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An economist has predicted that for the next 5 years, the U. S. will have an 8% annual inflation rate, followed by 5 years at a 6% inflation rate. This is equivalent to what average price change per year for the entire 10-year period?
Question: Write down 2-3 pages of essay that includes the answers for the following contents.
A bank account pays 12% nominal interest with quarterly compounding. A series of deposits started with a deposit of $5,000 on January 1, 2012. Deposits in the series will occur each six months. The last deposit in the series will occur on July 1, 201..
Describe the Stolper-samuelson theory of trade. How does it differ from the factor endowment model? What are its predicted effects on wage-inequality in (a) industrialized countries that are captial abundant and (b) developing countries that are labo..
Suppose that government decides to charge cola consumers a tax. What is incidence of tax that falls on producers.
Cartels with a small number of industries have a greater probability of reaching the monopoly outcome than do cartels with a larger number of industries.
Price elasticity of demand is just a number. Economists may not necessarily be interested in the size of this number, but whether its absolute value is greater than, less than or equal to one. Comment on this statement. Explain whether commodities th..
Which of the following might most closely represent a monopsonist? In a monopsonistic labor market, the marginal-factor-cost curve is
q1. a express total profits pi in terms of q.b elucidate total profits maximized at which level of output? what price
Break out the components of the $28 marginal revenue from the seventh unit sale at $38.31-that is, how much revenue is lost per unit sale relative to the price that would move six shirts per color per day?
Firms can have: Accounting losses and economic losses
What determines interest rates? What is the role of risk? Of term? Of inflation? Of transactions costs? Please be specific like what will cause it to go UP and what will cause it to go down and why.
What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy.
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