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You invested $25,000 into two accounts: one that has simple 3% interest, the other with 2% interest. If your total interest payment after one year was $600, how much was in each account after the year passed?
Illustrate what is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean of Xbar=935
What profit do you expect that the firm will make in the first year? (iii) Do you expect this profit level to continue in subsequent years?
Discuss the major components of a bank's contingency funding plan.
Harvery is faced with a lottery where he has a 25 percent chance of winning $10, a 25 percent chance of winning $30, and a 50 percent chance of losing $30. What is the expected value of the lottery? Will Harvey accept the lottery if he is risk neutra..
Illustrate what will be the new equilibrium price, if the government puts a 15 cent per tax on the candy.
What goods and/or services does this industry provide? Describe any notable trends that you would highlight about this industry.
Jacob consumes 2 goods, coffee and cigarettes, 3 cigarettes can be traded for 1 cup of coffee in a free market, or 1 cup of coffee can be traded for 3 cigarettes, Jacob initially has 12 cigarettes and 5 cups of coffee. Find an equation that gives eve..
Suppose that a consumer's preference between the good x and y are represented by the utility function u(x,y)= x+y. If these two goods have the same price, describe the optimal consumption choices of this consumer.
Why would elasticity of demand be important to you in determining the products on which the taxes should be levied".
Suppose an economy’s real GDP is $46,000 in year 1 and $49,200 in year 2. What is the growth rate of its real GDP? Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita?
How technology is improving the ways that people conduct their business in their everyday lives and how education and technology is allowing Generation X and baby boomers to continue to be independent and be less dependent on their older children and..
Why do cities exist? Why don’t we all just live on large lots of land in Texas/rural Ontario/etc? We could be self-sufficient and avoid all the hassles of city life. Why is Bay Street a thing? Wouldn’t each of the financial firms be better off being ..
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