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Question: 1. How much do you need to invest now in order to earn £25,000 in 10 years' time if the interest rate is
(a) 10%
(b) 8%
(c) 6.5%?
2. How many complete years must £2,400 be invested at 5% in order to accumulate a minimum of £3,000?
3. For how long must £5,000 be kept in a deposit account paying 8% interest before it accumulates to £7,500?
What is the Optimal Consumption Rule? Explain why this rule must be satisfied for utility to be maximized. Explain either the theory of Rational Ignorance or the Median Voter Theorem.
Define cross-price elasticity, including substitutes and complements and provide a credible explanation of whether demand would tend to be more or less elastic for the share of consumer income devoted to a good.
In performing a SWOT analysis, which of the following would be considered as a threat and during the implementation of a project, which of the following should be the primary focus of a consulting firm?
Which of the following reflects does not reflect a strategic focus on procurement? What happens to the EOQ when the unit cost increases (assuming all other variables remain the same)?
consider a country called hitech where new arrangements for making payments such as credit cards and atms have been
write a dialogue between two theorists from your assigned Lesson 3 readings. The topic of the dialogue is "What does it mean to be free?"
you are given the following demand function for the ?rm q 20 - p. its total cost function is tc q2 8q 2.
The Financial Services Modernization Act a. reinforced the Glass Steagall Act b. prevented mergers of banks c. eliminated barriers between banks, brokerage houses, and insurance companies
A few years ago, Governor Deval Patrick of Massachusetts proposed that criminals would have to pay a "safety fee" to the government. The size of the fee would be based on the seriousness of the crime (that is, the fee would be larger for more ser..
Write a summary paper about Chapter 25 "Monopoly and Price Discrimination". Describe and explain a monopolist's output decision. Explain why a monopoly is socially inefficient. Identify the tradeoffs associated with a patent.
What are the advantages and disadvantages of preventing the federal budget from ever being in deficit. Explain why the high employment deficit or surplus might differ from the actual budget deficit or surplus.
Assume the following nonlinear demand function Qd = 100 - 2 √ P- At what price is the price elasticity unitary?
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