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1. What is your opinion of the factors of value this appraiser discussed?
2. Do you feel that more important factors of value were left out?
3. What percentage of the value assessment do you feel a kitchen or bathroom condition should contribute towards the final value estimate?
4. What other ways would you approach the appraisal of a home?
Consider an increase in the lump sum transfer T. Use theconcepts of income and substitution effects to explain why an increase in the lump sum transfer will reduce the amount of labor supplied.
Let a linear demand function be expressed as Q = a + bP, where b
Tony spends $36 per month on cookies. For him, chocolate chipcookies and peanut butter cookies are perfect substitutes.Chocolate chip cookies are $4 per dozen and peanut butter cookiesare $3 per dozen.
where L1 is the number of workers employed in Sector 1 and L2 is the number of workers employed in Sector 2. The total number of workers in the economy is 1,000. The only difference between the sectors is that in Sector 1 workers are paid their ma..
The first is a 15-year to maturity bond with a 6.60% coupon rate, paid annually. The price of this bond today is 100% of face value. The second bond is a 20-year to maturity bond issued 7% coupon rate, paid annually. The price of this bond is 101...
If the current level of output is 800 million, the marginal propensity to consume is 0.8 and taxes are unrelated to income, what is the new equilibrium level of income if investment increases by 15 million
Suppose that US prices rise 4 percent over the next year while prices in Mexico rise 6%. According to the purchasing power parity theory of exchange rates, what should happen to the exchange rate between the dollar and the peso?
The reading for this module discusses panel data and the use of pooled cross-sectional analysis. Post a research question you would be interested in pursuing. Then discuss and predict the outcomes with the use of panel data and the use of pooled c..
The industry demand function for bulk plastics is represented by the following equation: P=800-20Q Where Q represents millions of pounds of plastic. The total cost function for the industry, exclusive of a required return on invested capital, is TC=3..
You'll earn $0.50 on each bagel, $0.50 on each cup of coffee, and $1.00 on the other items. Salaries, equipment, and rent cost about $100,000 per year. What is the break-even quantity of bagels.
Country A produces two goods, elephants and saddles. In the year 2006, the 100 units of elephants produced sold for $2,500 per unit and the 30 units of saddles produced sold for $200 per unit. In 2007, the 120 units of elephants produced sold for ..
Draw the Keynesian Cross diagram of this economy. Carefully label intercept and slope of the aggregate demand curve. What is the multiplier for credit-nanced government spending? That is what is the effect of an increase in G while T remain unchang..
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