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Mr. Smith has saved $1800 each year for 20 years. A year after the saving period ended, Mr. Smith withdrew $7500 each year for a period of 5 years. In the sixth and seventh years, he only withdrew $5000 per year. In the eighth year, he decided to withdraw the remaining money in his account. If the interest rate was 6% per year throughout the whole period, what was the amount he withdrew at the end of the eighth year?
Suppose that the government of Tonga decided to impose or place a price floor on all imported chicken products. Elucidate what is the advantage and disadvantage of this policy.
Please use this discussion board to describe the events that characterized the onset and deepening of the financial market.
What is the nominal GDP in 2011? What is the real GDP in 2011 (using 2010 prices)?
Now suppose as a result of a mandated increase in the minimum wage the wage increases to $80. What would be the implication of this change for this firm?
Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this. What are the principal differences between flexible and fixed exchange systems.
Based on the following data, compute the (a) unemployment rate rate (b) cyclical unemployment rate, and (c). structural unemployment
Explain General Medical makes disposable syringes for hospitals and doctor supply companies. The company uses cost plus pricing and currently charges 150% of average variable costs.
Dependency theory characterizes countries as being either in the center or on the periphery
q. brit oxygen whose global sales are generally dollar denominated needs to borrow 50000000 for working capital also
Graphically illustrate the total surplus associated with 2 randomly chosen quantities in the market (put this on two separate diagrams).
Explain in detail rather than general in your recommendation.
what is the average product of capital and labor? what is the cost minimization choice of capital and labor if the firm decides to produce 144 units of output?
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