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Gold cost $100 an ounce at the beginning of 1971. At the beginning of 2015, gold was $1200 per ounce.
By what compound annual percentage rate has the price of gold increased over this period? State the answer as a percentage, to two decimal places.
Please provide a summary of the current economic crises existing in Greece.
Swagelok Co. of Solon, Ohio, makes variable area flow meters (VAFs) that measure liquid and gas flow rates by means of a tapered tube and float. If tooling and setup costs were $400,000 in year 0 and an additional $190,000 in year 3, determine the ex..
Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.
(Population growth but no technology growth) Consider an economy that 12 is described by the production function Y = K^1/3L^1/ 3. What is the per-worker production function, that is y = Y/L ? What is the marginal product of capital, that is dy/dk? F..
q1. if real salaries increase but nominal salaries do not what can be said of prices on average?q2. he second year of
it is estimated that the price elasticity of demand is -3.0. Is the firm charging the optimal price for the product. Demonstrate how you know.
Restaurants have observed that large parties (eight or more) leave a lower average tip than smaller parties. Identify the effect, which also makes it more difficult to reach global environmental agreements, responsible for this phenomenon.
Some examples of tacit collusion include:
Calculate the following values, assuming a discount rate of 8%: Assuming an 8% discount rate, what is the future value of the following cash flows? Calculate how much money she could take out each year for the 20 years from her 41st birthday till her..
Suppose a single parent can work up to 16 hours per day at a wage rate of $10.00 per hour. Various incomes maintenance programs have been developed to assure a minimum level of income for low-income families, such as Aid to Families with Dependent Ch..
A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
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