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Consider a renewable energy system which costs $200 000 at year zero, and then results in annual future savings of $50 000 from year 1 through to year 5 (inclusive). Calculate the internal rate of return. Your answer should be in a percent to one decimal place (e.g. 15.1% not 0.151)
“In a situation of increasing opportunity costs, trade can be beneficial to both countries if they have identical tastes. However, trade cannot be beneficial to either country if the countries have identical PPFs” Is this statement correct of incorre..
(a) How did nominal wages change between 2010 and 2014? (b) How did real wages (using 2010's CPI as base) change between 2010 and 2014?
Construct and interpret a 95% confidence interval for the percentage of all patients satisfied with their care at that hospital.
Consider a perfectly competitive market described by the supply function P = 10 + 0.3Q and demand function P = 60 - 0.2Q. Suppose the market is initially in equilibrium. If the government intervenes in the market and imposes a price restriction of P ..
Suppose there are 81.0 million people not in the labor force; 154.0 million in the civilian labor force, and 140.9 million employed. Based on these numbers, what is the labor-force participation rate?
When the price level rises, the long-run aggregate supply curve ________.
Please evaluate the economic statement that is implied in the meme posted in this question. One of the assumptions is that soldiers
A corporation purchased a machine for $60,000 five years ago. It had an estimated life of 10 years and an estimated salvage value of $9,000. The current BV of this machine is $34,500. If the current MV of the machine is $40,500 and the effective inco..
How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system
What is the pricing structure in a perfect competitive market. What is the pricing structure in a monopoly. If the company produces nothing which of the costs is equal to zero?
explain how the short-run phillips curve the long-run phillips curve the short-run aggregate supply curve the long-run
Thoroughly and accurately graph a simultaneous increase in supply and a decrease in demand. Explain what is happening in your graph and why.
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