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Suppose you make $500monthly deposits into a tax-deferred retirement plan that pays interest at a rate of 10% per year compound quarterly. Suppose that money deposited during a quarter will not earn any interest. What is the balance at the end of 20 years? Please provide the formula with solution or any excel function?
Tom earns $15 per hour for up to 40 hours of work each week. He is paid $30 per hour for every hour in excess of 40. Tom faces a 20 percent tax rate and pays $4 per hour in child care expenses for each hour he works. What is Tom’s endowment point? In..
Use the green line (triangle symbols) to show the impact of this additional change in the exchange rate on the economy.
"In the last 5 years the largest source of government revenue has been from individuals and the largest single category of federal government spending has been on individuals." Do you agree? Why or why not? Be sure to provide, where possible, specifi..
How will the unemployment rate during the current period compare with the natural rate of unemployment.
In a system in which there is an administered exchange rate, what is the term used when the government sets the rate higher to buy fewer units of foreign currency?
Under the responsibility scheme proposed by the Hong Kong government, households will be charged for solid waste disposal. Is this charge justifiable from an economics point of view? Explain your answer with a diagram ( IT is Microeconomic question)
Draw ppf how each of the following events effects the location of a country's production possibilities curve a. the quality of education increases b. number of unemployed workers increased c. new technologies improves the efficiency of extracting cop..
What adverse effects on the domestic economy may follow from (a) a depreciation of the exchange rate and (b) an appreciation of the exchange rate.
Please explain impact on economy of Government spending on Health care on interest rates, investments, employment and income in economy. Please follow sequence in question. Explain how interrelationships.
Show your budget constraint and your optimum point. Do you now work more or less than 10 hours? Does the government collect more or less revenue than before?
Purchasing Power Parity (PPP) implies that
q1. suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent
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