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Aliyah purchased Verizon Communications stock in April 2015 for $48.90 per share. She sold the stock one-year later for $54.01 per share. Calculate her capital gains yield.
If Argus Corporation produces 8,000 vacuum cleaners per month, what is the estimated average variable cost? Marginal cost? Total variable cost? Total cost?
Classical model (against government intervention) and the Keynesian (in favor of government intervention) views regarding government intervention in the economy. what events and when are the most beneficial time to have the governement intervene. Why..
What are the effects of placing a universal binding minimum wage on a labor market that is otherwise perfectly competitive? What are the effects if the minimum wage is not universal (that is if there is a sector of the labor market not covered by the..
In the long-run model, the difference (T-G) measures the government budget deficit or surplus. Explain the difference between the budget deficit and the trade deficit. What type of policy would reduce a budget deficit?
Alice has convex preferences over consumption bundles containing goods x and y. Where (x, y) is the consumption bundle, Alice’s preferences are as follows: (5, 2) ∼ (4, 2) ? (3, 2) ∼ (3, 5) ∼ (3, 6). Write a utility function that can represent Alice’..
Suppose the United States increased retirement age from 65 to 67, meanwhile the Canada Pension Plan is based on a retirement age of 65.
Lastly, describe and illustrate graphically the firm's profit maximizing behavior in particular MR=MC under the above-mentioned market structures or conditions.
Tell me if you agree or disagree with the statement below and why? Supply-side economics is a theory in macroeconomics that lowering barriers in goods and services, along with investment in capitol will effectively create economic growth.
You just received a car loan for $20,000. The terms of the loan are for 5 years at 6% annual interest, compounded monthly. What is your monthly payment? For the first month, how much of this payment goes to principal? For the first month, how much of..
Illustrate what is the average time in the system. Illustrate what is the probability there are more than three cars in the system.
What distinguishes money from other assets in the economy. What is commodity money and fiat money, and which kind we use.
Volusia County has two alternatives for traffic light in an excluded area. Alternative A is to install an electrical powered traffic light, while alternative B is to install solar powered traffic light. The initial cost, the annual operation costs ar..
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