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Bob and Mary Johnson are expecting their first child. They have decided to deposit $1000 into a savings account that pays 6% interest compounded annually on the day the child is born. They will then deposit $1000 on each birthday through the child's 18th birthday. How much money will be in the account on the child's 19th birthday to finance a college education?
The Euro zone fell into deflation in October (see Chart): prices fell by 0,2 % . Italy has experienced deflation for a few months. Unemployment in Italy is over 13% with youth unemployment 43.9% Contractionary policies in Italy have led to a fall in ..
Research and discuss the foreign exchange market in terms of both the value of the currency over time and any regulations affecting the currency for China in 2016. Please provides References and any graphs or visualizations available.
Using the lag specification as determined by the Standard Error of the SPAC, develop the regression results and include an interpretation of the critical stats.
DeGroot’s “stock market scam,” in which multiple predictions are sent to different potential victims, works because of —————. The basic abandonment mechanism investigated by Strang and Macy is —————.
You are the manager of a 24-hour copy shop that is closed on Sundays. You lease a building for $2,000 per month and hire three employees who each work eight-hour shifts at a wage of $10.00 per hour (each works a total of 40 hours per week). Are there..
Over the past 20 years, economics has been divided and classified in a number of ways. Behavioral economics, even though discussed and researched over the past years, it hasn't been truly 'defined' or even separately categorized on it's own. If you h..
Emphasis on immediate issues such as product features, functions, price, and performance in the personal selling process rather than on building a long-term bond with the buyer is part of a
An oil producer has purchased a pumping unit for 30,000 and the loan is to be paid back in 24 equal monthly installments of 1,771.43 per month. calculate the normal interest rate charge for this financing arrangement. calculate the effective interest..
Write a brief note on Economies and Diseconomies of Scale.
Identify the fundamental lessons the Ten Principles of Economics teaches regarding:
Suppose the monopolistically competitive barber shop industry in a community is in long-run equilibrium, and that the typical price is $20 per haircut. Moreover, the population is rising. Illustrate the short-run effects of a change on the price and ..
Suppose that you were hired as a consultant to B College to examine the factors which affect a student’s academic performance at B College. Write an econometric model which allows you to estimate the factors that determine students’ academic performa..
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