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A woman made 10 annual end-of-year purchases of $1500 worth of common stocks. The stock paid no dividends. Them after holding the stock for 5 years, she sold all the stock for $38,000. What interest rate did her investment earn?
Assume that the formation of a customs union turns out to include the lowest-cost world producer of the product in question. Which effect could not occur for the participating countries?
Elucidate the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
Briefly define the following terms. Tariff escalation, Optimal tariff rate, Ad valorem tariff equivalent, Voluntary export restraint (VER), Terms of trade effect (of subsidy), Harmonized System (HS) of commodity Classification, Common external tariff..
Given the production function Y = A and fixed values for the saving rate and depreciation, if productivity is growing at an average rate of three percent, and the labor input grows at two percent, there is a unique growth rate of capital that is su..
Suppose a (very small) country has a central bank who has issued 100m of money, where nominal output is 350m annually. How frequently is the average piece of money used? Give two realistic occurrences that might drive changes in the velocity of money
What are carrying costs in the denominator of the economic order quantity (EOQ) formula? How do large carrying costs affect the economic order quantity?
If a perfectly competitive firm raises its price, the quantity demanded of its product __________. The demand curve as perceived by a perfectly competitive firm is __________. Would raising the price for a product create a larger decline in quantity ..
If the price of a fixed factor of production increased by 50%, what effect would this have on the marginal coast schedule facing a firm? a. None, because fixed costs don't affect marginal costs b. marginal cost would increase by 50%, c. marginal cost..
Elucidate the reason Explain why a competitive firm should stop producing immediately if the price is lower than the average variable cost.
1. derive the fundamental equation of the solow model2. country a as well as country b both have the production
A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive office was at least nine years. A survey of companies reported in the Wall Street Journal found a sample mean tenure time of 7.27 years with a standard de..
q1. explain the effects of the increase in global demand for cell phones on the market for cell phones and on an
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