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Define International Monetary Fund (IMF) and the World Bank.
When and why were they established?
What do they do?
Are there complaints against them? If so what?
q1. assume you are the chief economic advisor to the president of the united states and the president has asked you to
What will be the monthly payment if you borrow with a $100,000 15-year mortgage at an interest rate of 1% per month? How much of the first payment is interest? How much is principal amortization?
Evaluate the following statements using graphical analysis. Provide a brief narrative explanation of your graph to support your evaluation. Make sure the axes and curves in your graphs are properly labeled. “When demand for home heating oil increases..
Many people wish to live in the beautiful town of Beachfront by the sea, but they don’t like the rents. In its current market equilibrium, Beachfront has 20,000 rental apartments at an equilibrium price of $3,000 per month. If you were renting an apa..
How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system has to be replaced every 20 years and has a salvage value equal to 10% of it's initial cost? Assume mo..
Your firm’s research department has estimated the income elasticity of demand for Art Deco lawn furniture to be -0.85. You have just learned that due to an upturn in the economy, consumer incomes are expected to rise by 5 percent next year. How will ..
You've just won the state lottery and will receive 20 annual payments of $70,000, with the first payment arriving 1 year from today. It is easy for you to borrow or lend on the capital market at an interest rate of 8% per year. If someone offered to ..
Congress does not have enough votes to override a veto. Draw a tree for this game and ?nd the rollback equilibrium.
Supply of Loanable Funds, e.g., your disposable and expected future income. Discuss and predict how your decisions and transactions in the loanable funds market should change.
Always Round Tire is the only producer of tires for the new British import, the Maxi Copper. Demand for a set of four tires is P = 800 - 5Q (note: Marginal Revenue has twice the slope as the demand curve) while the cost incurred by the firm is MC = 1..
find the equation that describes the IS curve
Which of the following terms describes a contract based on information that cannot be observed by courts or arbitrators?
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