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Michael, an Internet service provider, bought an existing business worth $400,000 on December 31, 2017. During 2018, his business grew and he bought $500,000 of new servers. The market value of his older servers fell by $100,000. What was Michael's gross investment, depreciation, and net investment during 2018? What is the value of Michael's capital at the end of 2018? Lori is a student who teaches golf on Saturdays. In a year, she earns $20,000 after paying her taxes. At the beginning of 2017, Lori owned $1,000 worth of books, DVDs, and golf clubs and she had $5,000 in a savings account at the bank. During 2017, the interest on her savings account was $300 and she spent a total of $15,300 on consumption goods and services. There was no change in the market values of her books, DVDs, and golf clubs. How much did Lori save in 2017? What was her wealth at the end of 2017?
Plot the production possibilities frontier in Question 1 on a graph. Measure food along the horizontal axis and tractors along the vertical axis and plot the new production possibilities frontier
Explain how does the chosen forecast effect operational and planning issues in the home building industry. Defend your opinion in your paper.
What is the income gap for the bank? What will happen to profits next year if interest rates fall by 3 percentage points?
Explain how the incentives effects of each of the following hypothetical taxes would cause people to change their behaviour; be sure to explain what people are likely to do less of and what they are likely to do more of in response to each tax.
many proponents of public transit argue that the service should be provided free to the public in metropolitan areas in
If asked to provide your professonal opinion on a company's ability to maintain operations and its solvency into the future, what questions might you ask, what ratios might you calculate, and what analysis might you conduct to support your opinion
The Fed should simply raise the money supply at same rate that full employment economy increase, and the government should desist from any stabilizing urges.
How much more output each year will have to be produced in the world
Draw the PPF. If new technology in computer production is invented and adopted, what will happen to the PPF. Find the opportunity cost of first 4 units of computer.
What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar? When we purchase German products, does our demand for euro go up or down?
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Describing How do consumers react to price changes on products with elastic, inelastic, and unit elastic demand?
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