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Consider the method of calculating the present value of a college education, shown in the spreadsheet in the spreadsheet linked to in the Course Content slides.
How would you change the calculation to make it more realistic, or more applicable to your own case? For example, how would you modify the present value calculation to take account of the fact that college-educated workers are much less likely to be laid off or otherwise unemployed? How would you account for the different returns from different degrees? Is the only reason for going to college to increase your future expected earnings?
A mortgage with an APR higher than normal is a subprime mortgage. Whether or not you itemize your tax deductions, you reap tax benefits due to the tax deductibility of the interest payments on your mortgage. Most home owners have complete autonomy to..
The United States purchased Alaska in 1867 for $7,200,000. Assume that federal tax revenue from the state of Alaska (net federal expenditures) is $56,500,000 in 2018 and that tax revenue started in 1868 and has steadily increased by 3% annually since..
As the Euro appreciates in value relative to the U.S. dollar, what happens to the price of U.S. goods in Europe. Elucidate what happens to the price of European goods in the U.S.
The demand curve for cookies is downward sloping. When the price of cookies is $2, the quantity demanded is 100. If the price rises to $3, what happens to consumer surplus?
What does the principle of horizontal equity state?
Distinguish between the following views of monetary policy
Illustrate what is price should Big Steel set to maximize its profits. Explain how much steel will Big Steel sell? How much will its competitors sell.
These investors seek unlimited access to investment consultants and are willing to pay up to $10,000 annually for no fee-based transactions.
At the nonaccelerating inflationary rate of unemployment (NAIRU):
The owners of a small manufacturing concern have hired a manager to run the company with the expectation that (s)he will buy the company after five years. The goal of the owners in making this hire is to find the appropriate manager that will increas..
Cost in terms of pain, discomforts, disabilities involved in supply of factors of production by their owner are termed as ______a) Real cost b) Explicit cost c) Social cost d) Implicit cost
It is planned to leave $2,500 on deposit in a savings account for 15 years at 6.5% interest. It became necessary to withdraw $750 at the end of the 5th year. How much will be on deposit at the end of the 15thyear?
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