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A plot of land costing $200,000 was acquired on January 1, 2001. The price level was 120 on that date. One-quarter of the land was sold on December 31, 2001, for $60,000 when the general price level was 180. Compute the following holding gains:
a. Realized real holding gain.
b. Unrealized real holding gain.
c. Realized monetary holding gain.
d. Unrealized monetary holding gain.
Price comparison services on the Internet (as well as shopbots) are a popular way for retailers to advertise their products and a convenient way for consumers to simultaneously obtain price quotes from several firms selling an identical product.
Illustrate what can you determine about consumer demand for your product from this information
If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the labor force is
What were some of causes of stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from great depression of the 1930s?
Illustrate what are the arguments in favor of trade restrictions, and what are the counterarguments. According to most economists, do any of these arguments really justify trade restrictions.
Illustrate what policies would you implement to help the economy reach full employment.
calculate the expected value of each investment. draw a bar chart for each investment. calculate the standard deviation of each project. Determine which of the two investments the investor should choose.
Provide brief but theoretically sound explanation for each of the following.
Elucidate the percentage rate of Full Employment and Inflation that that these two organizations try to keep as its target.
You are a pricing manager at Argyle Inc. - a medium-sized firm that recently introduced a new product into the market. Argyle's only competitor is Baker Company, which is significantly smaller than Argyle.
Price discrimination tends to be more common in the sale of services (e.g., discrimination by income for universities and by age for air transportation services) than in the sale of manufactured goods. Why do you think this is so?
Compute the intercept of the budget line on the "movie ticket" axis. c. Compute the intercept of the budget line on the "DVD rental" axis. d. Find the slope of the budget line when movie tickets are on the vertical axis and DVD rentals are on the hor..
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