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Your company invests funds in Greece. The company claims that the investment will grow to 10 times the original investment over the next 20 years. The company allows you to invest $200 per month for the next 20 years in this activity. If, in fact, the original investment in Greece performs as advertised, what is the effective annual rate of return (IRR) on your contribution of $200 per month for 20 years?
Let commodity 1st be bottled water, measured in gallons. Commodity 2nd denotes plain tap water, also measured in gallons.
Illustrate what are the three recommendations you would make to him to improve the overall effectiveness of the economy.
Opportunity to voice an ideology or concern to the masses. What ideology would you want to push forward for the betterment of society? What specific actions would you recommend?
Use a hypothetical example to illustrate whether you agree or disagree with the following statement, "Unemployment will go up more if the demand for labor is elastic, because the demand for labor will decrease more when you have elastic demand tha..
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
If a nation desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Explain the pros and cons associated with this case.
Two identicial countries Alpha and Beta can be described by the IS-LM model in the short run. The governments of both countries cut taxes by the same amount. The Central Bank of Alpha follows a policy of holding a constant money supply.
Write a 400- to 700-word memo to the economic adviser. Describe the change in tax revenues for the government in the new equilibrium, in both the short and longer terms.
Why does the assumption of independence of risks matter in the examples of insurance What would happen to premiums if the probabilities of houses burning were positively correlated Can you think of a situation where they might be negatively corr..
The Great Harvest Bread Company offers their customers quantity (or volume) discounts. Specifically, if a customer consumes 8 or fewer loaves of bread per month, then the price is $4 per loaf. But if a customer consumes more than 8 loaves of bread..
Elucidate why the $5.15 minimum wage in New Jersey likely has less of a detectable impact on employment.
Elucidate whether the following statements are positive or normative economic statements, and explain why you categorized them in that way.
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