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How many years will it take the dollar's purchasing power to be one half what it is now. if the general inflation rate is expected to continue at rate of 6% for an indefinite period ?
Ryan's annual salary is $120,000 per year. He asked his employer to pay $20,000 of his salary to his elderly grandmother who is in a nursing home. The employer makes the $20,000 payment directly to the grandmother and pays the balance to Ryan.
You're the absolute czar and head of union of 1,000 plumbers in Austin, Texas. You've the absolute power to set the wage at which the plumbers will work. You wished to achieve full employment at highest possible wage; (b) you wished to maximize the..
You have just won a lottery! You will receive $50,000 a year beginning one year from now for twenty years. If your required rate of return is 10 percent,
Use an aggregate demand/aggregate supply diagram to show what effect was intended. what might happen if such a tax cut also shifted the aggregate demand curve.
Take into account how productive each is per dollar spent and make up your own example of the balance between the two and how management can best maintain the balance and employee morale at the same time.
How does technological advance enter into the definition of the very long run? Which of the following are examples of technological advance, and which are not: an improved production process; entry of a firm into a profitable purely competitive in..
Suppose you have been hired as an economic consultant to increase your client's sales revenue, and you discover that your client's customers are price inelastic. What suggestions do you have for your client in regard to using changes in your client's..
A newly established Internet Cafe is seeing to expand its operations. What would happen if the predict to open 208 stores each year is wrong?
As an economist, you have been asked to address a meeting of a group of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples.
a)Solve the optimal choice problem for agent i if p1 = p2 = 1; and I=15 b)How does this answer in part a change if income doubles?
A woman made 10 annual end-of-year purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for $28,000.
Illustrate what are possible causes of a movement up or down along the demand curve. What are possible causes of a movement up or down along the supply curve.
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