losing money on this pr..
Consider the model yt = a + b0*xt + b1*xt-1 + b2*xt-2 + vt where vt is an independent random error term with zero mean and constant variance. The one-period interim multiplier is:
Sentencing System Reform: The paper should identify the various systems used in the sentencing of offenders and discuss the effectiveness of such systems. The discussion should take into account the ethics of sentencing disparity and present possible..
In each of the following situations, what type of unemployment is Melanie facing? Explain.
Explain the concept of a Nash equilibrium. In your answer make sure that you explain how, why, and in what sense a Nash equilibrium may not yield the "best" outcome for the parties in question.
If the incremental federal income tax rate is 34% and the incremental state income tax rate is 6%, what is the effective combined income tax rate (t)? if the satiate income taxes are 12% of taxable income, what now is the value of t?
Whether businesses should be allowed to be involved in the politics and government issues? Do the businesses have the right to be involved or is it unfair for businesses to be involved given their potential economic power which create imbalances in t..
If expected inflation is constant and the nominal interest rate increased 5 percentage points, what would happen to the real interest rate?
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