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Write the rule of 70. Suppose that your great-great-grandmother put $50 in a savings account 100 years ago and the account is now worth $1,600. Use the rule of 70 to determine about what interest rate she earned. List three different ways that a risk-averse person can reduce financial risk.
1. a perfectly competitive market arises whena the market demand is small relative to the output of a firmb there are
Compute the probability of failing to stop at an intersection, given the driver was on the cell phone.
unemployment is costly to employers employees and the economy as a whole. what are some explanations for the
What is the total product function for Dimex? The average product function? The marginal product function?
Assume also that her money holdings or the price level stay constant over time. write down the “life-time” budget constraint of this farmer,assuming that her planning horizon extends only two periods into the future.
Adjust the graph to show the effects of improvements in farm technology. Explain the processes underlying these effects. You may clarify your response with hypothetical prices and quantities.
If the Federal Reserve buys a $10,000 government bond from an individualin the economy, what is the initial effect on the money supply? What is the ultimate effect on the money supply?
if you were the ceo of a womens clothing retail firm what specific strategies can be used to sustain profitability at
chris has an income of 90 per month at allocate between goods a and b. initially the price of a is 3 and the price of
If the price elasticity of demand for gasoline is 0.3, and the current price is $1.20 per gallon, what rise in the price of gasoline (in cents or dollars) will reduce its consumption by 10%? please explain.
unemployment is one of the major concerns that people have in todays economy since losing ones job can be one of the
much has been made of the fact that people dont consistently act with scientific rationality. what is meant
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