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A man wants to help provide a college education for his young daughter. He can afford to invest $600/yr for the next 4 years, beginning on the girl's 4th birthday. He wishes to give his daughter $4000 on her 18th, 19th, 20th, and 21st birthdays, for a total of $16,000. Assuming 5% interest, what uniform annual investment will he have to make on the girl's 8th through 17th birthdays?
In 2003 to 2004, the Canadian dollar appreciated against the US dollar. Explain the effects of this appreciation on each of the following. Canadian exporters of goods to the US. Canadian firms that buy machinery and equipment from US suppliers.
Write a program in python by using 'while loop' that adds up a series of numbers entered by the user. The user should enter each number at the command prompt. The user will indicate that he or she is finished entering the number by entering the n..
What are the costs and benefits of achieving price stability relative to output stability?
Pat eats eggs and toast for breakfast and insists on having three pieces of toast for every two eggs he eats. Derive his utility function. If the price of eggs increases but we compensate Pat to make him just as "happy" as he was before the price cha..
A firm sells its output in a perfectly competitive market at a fixed price of $10 per unit. it buys tow imputs L and K at prices of $15 per unit and $50 per unit respectively and has following production function: Q=100L0.3 K0.5. Use calculus to show..
What is the point, based on the Equimarginal Rule, which has equal marginal benefit (or the closest) for the two purchases?
If Brittians labor productivity in the production of umberllas, we would say that britton as a(n):
Explain the difference between international policy cooperation and international policy coordination. Which do you believe is most common today?
Please compare the competing BGS models in terms of their respective characteristics. Then rank them from best to worst fit for the current US economy. Provide logical reasons for your ranking.
Consider a market with demand function D(p) = 1000 ? 10p and aggregate supply function S(p) = ? 200 + 20p if p ? 10 [and S(p) = 0 otherwise]. Compute the competitive equilibrium price and quantity, as well as the equilibrium value of consumer surplus..
Differentiated Bertrand. Consider a Differentiated Bertrand model in which demand is given by q1 = 100 – p1 + p2 and q2 = 100 – p2 + p1 for firm 1 and firm 2 respectively and where both firms faced zero fixed costs and constant marginal cost = c. Sup..
Suppose you purchase eight call contracts on Macron Technology stock. The strike price is $65, and the premium is $2.3. If, at expiration, the stock is selling for $71 per share, what are your call options worth? What is your net profit? (Omit the "$..
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