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Directions: For the following questions, you will receive no credit for copying from the transcript of the radio program. Every answer must be in your own words.
1) Explain why Clarence Nathan was used as an example in this news program:
2) Explain how the stock market works in as much detail as you can.
3) Describe what a mortgage backed security is.
4) Describe what a VIVA loan is and what type of person would be able to obtain that type of loan.
5) Describe what a NINA loan is and what type of person would be able to obtain that type of loan.
6) What reasons (more than one) did investors in large investment banks have for investing in very risky loans? Use the following 3 words in your answer: interest rate, return, price
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 5 red apples and 2 green apples. In year 2, red apples cost $2, green apples cost $1, and Abby buys 1 red apple and 7 green apples. Compute a ..
Using the four components of the GDP, If GDP is $100 billion, consumption is $60 billion,investment is $30 billion, and net exports are -$5 billion,what is government spending in this economy
consider the production function flk l k.a. suppose k is fixed at 2. find algebraic expressions for the total product
Various financial data for 2007 and 2008 follow. Calculate the total productivity measure and the partial measures for labor,capital, and raw materials for this company for both years.
Suppose that the demand curve for tickets to see a football team is given by Q = 100,000 - 100P and marginal cost is zero. A. How many tickets would the team be able to sell (ignoring capacity constraints) if it behaved competitively and set p = MC
What is the breakeven level of hour of work under the program I have gotten help on the first part of the question and found that the break even level of earnings was $140 and he would work for 20 hours/week.The other part
A discounted note of face value amount X, due in one half year, is valued today at $4992. Find X using a) Compound interest at an effective annual rate of 8% and b) simple interest at an annual rate of 8%. Which results with a higher value of X
suppose you work for an original equipment manufacturer (OEM) who makes component pieces for a telecommunication company. The telecom company asks you for a price quote for 2,000,000 units that will require a $1,000,000 investment
Suppose you are hired by your state government to determine the profitability of a lottery offering a grand prize of $10 million paid out in equal annual installments over 20 years. Show how to calculate the cost to the state of paying out such pr..
In an examination of purchasing patterns of shoppers, a sample of 16 shoppers revealed that they spent, on average, $54 per hour of shopping. Based on previous years, the population standard deviation is thought to be $21 per hour of shopping.
Suppose the market demand curve for a product is given by: Qd = 500 - 15P + 20I and the market supply schedule is: Qd = -25 + 10P + 10K. The initial values are I = 10, K = 5.what is the price elasticity of demand.
Suppose there are two states that do not trade: Iowa and Nebraska. Each state produces the same two goods: corn and wheat. For Iowa the opportunity cost of producing 1 bushel of wheat is 3 bushels of corn. For Nebraska the opportunity cost of prod..
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