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Let's assume you want to open one of the following new businesses. What form of business ownership would you choose for each business? Why?
a. Video game rental store
b. Wedding planning service
c. Software development firm
According to the quantity theory, money in the long run affects: If the Fed increased the supply of money, and velocity remains unchanged, according to the quantity equation: The velocity of money is: The quantity theory of money states that: In a co..
Using the appropriate graph, carefully describe why utility maximizing households would most likely chose to have fewer children as their income grows.
Country A has real GDP per person of 250,000 while Country B has real GDP per person of 500,000. All else constant, Country A will eventually have a higher standard of living than Country B if
Which decision should Paul make using the expected utility approach? Compare with the decision using the expected value approach.
What is the test statistic for the null hypothesis that mu=10 when the point estimate is 13 and the sample standard deviation is 2 and the sample size is 17.
Analyze a market environment with tacit collusion, including deterrents from entry.2. Evaluate the profitability of entering the market.3. Examine how the time horizon affects the profitability of entering the market.
As asset is purchased in September and is being depreciated over 7 years using MACRS 200% Declining Balance depreciation switching over to Straight Line Depreciation, with the mid month convention. In what year should the depreciation method be switc..
Using the alternative fuels initiative (ethanol) as an example, explain the cost/benefit approach that a typical economist might take to analyze proposed policy changes?
q.the kentucky derby is held the first saturday in may at churchill downs in louisville kentucky. the race track is one
What is purchasing power parity? How is it different from exchange rate? Demonstrate difference between the two.
A firm has fixed operating cost of $10,000, the sales price per unit of its product is $25, and its variable cost per unit is $15. The firm's operating breakeven point in units is _______ and its breakeven point in dollars is _________
Assume the United States has the following consumption information: GDP=Income $4000, $6000,$8000,$10000,$12000; Consumption $4500,$6000,$7500,$9000,$10500. Also the economy has G=$1100, I=$404, and Xn=$15. Unemployment in the economy is currently 5...
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