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Question - The cost of tuition at public and private universities has been steadily increasing for many years One New England university pledged to keep undergraduate tuition constant for 4 years for all students who finished in the top 5% of their class. One such student who liked research planned to enroll at the university and continue there until earning a Ph.D. degree (a total of 10 years)
If tuition for the first 4 years is $35,000 per year and increases by $1, 400 per year for the next 5 years, what is the present worth of the total tuition cost (all 10 years) at an annual interest rate of 2% per year?
Determine the future worth at the end of year 10 of a cash flow series that starts 2 years from now at $125,000 and decreases by 8% per year. Use an interest rate of 8% per year.
What is the role of the government in the economy? Is it a free market economy? Is there legislative body that makes fiscal policy?
a) What is GDP (Expenditure Approach)? b) What is GDP (Income Approach)?
For automobiles BWC sells chrome wheels for automobiles. At a price of $600 per set, they sold about 900 sets per month. Illustrate what is the arc price elasticity for this product.
Product characteristics - short run P&Q determinations and the resulting 3 possibilities for excess profit
Use some economic science, empirical data and economic history to better help Sebastian understand the veracity of this Facebook message.
"Hybrid cloud is a cloud computing environment which uses a mix of on-premises, private cloud and public cloud services with orchestration between the platforms. By allowing workloads to move between private and public clouds as computing needs an..
Members of Congress are welleducated compared to the general population and this is used as an example of their elite nature. Why would having leaders who are more educated be a problem in American politics?
What is nominal GDP for 2009 and 2013 b. What is real GDP for 2009 and 2013
What is the internal rate of return to this investment? Would this be a good investment for someone with a discount rate of 6%? What is the highest discount rate a person could have and still find this investment attractive?
Explaining Why is it necessary to consider inflation when examining the minimum wage?
Explain the difference between saving and investment as defined by a macro economist. Which of the following situations represent investment? Saving? Explain.
Write a letter to the editor of your local paper either supporting or criticizing the proposed $500,000 subsidy.
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