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After one year of employment, Hasan has joined his company's pension plan. He estimates he will retire in 35 years, and will be retired for a total of 25 years. During his retirement, he will need $50,000 at the beginning of each year. At a discount rate of 4%, compounded quarterly, what should be his savings goal?
Compute the discount factor the lottery commission used to get the $18 million lump-sum payment?
If the equation that represents the quantity demanded as a function of price is Qd=20-1.25p and the equation that represents inverse supply is p=1+Qs/5
Traditionally we look at the distribution of consumption as a fairness concern, not an efficiency concern. Why is that the case? Is there a perspective from which income distribution looks like a public good?
What methods would you suggest to assess the potential commercial success for the following new products? (a) a new, improved ketchup; (b) a three-dimensional television system that took the company 10 years to develop; and (c) a new children's toy o..
Suppose an appliance manufacturer is doing a regression analysis, using quarterly time-series data, of the factors affecting its sales of appliances. What techniques might be used to remove this autocorrelation from the model?
Suppose the European Central Bank decides to use monetary policy to offset the possible inflationary effects of European expansionary fiscal policy. How would the European Central Bank's monetary policy affect European interest rates?
With adaptive expectations, what is the inevitable consequence of an active, expansionary monetary policy in the short and long run?
For 196 nations, the United Nations Human Development Index ranks countries by GDP per capita and by "human development".
What percentage of bolts will have a diameter greater than 0.32 inches?
Two key sources of economic growth have been due to increases in resources and increases in productivity. What factors will contribute to falling U.S. GDP growth rates into the future, and how would that impact you?
Fred was suffering from a nasal tissue blockage that could be corrected either through an operation or with medical treatment for about two months. Fred's doctor clearly told him that the condition was not acute and he did not need surgery.
Critically assess these arguments and the evidence for such constraining effects on national policymaking.
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