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To repay a $1000 loan, a man paid $90 at the end of each month for fifteen months. What was the (annual) nominal interest rate? Assume monthly compounding.
Could you also show work?
Explain briefly why capital is the fixed factor in the short run, and not labor.
AT&T: 38.3% Verizon: 31.3% Sprint: 15.9% T-Mobile: 12.2% Other: 2.3% What is the maximum value of the HHI (a) Before the AT&T/T-Mobile deal? (b) If AT&T buys T-Mobile?
Please explain the reasons that we have to check "heteroskedasticity robust standard errors" when we have heteroskedasticity issue?
You are considering buying a new car with a part of your student loan dollars as you really do not need the extra cash now. You have two alternatives with the following cost structures. Speedy Initial cost = $20,000 Annual operating cost = $8,000 U..
Bridget has a limited revenue and utilize only wine and cheese.
Describe the distinguishing features of various forms of regional economic integration, including their benefits and costs.
Explain how output per capita can grow faster than labor productivity. Is it possible for labor productivity to grow faster than output per capita.
To maximize total income should the price be increased or decreased
In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of Social Security, some members of Congress propose a "freeze" on the program.
Elucidate how the price level will be affected by these expenditures in the short-run. Explain how GDP is affected in the long-run.
The change in the quantity of product C demanded in any given week is inversely proportional to the change in sales of product D in the previous week. That is, if sales of D rose by X percent last week, sales of C can be expected to fall by X perc..
Illustrate what is the likelihood of a second industrial revolution in underdeveloped countries today.
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