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Joey lends Dave $150 for a toy car. Joey will accept weekly payments of interest only (at the end of each week), at nominal yearly interest rate 6%, as long as the original balance of the loan will be paid off in a year. How much will Dave have to pay each week if he can invest money with nominal yearly rate 4% compounding weekly? Including interest, how much did his toy car really cost him?
The bar discovers that the customers for this promotion are not its usual clientele. Instead, the customers tend be politicians who consume an amazing amount of liquor.
JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures?
Using the "Monopoly" model found in the Chapter 10 "Origin of Idea" module, explain why a monopoly will never operate in the inelastic portion of the demand curve? What are the underlying purposes of the antitrust policy in the United States? Thes..
Which product experiences a larger change in price and which product experiences a larger change in quantity
suppose the economy is initially operating at yn. now suppose the fed conducts a monetary contraction where ms
if the government becomes more heavily involved in subsidizing some businesses and sectors of the economy while levying higher taxes on others, how will this influence the quantity of rent seeking how will this affect long term growth
Few trends could so thoroughly undermine the very foundations of our society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible." Explain why you agree or disagre..
part 1 assume that the country is in a period of high unemployment interest rates are at almost zero inflation is about
question 1 discuss using examples and academic references the statement that perfect competition gives an optimal
explain the difference between a positive and negative externality. in your analysis make sure to provide an example of
Discuss how the actions of the Federal Reserve, specifically an increase or decrease in money supply, affect the other variables represented in the IS/LM model.
When obama was campaiging for president in 2008 he proposed more government spending paid for with higher taxes on the rich. What impact would those options have on the equilibrium?
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