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Ahmad is a recent university graduate. After one year at his new job, he has finally saved enough to buy his first car.
i. Ahmad knows very little about the differences between makes and models. How could he use market signals, reputation, or standardization to make comparisons?
ii. You are a loan officer in a bank. After selecting a car, Ahmad comes to you seeking a loan. Because he has only recently graduated, he does not have a long credit history. Nonetheless, the bank has a long history of financing cars for recent college graduates. Is this information useful in Ahmad 's case? If so, how?
You were told that a certain cash flow sequence started at $3000 in year 1 and increased by $2000 each year. How many years were required for the equivalent amount worth of sequence to be $12000 at an interest rate of 10% per year?
What are the shortcomings of GDP as a measure of economic welfare? Discuss 3 other social indicators that can be used with GDP to measure welfare.
Include in your discussion your assessment of this organizational architecture structure and suggestions on how it might be improved.
a. What are the marginal product of capital and the marginal product of labor? Show your work.
Discuss the pros and cons of the stance of the FDA with respect to the introduction of new pharmaceutical products onto the market. Is the FDA too conservative
Bee keepers in your state have been complaining that the cherry orchard owners are killing bees when they spray cherry trees for pests. you estimate that the private marginal benefit your residents enjoy from cherry consumption is PMB=306-4Q and the ..
Compares interest rates available for savings accounts at different banks. what is the range of rates currently being offered? what is the best deal? Comparisons between credit cards. briefly explain the factors that are considered in the comparisons..
What is the pricing structure in a perfect competitive market. What is the pricing structure in a monopoly. If the company produces nothing which of the costs is equal to zero?
A country is described by the Solow growth model. It has a population growth rate of 5 percent and a rate of technological progress of 3 percent. It is currently at the steady state. What is the country is growth rate for output and output per worker..
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude. What policies could you have suggested to avoid the impending economic crisis.
Compose a one page response to the question: On average, do unionized workers earn higher wages than comparable nonunion workers? Why?
1. If the govt. wants to decrease RGDP by $40 billion and MPC equals 0.8, how much must the govt. increase taxes?
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