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Emily Dorsey's current salary is $85,000 per year, and she is planning to retire 19 years from now. She anticipates that her annual salary will increase by $1,000 each year ($85,000 the first year, to $86,000 the second year, $87,000 the third year, and so forth), and she plans to deposit 10% of her yearly salary into a retirement fund that earns 7% interest compounded daily. What will be the amount of interest accumulated at the time of Emily's retirement? Assume 365 days per year.
q.problem 1 use 2 goods to construct a production possibilities curve. explain what a variety of different points on
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
A foundry uses 3,600 tons of pig iron per year at a constant rate. The cost per ton delivered to the foundry is $145. It costs $92 to place an order and $18 per ton per year for storage. Find the minimum-cost purchase quantity.
The real interest rate is 4 percent, and the nominal interest rate is 6 percent. What is the anticipated rate of inflation?
If inflation expectations rise, how do the short-run Phillips curve and unemployment change?
If Robinson Crusoe can, either shoot 5-wild geese or catch 15-fish, on average, for every hour of labour effort. i.e. opportunity cost of shooting one wild goose is three fish.
Elucidate what happens to the price of oranges and the marginal product of orange pickers as a result of the freeze. Can you say what happens to the demand for orange pickers.
The main reason why there is no support amongst economists to balance the budget every year (Balance budget amendment to the constitution) is that doing so will----
q1. show how each of the following would initially affect a banks assets and liabilities.a. someone makes a 10000
q. 1. suppose at columbia university grade point average gpa and sat scores are related by the conditional expectation
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, Illustrate what were the economic incentives for producers.
how should he change his bundle to reach his optimum? Explain your answer using the marginal utility condition at the optimal choice.
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