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The cash price of a machine tool is $3500. The dealer is willing to accept a $1200 down payment and 24 end-of-month monthly payments of $110 each. At what effective interest rate are these terms equivalent?
Consider a game where two players take turns deciding whether or not to take a pile of money. At the start of the game, there are two piles of money, one "large" pile with 5 dollars and one "small" pile with 1 dollar. Player 1 gets to choose whether ..
"Illustrate what is meant by the term 'utility,' and how does it relate to purposeful behavior." In one to three pages, fully explain your answer in a way that shows your understanding of "utility" and human behavior.
The economic meaning of Qx in the inverse supply function is 'quantity ordered.' What is the economic meaning of Px in the inverse supply function?
Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium.
The YTM at the beginning of the third year of the bond? (8 years left to? maturity) is 9?%. What is the new price of the? bond?
Create a 10-12 slide presentation about historical trade between united states and china, opinion on what the future will hold between these two countries for trade. apa style. presentation should explain how a company may break into the global enter..
The following equation represents the daily market demand for crude oil. If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Now suppose collusion is allo..
Developing nations hold the keys to their prosperity; global action cannot substitute for equitable and efficient domestic policies and institutions. Given this statement, do you believe that other countries can assist countries to develop, or can th..
q1. are recessions a necessary fact of macroeconomic life? if not illustrate what would it take to eliminate them? if
The economy is in the midst of a long recession, and there doesn't appear to be any sign of relief.
Assume that higher taxes discourage people from working. Further assume that the SRAS is upward sloping because of the Imperfect-Information theory. a) Imagine there is a tax cut. What would be the impact on the AD, SRAS and LRAS curves? b) What is t..
How large is economy of India? Indian GDP in 2010 was 78.9 trillion rupees,while U.S GDP was $14.5 trillion. The exchange rate in 2010 was 45.7 rupees per dollar. What is the ratio of Indian GDP to U.S. GDP if we do not take into account the differe..
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