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Let A[1..n] be an array such that the first n-n√ elementsare already sorted (though we know nothing about the remainingelements).Give an algorithm that sorts A in substantially better thannlogn steps.
In a simple economy assume that all income is either compensation of employees or profits. Suppose also that there are no indirect taxes. Compute gross domestic product from the following set of numbers.
Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.
Explain what is meant by the multiplier and explain what variable determines its size. Prove through use of algebra that in a two sector economy saving must be equal to planned investment at the equilibrium level of output.
Suppose you'll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4% per year.
Illustrate what were some changes of the demand also supply fconditions that lead to the housing market bubble and collapse
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
The insurance company informs her that she has two options: (1) she can receive the entire $500,000 in one lump-sum payment or (2) she can receive annual installments of $58,000 for ten years.
Describe the following from an economic perspective and give numerical examples:
Would you have been less likely or extra likely to borrow the money if they had known the true inflation rate? Who was hurt by the fact that the actual inflation was not equal to the expected inflation rate, the lender or the borrower?
Elucidate marginal utility explains a lot about human behaviour.
Two years ago I bought a new car for $36,000.If my monthly payment was $500.00 and my interest rate was 3% compounded monthly,how long would it take to pay off the loan?
How has this revolution changed the economy of the nation? How has it impacted jobs? What does this mean for the US of today in terms of international relationships and responsibilities?
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