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A bank is offering to sell 6-month certificates of deposit for $9500. At the end of 6 months, the bank will pay $10,000 to the certificate owner. Based on a 6-month interest period, compute the nominal annual interest rate and the effective annual interest rate.
Would you clarify the notion of how data mining is used within a statistical sense? Why do you think there is so much government corruption in some developing countries?
An economy is endowed with 100 units of labor and 100 units of electricity, and 150 units of storage space to store the two final produce
Suppose the U.S. government was able to determine which industries would grow the most rapidly over the next 20 years. Explain why this doesn’t necessarily mean there should be a policy to support the growth of these industries. Analyze the disadvant..
If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00. What will be the Economic Order Quantity?
What kinds of actions can/should the Federal Reserve take in the event that the economy falls into a recession? Why might these actions help bring the economy out of the recession?
Suppose Congress (in an attempt to stimulate the economy in both the short and long run) passes an investment-tax credit designed to increase domestic investment. How will this policy affect national saving? domestic investment? net capital outflow? ..
Define how your current workplace is organized. Describe your workplace in terms of the "clientele network".
A firm can hire unionized workers, who have received additional training and are therefore more productive than non-unionized workers, or non-union workers who command a lower wage. If the firm hires unionized workers, how many workers and how much c..
Which nation has the comparative advantage in producing Apparel? Which nation has the comparative advantage in producing chemicals? Explain how you arrived at these conclusions. What are the “payoffs” from open trade? What are some of the limitations..
If the reserve requirement is 20 percent, and banks keep no excess reserves, an increase in an initial inflow of $100 into the banking system will cause an increase in the money supply of: Suppose that consumer spending is expected to decrease in the..
Develop a minimum 1,050-word analysis of the international economy in which you do the following:
Which of the following would cause a movement along the supply curve Ithat it is a change in the quantity supplied) for peanut butter? Check all that apply. Which of the following would cause a shift of the supply curve for peanut butter? Check all t..
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