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The rate of radioactive decay of a mass of Radium -226 (call it dm/dt) is proportional to the amount m of Radium present at time t. Suppose we begin with 100 milligrams of Radium at time t = 0.
(a) Given that the half life of Radium-226 is roughly 1600 years (half life is the time it takes for the mass to decay by half), find a formula for the mass of Radium that remains after t years by solving a differential equation.
(b) Find the amount of Radium remaining after 1000 years. Simplify your answer using the fact that 2-10/16 ≈ 65.
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration equilibrium.
Particularly indicators of improving or reducing levels of performance, used by your organization, and how those indicators relate to the kind of "national indicators" we have been Analyzing.
(a) Describe 3 factors which could increase the supply of bicycles. (b) Describe, using examples, what is meant by fixed costs and variable costs. (c) Draw a diagram showing the relationship between fixed, variable, and total costs.
Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $160 billion for each 1 percent change in the Federal funds interest rate. Also, assume that the current Federal funds rate is at the 3 percent ..
Twenty years later, 2002, this account had increased to $265. However, the CPI increased to 186. What would be the value (purchasing power) of $265 in 2002?
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
Suppose that you are the top marketing manager for the Pepsi-Cola Co. You are engaged in an intense battle for market share in domestic beverage market with Coca-Cola Co.
Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.
When and why were the inflation and unemployment rates negatively correlated? When and why were the inflation and unemployment rates positively correlated?
1. Given this information, is the government of this economy running a balanced budget, a budget surplus, or a budget deficit? Explain your answer. 2. Given this information, describe this country's trade balance. Explain your answer.
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
1. Consider a competitive market with a PMB = 22 - q and a PMC = 10 +q. There is a negative production externality of e = q, where q is the level of output in the market, the government can achieve the efficient level of output by
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