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Construct an example of preferences for which the majority voting outcome is not the median. Given these preferences, what is the median voting outcome? Is there a Pareto preferred outcome?
a large induced-draft fan is needed for an upgraded industrial process. the motor to drive this fan is rated at 100 horsepower, and the motor will operate at full load for 8760 hours per year. the motor's efficiency is 90%.
Show that if the economy starts with less capital than its steady-state level, it will immediately jump to the steady state by borrowing internationally. How will the economy repay this debt?
a bank is offering to sell 6-month certificates of deposit for $9500. At the end of the 6 months, the bank will pay $10000 to the certificate owner. based on a 6-month interest period, compute the nominal annual interest rate and the effective ann..
Do these assumptions, in your opinion, bring the model closer to or further from the world as you know it?
Draw up a balance sheet for the bank. What is its net worth?
Examples could include (*but are not limited to*) GDP, some measure of inflation, or any other measurement ofmacroeconomicactivity. Alternative measurements are encouraged! (As long as they're valid and adequately compared to other measures.)
You just inherited $10,000. while you plan to squander some of it away, how much should you deposit in an account earning 5% interest per year if you'd like to have $10,000 in the account in 10 years
Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year
Use ROR analysis to determine whether it is better to sell the rights to the property today (time zero), or begin development using either the "A" or "B" scenarios. Assume the investor is seeking a nominal before-tax minimum ROR of 10%. Verify you..
The average 15- year- old purchases 12 CDs and 15 cheese pizzas in a typical year. If cheese pizzas are inferior goods, would the average 15- year- old be indifferent between receiving a $ 30 gift certificate at a local music store and $ 30 in cas..
The classical approach says that monetary changes directly affect the price level,the Keynesian approach states that changes in money affect the economy only indirectlythrough changes in interest rates and investment.
How to draw a graph of a probability density/distribution (x and y axis)?
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