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Should the overall white house proposal for 2016 budget be larger or smaller than proposed? By how much, and why?
Should be budget be allocated differently among the different spending areas?
The production possibilities curves above show all the possible combinations of helicopters and scooters that two towns, Millerville and Jamestown, can create using equal amounts of resources.
Firm A would hire 20,000 workers if the wage rate is $12 and would hire 10,000 workers if the wage rate is $15. Firm B would hire 30,000 workers if the wage is $20 and would hire 38,000 workers if the wage is $15. Which firm is more likely to be unio..
What will be the monthly payment on a 30-year, $250,000 mortgage loan, where the interest rate is 6% per year, compounded monthly? How much interest is paid over the life of the loan? What will be the monthly payment on a 30-year, $250,000 mortgage l..
When the average total cost curve is rising, then the marginal cost curve will be?:
Assume the current rent is also equal Illustrate one would commonly expect for the future.
Now assume that once he earns $400 he loses all his food stamp assistance. How does this change his budget constraint.
Lee Inc, is considering a robot that will cost $6,000 to purchace. At the end of it 9 year life, it salvage value will be $1,000. The robot will need to overhauled in year 5 at a cost of $3,000. O&M costs per year will be $1,000. The robot will gener..
Why should an economist object to including overhead costs in CMA analysis? A clinic finds that it can reduce costs by eliminating appointments. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wai..
Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.
Assuming that the budget stays the same except for the interest on the debt for 10 years, illustrate what will be the accumulated debt. What will the size of the budget be after 10 years.
Compute the net present value using the numbers provided. Assume that annual cash flows occur at the end of the year.
A couple wants to save for their daughter’s college expense. The daughter will enter college 10 years from now and she will need $45,000, $46,000, $47,000 and $48,000 in actual dollars for 4 school years. Assume that these college payments will be ma..
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