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You borrowed $150,000 with a 30-years payback term and a variable APR that starts at 9% and can be changed every five years
What is the initial monthly payment?
If, at the end of the five years, the lender’s interest rate changes to 9.75% APR, what will the new monthly payment be?
Explain how do these two relate to each other in the Circular Flow Economy and to the Government and Foreign Sector components.
Consider an equilibrium in which someone is using the good. Is social welfare maxi- mized at this number of users, or would it go up if there were more users, or would it go up if there were fewer users? .
How might the university administrator lure the college athlete to choose them over others? Would this type of price control be considered a price floor, a price ceiling, or neither?
rounding down again to two decimals draw a supply and demand diagram like we did numerous times in the lectures
Open a pizza restaurant and is considering either selling the bonds and using the 100,000 to start his restaurant or borrowing the 100,000 from a bank which would charge him an annual interest rate of 7 percent.
Suppose that consumers decide to consume less (and therefore to save more) for any given amount of disposable income. Specifically, assume that consumer confidence (c0) falls. What will happen to output.
chance that she will lose her cash or have it stolen. Under these conditions, how often does Tracy go to the ATM, and how much cash does she take out each time?
q1. compare and contrast inflation and deflation. what are some of the damaging effects that each has on an economy?
q.1. you must decide whether or not to introduce a new product. if you launch the fresh product your competitor will
Draw the demand and supply curves for the market for pediatric visits. Label the curves and the axes with titles, and calculate and label the equilibrium price and quantity.
What would be the subsidy required to get Mr. Smith to perform the efficient amount of gardening? Now assume that Mr. Green, another neighbor, doesn't like the garden. He bears a marginal damage, which is given by MD(h)=2
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of victims might you expect to arise under these two arrange..
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