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Question: A student wants to have $30,000 at graduation 4 years from now to buy a new car. His grandfather gave him $10,000 as a high school graduation present. How much must the student save each year if he deposits the $10,000 today and can earn 12% on both the $10,000 and his earnings in a mutual fund his grandfather recommends?
Malthus argues that capitalism can produce general "gluts", i.e. an over productions of goods. Marx also argues that this crisis of capitalism can also occur. They identify the problem originating in different ways. Explain how each accounts for d..
What is the characteristic of a monopoly market that allows a natural monopoly to potentially charge consumers a price premium above long-run LRAC?Need an answer for which the work limit should be 150 words
quotas imposed on japanese imports into the united states tend toa penalize both u.s. consumers and japanese
Suppose that aggregate demand increases such that the amount of real output demanded rises by $7 billion at each price level. By what percentage will the price level increase? Will this inflation be demand-pull inflation or will it be cost-push infla..
Using the current specification, resurfacing a road will cost $1.5M initially, need $120k in annual maintenance and need to be resurfaced every 10 years. A proposed new specification is expected to be more resistant to wear.
The question from Economics and it is about calculating the total cost of producing 1000 units with fixed and variable costs present. The answer has the all calculations in detail.
What happens to a firm's expansion path if one of its inputs permanently falls in price while the price of the other remains constant?
Discussion: "Estimating Demand and Its Elasticities"- Explain the elasticity of demand for products within the selected industry relevant to Katrina's Candies.
You borrowed $20,000 to finance the education expenses for your senior year of college at the beginning of your senior year. The loan will be paid off over five years and the first instalment will be due a year later. The loan carriers and interest r..
Past Promotional Events: Analyze the effectiveness of past RBS consumer and trade promotions. How have the promotional strategies impacted sales volume? What kind of return on investment is the company getting for consumer promotions and trade pro..
Very carefully explain why conflicts can exist between prediction of cash flows and accountability. II. How does feedback value relate to predictive ability.
What is the relationship between price and quantity demanded for inelastic demand and for elastic demand
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