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1. Find the present value of an annuity-immediate payable quarterly for 10 years with payments of $1,000 at the end of each quarter using an effective annual interest rate of 4%.
2. The present value of a perpetuity-due that is payable every other year is 100,000 using an annual interest rate of 6%. What is amount of each payment?
Note: the first payment is at time 0.
What does equilibrium GDP means? How net exports affect aggregate expenditure in the economy? How prosperity abroad affects our exports? What happens when there is disequilibrium situation? When GDP is less than the equilibrium. When GDP is more than..
How did the enclosures law fuel the Industrial Revolution in Great Britain? Would you agree with Karl Marx in saying that the Industrial Revolution and its capitalistic foundations negatively affected the working classes?
Can we conclude that an individual participating in the program would be worse off if provided with a cash grant of $50 instead of the viagra?
Do you agree with this statement? Could you make an argument that these markets are not competitive?
Briefly discuss the main economic motivation for Amazon implementing the plan to open operate over 1,000 new small warehouse facilities throughout the country?
Are all fixed costs also sunk costs? Explain.
A business in a monopolistically competitive industry...
What is the role of discounting in long term policies/projects such as climate mitigation?
Massive Products, Inc., is a monopolist whose cost of production is given by 10Q+Q2 (so its marginal cost curve-equivalently, its inverse supply curve
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, one internet business such as grocery home deliveries have continually suff..
Would Ricardo agree or disagree with Adam Smiths concept of invisible hand? Please Explain.
Kleen-Flo tumbler industries fall under Bureaucratic culture, where accountabilities are approached and divided systematically
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