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Using the current specifications, a new road will cost $1.5M initially, need $120K in annual maintenance, and need to be resurfaced every 10 years for $1.1M. A proposed new specification is expected to be more resistant to wear. The initial cost will be $2.1M with $90K in annual maintenance and resurfacing every 15 years for $1.3M. Use capitalized cost. Develop a choice table for interest rates from 0% to 25%. If the highway department's interest rate is 6%, which specification is preferred?
Assume the current rent is also equal Illustrate one would commonly expect for the future.
Explain why do national income accountants compare the marker value of the total outputs in various years rather than actual physical volumes of production.
What if there were 26 apartments to rent. What if there were 25 apartments to rent.
Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.
Question 2.2. Before Keynes, most economists and politicians believed in a cyclically balanced budget.
Are you concerned that automation may increase unemployment or underemployment in the United States and around the world.
Illustrate what is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 4.0 to 4.1 percent of a $14 trillion economy.
Illustrate what do you think will be the impact of the federal reserve bank $600 billion purchase. Apply ALL of your knowledge on MONETARY POLICY to answer this question.
Give your opinion on whether or not the development of the International Space Station stimulated economic growth. Justify your response.
According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company.
the rival long-distance carriers have complained that the local phone company repair persons have put peanut butter on rival long distance carriers's phone lines to encourage rats to eat through the lines.
If the government imposes a ceiling of $6 on the price of the firm's product, Illustrate what output will the firm produce also Illustrate what will be total profits.
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