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Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,000 per year for supplies, and have a bank account that pays 4% interest. Calculate the annual economic cost of your business.
Q. Describe classical model of macroeconomics? Though we use the term ‘the classical model' as if there were just one classical model, this isn't quite true. For all the models
what is the importance of the quantity theory of money
Why is private property, and theand the protection of property rights , so critical to the success of the market system ? How do property rights encourage cooperation?
1) Consumption is positively related to stock market wealth but negatively related to taxes and tax rates.
1. Kuhn - Tucker Conditions Max 2x + 3y s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 2. Max (8 + x)(8 + y) s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 Utility function 3. U(x, y)
In a group environment, should leaders be assigned at the beginning of a project or should leaders emerge as the group is working on the project? Outline the positives and negative
What is ‘Third degree Discrimation
How do countries grow Economic growth? Economic growth is attaining by increasing: • Quantity of resources by investment • Quality of resources by training as well as R
A radiology firm charges $2,000 per exam. Uninsured patients are expected to pay list price. How much do they pay?
how do I calculate the chained dollar method for real gdp
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