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Ellen is planning her retirement and has $1,000,000 in an annuity that earns 5% NAR compounded monthly. a How many years can she receive benefits if she takes out $6,000 at beginning of each month if she reserves $50,00 to give to each of her two children when she dies? b How much can she withdraw at the beginning of each month if she plans a future lifespan of 30 years if she reserves $50,00 for each of her two children when she dies?
suppose a firm has the production technology shown below for goods 1 and goods 2 and respond to the following with an
in an attempt to increase revenues and profits a firm is considering a 4 percent increase in price and an 11 percent
why does the loss in total economic surplus directly experienced by participants in the market for a good that is taxed
The box industry was perfectly competitive. The lowest point on long run average cost curve of each of identical box producers was dollar four, and this minimum point occurred at an output of 1,000 boxes every month.
Sometimes it is convenient to think about the consumer's problem in its "dual" form. This alternative approach asks how a person could achieve a given target level of utility at minimal cost. this approach will yield the same choices for this consu..
you have worked as a real estate agent for 10 years and are earning about 100000 per year with your current agency. you
suppose you have just been appointed to a high level position in the economic analysis unit of the state department.
What are the economic benefits of the flu shot and in what ways has the government become involved in the distribution of flu shots?
Define the term "opportunity cost." Now that you have a definition of opportunity cost weigh the positives and negatives of taking a leave of absence from work and moving out of town to attend college full time, or maintaining your job while atten..
Based upon your own internet research, identify and comment on two supply-side initiatives included in the current U.S. stimulus package. Ensure your response includes one strength and one weakness in each of these initiatives.
i draw the budget line and the relevant indifference curve for a consumer who is initially a borrower. indicate the
From an economist standpoint, why might there be more research, development, and innovation occuring in oligopolistic market structure than in any other?
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