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Kimberly works for a well known financial company as a sales representative. She earns a small base salary but receives commission off every product she sells. Kimberly has basic living expenses in addition to a student loan. She wants to start adding to her Roth IRA and buy a new television and sound system for her house. She never knows what her monthly income will be due to the commissions.
What advice can you give her to help her meet her goals?
Explain how have these people changed monetary strategy, fiscal policy also laws that govern businesses since the collapse of the economy.
Suppose that the town council needs to raise $300,000 in revenue and decides to do this by taxing the cigarette market. What should the excise tax be in order to raise the required amount of money?
Define in general the term "internalize the externality" and explain its application in this case. Discuss a policy other than a tax or subidy that could cause individuals to internalize the externality. Explain briefly.
The university has been struggling in recent years, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive
Assume a randon variable x, that is uniformly distributed between 25 and 50. a. What is the mean of x? b. What is the standard deviation of x? c. What is the probability that x is between 28 and 37?
Compute the four-firm concentration ratio (C4) before the merger. Show your work and round your answer to 4 decimal places.
Some real estate economists have argued that anchor stores in shopping malls create significant externalities for overall sales.
Discuss the three main factors that determine aggregate money demand. Illustrate, with examples, how changes in these factors alter aggregate money demand.
A South America nation with fixed exchange rate system has close economic ties with the USA symbolized by extensive trade.
Production Possibilities Tables for Germany and Canada (note that we are assuming that opportunity costs remain constant along the production possibilities frontier), and that each country produces only these two products).
Starting with estimated demand function for Chevrolets given Problem 2, suppose that the average value of the independent variables changes to n=225 million,
Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.
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