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Suppose there is no inflation and an insurance company offers a contract that would pay $500,000 with certainty 50 years from now. What is the most that this contract would be worth today if:
1. The rate of interest is 7%.
2. The rate of interest is 3%.
Many economists specializing in "growth theory" contend that developing countries may achieve strong economic growth by increasing the amount of capital and labor available for production, but that this type of growth strategy is incapable of support..
Machine X has an initial cost of dollar 10,000, annual maintenance of dollar 500 per year, and no salvage value at the end of its 4-year useful life. Machine Y costs dollar 20,000. The last year there is no maintenance cost. The second year, maintena..
Relate some experience where bargaining was useful and describe the circumstances and the outcome for both parties.
Show where or not above production function exhibits diminishing marginal productivity of labour. Determine nature of Return to Scale as exhibited by above production function.
Purchasing Power Parity (PPP) implies that
Which of the following are reasons that the aggregate demand curve slopes downward? Check all that apply.
What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
what will be the present worth of the fund after 35 years if it earns 5% per year? Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri
Describe the industry and explain the general pattern of change of the particular market model.
Estimate the cost each year for the first 5 years. The population is increasing at 6%, and the tons per resident are increasing at a rate of 1%.
Many Canadian universities have traditionally offered an undergraduate degree in liberal arts (the product) to full time 18 to 22-year-old students (the market). How might such an institution use the four market-product expansion strategies shown in ..
Over the last 10 years, from 2005 through 2015, the European Union economy grew by 12.1%. What is the average annual percentage growth?
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