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What is the present worth of the total 20 payments, occurring at the end of every four months (i.e. the first payment is in four months), which are $400, $500, $600, increasing by a fixed sum. Interest is 12% nominal per year, compounded monthly.
Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position. Cite a minimum of 3 peer-reviewed sources not including your textbook.
Sometimes when the citrus crop freezes in California or Flordia, the media report that even though there are fewer fruit available for consumers, "the total value of the crop has increased," or words to that effect. How can this be? What does this sa..
Show graphically the amount of the change that is due to the substitution effect and the amount of the change that is due to the income effect.
Why do companies cut production when they find that their unplanned inventory investment is greater than zero? If they didn’t t cut production, what effect would this have on their profits? Why?
Consider a closed economy. The profits of private corporations constitute a fraction αof national income. These profits are subject to corporate tax and a fraction β of the net profits is distributed to owners.
How was it affected by the global financial crisis (GFC) in 2007-09? What country characteristics did it have that aggravated the impact of the GFC
i) Define an indifference curve? ii) Illustrate and clearly explain the nature of indifference curves for perfect substitutes and for complementary goods? (b) Explain the property of convexity to the origin of an indifference curve?
List 1 thing the government can do to pull a nation out of a recession using fiscal policy? How might this cause the your income or someone you know's income to rise?
What happens to the terms of trade? What about welfare in the two countries? Suppose, on the other hand, that Country Y retaliates with an export subsidy of its own. Contrast the result.
Explain the impact of China, as an emerging economy, on the global economy today. How is the U.S. economy affected by monetary policy in China and the current USD/yuan exchange rate?
Elucidate what were some changes of the demand and supply fconditions that lead to the housing market bubble and collapse.
Walmart wants to open a superstore near you. List the reasons why you think they (a) should be allowed to do so; (b) should not be allowed to do so.
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