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Question: You inherit $10K when you are 20. What is this worth when you are ready to retire at 65? Assume that the money can be invested at 7%, which is your interest rate for the time value of money. Compare this with an insurance policy that could be purchased with a lump-sum payment of $10K. That policy would pay you $100K at age 65 and your survivors $100K if you die sooner. How much value per year must you put on protecting your survivors for these to be equivalent?
you are the administrator for a medical practice. assume all of your practices patients are covered by insurance.
In the long-run, if government increases consumer tax rates, real gross domestic product (GDP), unemployment and the price level will change in which of the following ways?
Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
Conduct a VRIO analysis of a successful firm or organization relative to one of its rivals. Contrast the value, rarity, imitability, and organizational aspects of its tangible and intangible resources and capabilities to those of its rival.
For each $1,000 loan it extends, it receives a subsidy of $200. Which of the two projects is more socially efficient and why?
Explain whether each of the following is an example of a macroeconomic concern or a microeconomic concern.
Bank operations using T accounts
If 200 labor hours were required to produce the 1st unit in a production run and 60 labor hours were required to produce the 7th unit.
How is the US economy different from a command economy and Can the U.S. economy be called a true free market economy?
If Congress decides to simplify the US tax code so that every person in the US pays 15% of their income in federal personal income tax, what tax structure?
you can either take a bus or drive your car to work. a bus pass costs 5 per week whereas driving your car to work costs
The capital investment for a new highway paving machine is $950,000. The estimated annual expense, in year zero dollars, is $92,600.
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