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In the case of international trade, the risk of nonpayment is essentially eliminated with the use of a letter of credit issued through a trustworthy bank. Explain the difference between a trustworthy and a non-trustworthy bank. Hint: This question can relate to political and Sovreign issues as well as commercial issues.
I am also going to invest $ 100000 of my saings which were earning an average annual rate of 6 % what is my opportunity cost of opening a restaurant?
As the manager of a 60-unit hotel you know that all units are occupied when you charge $80 a day per unit. Each occupied room costs $8 for service and maintenance a day. In addition there is a fixed cost of $400 a day. You have also observed that for..
Fran who is in the 35% tax bracket, recently collected $100,000 on a life insurance policy she carried for her father. She currently owes $120,000 on her personal residence and $120,000 on business property. What would be the tax consequences of each..
Use production functions from the economic growth model to explain why the United States of America grew at a much faster rate than the Soviet Union in the latter half of the 20th century.
A local restaurateur whose trade had been profitable for many years recently purchased a liquor license, giving her a legal right to sell beer.
Explain how supply or demand be affected when the following things occur: Oranges- after a tornado Automobiles – after a major recall Spinach- after the FDA announces that spinach can prevent cancer Flu Vaccines – after technology was discovered to m..
The single most important health policy choice in the United States over the past four decades has noting. What evidence can you cite to support your position?
Arian is about to borrow $2,000 from his uncle. He has an option to repay the loan at the end of year 4 with 5.43% simple interest per year or with 8.99% interest per year, compounded every 5 months. What is the difference of the total interest paid ..
find the expected frequencies if the die is fair. calculate the chi-squared statistics. find the 5% critical value
Discuss the pros and cons of three main types of business organizations (sole proprietorship, partnerships, and corporations) and determine which would be the best type for the Cardigans.
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
Suppose that the cost of a unit of capital is r and the price of a unit of labor is w and the level of output is y. Write down the long-run total cost as a function of w, r, and y.
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