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Explain the difference between capital market line (CML) and security market line (SML)
Gomez runs a small pottery firm. He hires one helper at $14,500 per year, pays annual rent of $7,500 for his shop, and spends $18,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) t..
A state in the southeastern region of the United States operates state liquor stores. Prices at the stores are set in the following fashion: add 41% to the wholesale price at which the system acquires the product. To that is added an excise of $8.10 ..
What percentage of drivers have a reaction time more than 1.88 seconds? What percentage of drivers have a reaction time less than 1.46 seconds?
Suppose that we have a standard real intertemporal model with investment with two twists. First, the effect of the real interest rate r on current consumption C is assumed to be zero. Graphically derive the aggregate output demand curve Yd under thes..
Now that you have finished finance, you know there are things that we know matter and things that we think matter and things that we know very little about. Adopting NPV>0 projects is in the set of things that we know matter. We recognize that in com..
Jennifer is a single mother oered a job at $15/hour. She has $100 of non-labor income per week (obtained via child support). Jennifer's mother watches the baby for free while she works. What is Jennifer's total weekly income if she works 20 hours/wee..
The term "internality" was introduced in the unit on smoking. What is meant by the term "internality" and how does it differ from an "externality"? Provide two
Account for widespread suspicion—especially on the political left, but it can and definitely used to show up on the political right as well—that praise of the market system by economists is greatly overblown?
Identify the strongest two arguments in favor of such a tax and the strongest two arguments against such a tax.
To be prepared with enough money, Reenen wants to find a 90% confidence interval for the population average start-up cost µ for cosmetics businesses.
There are many non-clinical careers within healthcare organizations, such as health administration, health information professional, medical coder
The impact of labor migration on patterns of international trade depends on the characteristics of the labor migrants. In which cases might migration expand trade? World income? In which cases might it reduce trade and world income?
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