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Problem: Your small business has a cash reserve of $200,000, earning 2% annual interest. How much will your cash reserve be worth in 3 years? You want $1 million in your retirement account in 50 years. If your account grows at an annual rate of 4%, how much do you have to deposit today to reach $1 million in 50 years?
Suppose that there are 100 workers in the country (50 women and 50 men), they are each paid $10 an hour, and the tax rate is 25%. What tax revenue is collected? What is the deadweight loss associated with the 25% tax on labor incomes?
Define and discuss each type of managed care organization- health maintenance organization, preferred provider organization, and point of sale.
You are choosing between two goods, X and Y, and your marginal utility from each is as shown in the table below. If your income is $9 and the prices
Examine whether the introduction of the London Living Wage (LLW) has been good for London and for Londoners. Illustrate your answer using a case study focusing on one particular sector or industry.
Explain how a linear demand curve can be elastic, unit-elastic, and inelastic depending on the different price levels. You can either use numerical examples
what policy did the fed and other central banks around the world use to try to stabilize the economy during the
Calculate the exact amount of producer and consumer surplus in the out-of-network ATM market in Santa Monica after the ban. How large is producer surplus?
expected variable costs and expected costs from overbooking
Could life exist in a molecular cloud? How can astronomers peer into molecular clouds to see what is going on inside when visible light will not penetrate these regions of space? Explain.
Consider the classes that you take to obtain your BSB degree as a project portfolio and each individual class as a project.
Analyze short-run and long-run cost functions - Evaluate the profit-maximizing price and output level for given operating costs for monopolies and firms in competitive industries.
Using algebra (the tangency condition and the budget line), find the optimal choice of food and clothing.
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