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Cameron Amundson and Carter Amundson reside in Eagle's Nest, Iowa which has an unemployment rate of 6 percent and a labor force of 100. Cameron is a senior at the University of Dubuque and Carter is unemployed. Cameron graduates and finds a job; Carter gives up looking for work and enrolls in Loris College. Compute the new unemployment rate of Eagle's Nest.
An investor is considering buying a 20-year corporate bond. The bond has a face value of $1,000 and pays 6% interest per year in two semi annual payments. To receive 8% interest, compounded semi annually, how much should be paid for the bond?
A Japanese car maker plans to expand its production in the United States. The company borrowed $189,969,147 for this expansion at an interest rate of 8% per year. The loan will be repaid in equal payments at the end of each year over a 15-year period..
Calculate the profit maximizing cost per unit if COST MART has an average wholesale cost of $350 as well as incurs marginal selling cost of $100 per unit
If market demand is perfectly inelastic, then a monopolist:
Using the broken window fallacy as described in “In The News” (p. 14 of Principles of Microeconomics), explain why some journalists, policy makers, and others proclaim that natural disasters are good for the economy in terms of eliminating old infras..
Suppose that there are only two firms (Firm A and Firm B) in the market for decorative lampshades. Let the inverse demand function and the total cost function be given by: P = 50 –Q and TC = 2Q. How many lampshades would be produced by the entire i..
The management of risk is crucial to the profitability of banks. What are the most important risk management principles that involve approving loans? What is Adverse Selection? What is Moral Hazard? Why do they make the underwriting process for lendi..
The Teenager Company makes and sells skateboards at an average price of $70 each. During the past year, they sold 4,000 of these skateboards. The company believes that the price elasticity for this product is about -2.5. Which of the following would ..
firm discriminates against females with a discrimination coefficient of 1.7. How many male workers will be hired?
The demand for a product is 700 units per week, and the items are withdrawn at a constant rate. The setup cost for placing an order to replenish inventory is $25. The unit cost of each item is $3, and the inventory holding cost is $0.05 per item per ..
q1. research comes out that supports that drinking more green tea helps to keep you healthy. ceteris paribus what would
At the time, there were 180 million automobiles and 250 million people in the United States. Each vehicle was driven about 15,000 miles each year. What is the cost of saving each life?
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