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What is the future worth of a series of equal? year-end deposits of $3,000 for 13 years in a savings account that earns 12?% annual interest if the following were? true?
?(a) All deposits are made at the end of each? year?
?(b) All deposits are made at the beginning of each? year?
In this assignment, you will discuss the importance of trade in the world and how this has changed over the past decades. The text outlines the five main reasons for international trade.
Which of the following payment terms should a professional athlete prefer in a “ten million dollar” five-year contract if the athlete wants to obtain the greatest present value of income?
Analyze and evaluate the impact of public policy on economic growth from an ethical and global position. Be sure to be specific as to which ethical posture you are taking. See this website for information on ethical postures.
You are considering entry into a market in which there is currently only one producer, the incumbent monopolist. If you enter, the incumbent can take one of two strategies, price low or price high. If they price high, then you expect a $60k profit pe..
Suppose without trade, country A produces and consumes 100 units of widgets at a price of $10 each. Illustrate what is the total gain or loss from trade for country A.
An incumbent monopoly with constant marginal cost k operates in a market with demand schedule p = a-Q, where p is the price, Q is the quantity demanded and a > k is a positive parameter. Determine the critical value of the fixed cost F-bar where the ..
What major arguments can you list to support the doctrine of free trade? Why is the WTO important in maintaining the doctrine of free trade? What values and principles has the GATT/WTO promoted to liberalize international trade?
What does the principle of horizontal equity state?
A pipeline contractor can purchase a needed truck for $36,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $2,200 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $1..
The treasurer of a firm noted tha many invoices were received with the following terms of payment: "2%- days, net 30 days." Thus, if the bill is paid within 10 days of its date, he could deduct 2%. Or the full amount would be due 30 days from the inv..
Suppose you are studying the recent rise in shale energy. You know the inverse demand function for shale energy is P = 100 - Qd. The supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The marginal social cost c..
Consider an small open economy. Suppose that money demand depends on disposable income, so that the equation for the money market becomes. Analyze the impact of a tax cut in a small open economy on the exchange rate and income under both: floating ra..
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