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Jonathan borrowed $10000, at 6% annual compound interest. He agreed to repay the loan with five equal annual payments at end of years 1-5. How much of the annual payments is interest, and how much principal is there in each annual payment?. (Complete Solution with Steps and also include Cash Flow Diagram)
Consider the following panel data fixed effects regression model: Yit = B0 + B1Xit + Y2D2+ Y3D3i + +...Y4Dni + eit
Elucidate how each of the following people would talk about scarcity and trade-offs. The President of the United States and the leader of a developing nation.
q.paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area. the view was a large
How will the effect on price of an outward shift in demand for labor differ from the effect on price of an equivalent shift in the demand for land.
The macroeconomic principles we will explore were developed by an English Economist back in the 1930s as a method for bringing Europe and the U.S. out of the Great Depression. If the economy is operating at a point less than full employment (as it is..
Discuss the various ways federal, state, and local governments attempt to promote education as equality of opportunity. What are the some positives and negatives you see in the involvement of government in the education system?
St. Joseph's school has 1,200 students, each of whom currently pays $8,000 per year to attend. In addition to revenues from tuition, the school receives an appropriation from the church to sustain its activities. Sensing resistance to the idea of rai..
Guided Response: Review the discussion board posts of your classmates. Note their responses to the determinants of price elasticity of demand. Respond to at least two of your classmates. Discuss with your peers the characteristics of an inelastic ver..
Suppose that both firms decide to collude (form one firm) and maximize profits as one entity. What is going to be the overall production level they choose and the profit they make, respectively
What is the relationship between potential output and the natural rate of unemployment? a. If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cycli..
If there is a negative price shock, what will be the effect of countercyclical monetary policy on output and inflation. When will these effects occurred if there are time lags. What is the fed's goal in using countercyclical policy?
What will happen to the price of asset A and what about the nominal interest rate on asset A and explain how an open market purchase leads to an increase in the money supply when the central bank pays for it with reserves - even though reserves th..
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