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Assignment: The Key Concepts in Economics
Three to four (3-4) page paper of the following:
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Select a United States of America government investment project and a private investment project in the United States of America. Write about why you understand are the primary differences in the cash flows between both projects.
Concert attendance depends on the weather. There are three possible types of weather on the day of the concert: terrible, with probability 20%, mediocre, with probability 60%, and great, with probability 20%. What is the expected attendance, E(X)? Fi..
Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion? Calculate the profitability index of each of the 2 projects. Which would be preferred according to the profitability ..
As we continue our discussion on producers and market structure, we want to think like producers. If you are or wish to be an entrepreneur, would you enter a perfectly competitive market? Why or why not? What are some of the challenges you would expe..
What is the money multiplier and how does it work? If the reserve ratio is 20%, what is the money multiplier? Does the Fed really "set" the federal funds rate? Is that a tool of monetary policy?
State how each of the following affects the ADI curve, and EXPLAIN.
Suppose that the demand for healthcare services is perfectly inelastic while the supply curve is upward sloping. Analyze the impact.
Suppose that a monopolist seller of spreadsheet and word processor programs faces four types of consumers, A-D. The willingness to pay for a spreadsheet is $0 for types A and B, and $100 for types C and D.
The impact of globalization is seen in all countries. This requires the participation of all countries in anti-pollution agreements. Environmental regulations are not useful if they are not accepted and implemented globally.
A person you trust asks you to loan them $2,000 at the end of year 1, $1,000 at the end of year 2, nothing in year 3, and then they will pay you $1,000 in year 4, $2,000 in year 5, and $3,000 in year 6. If you make 12% per year on your investments, d..
Suppose three consumers have the opportunity to assess satellite radio and sun roofs on new cars and place on following valuations on these options: Consumer Satellite Radio Sun Roof 1 $800 $1,500 2 1,000 800 3 200 1,000 How much will the car dealers..
From the scenario, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of the chosen structure. Recom..
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