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You just won the lottery and are trying to decide on the option of 15 annual payments of $100,000.00 per year or the lump sum payout. If you can earn 8% investing your money what is the least amount of money that would make no difference between the choices? They offered $750,000.00 as lump sum payout.
How do we draw a supply and demand curve for a limited (inelastic) supply of a free service, where the demand has doubled in ten years?
Suppose that a school district pays all high school teachers with the same years of experience the same salary, regardless of teaching field, and that this produces a surplus of History and English teachers, and a shortage of Science and Math teacher..
What would be the firm's total revenue when it produces 8 units of output?
What is equilibrium price, and how do I find it on a graph?
Recruitment involves the hiring of prospective employees. Job analysis is a process of obtaining all pertinent job facts, and produces job descriptions and job specifications. Both overlapping responsibility and responsibility gaps should be used whe..
When the money supply increases at the same time that velocity is decreasing, total spending will a. always rise. b. always decline. c. fall if the decrease in velocity is relatively less than the increase in the money supply. d. fall if the decrease..
In the paper by Paul Degrauwe, The Governance of a Fragile Eurozone, he argues that the fundamental problem causing the problem in the Euro-zone today is that countries cannot borrow in their own currencies. Explain what he means by this and what the..
A U.S.-based MNC imports 30 percent of its supplies from Europe. Exports to Europe, which are invoiced in Euros, account for approximately 50 percent of its revenues. Explain how the MNC can reduce its economic exposure to exchange and interest rates..
If the company selected 50 candles off the line, what is the standard deviation of the number of defective candles in the group?
Even though we recently became a net exporter for gasoline, it appears that for our overall trade with other countries, the U.S. is a net importer and I'm sure, you all know, especially with China, we are huge net importer. Is that good? Which is bet..
Provide examples of two industries with different time frames for the short run. Clarify why this is the case.
Suppose you deposit $10,000 in a savings account that earns 8% nominal annual rate for 5 years. The interest will be compounded semi-annually. What are the periodic and the effective annual rates? What is the amount of money in the account at the end..
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