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An $8,000 car loan is paid off with $250 monthly payments over three years, what monthly interest rate r is the bank charging? It can be shown that this problem translates into the equation
Where r = 12i Find r.
Why does this test have limited value?
If the waiting time before the last eruption was 70 minutes, what is the predicted waiting time before the next eruption?
Given the following variables in the open economy aggregate expenditure model, autonomous consumption (C o) = 200, autonomous investment (I o) = 200, government spending (G o) = 100, export spending (X o) = 100, autonomous import spending (M o) = ..
What is the firm's marginal revenue at each positive rate of output Its average revenue d. What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate
suppose that the money demand is given by md py0.25 ? i suppose that nominal income is 100 and wealth is 500 and that
What was the motivation behind the attack?
The opportunity cost would be $200 in forgone wages for the ten hours he worked planting $100 in seeds, right The accountant would measure revenue-explicit cost= profit The economist would measure revenue- explicit and implicit cost=profit
How many of the 12 students do we expect to attend the festivities? Find the probability that at most four students will attend. Find the probability that more than two students will attend.
A decision maker wishedto maximize total benefit, B=3x+xy+y, subject to the cost of constraint, C=4x+2y=70. Set upthe Lagrangian and then determine the values of x and y at the maximum level of benefit,given the constraint. What are the maximum be..
A researcher estimated that the price elasticity of demand for automobiles in the U.S. is -1.2, while the income elasticity off demand is 3.0. Next year, U.S. automakers intend to increase the average price of automobiles by 5 percent, and they ex..
To receive discussion points, you must describe specific criteria that make the sources acceptable, the citation correct, or the paraphrase well written. Be wary of discussing the topic rather than offering substantive criticism.
Is this new demand curve more or less elastic than the original at the equilibrium?
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