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A homebuilder's advertising had the caption, "Inflation to Continue for Many Years." The ad explained that if one buys a home now for $297,000, and inflation continues at 7%, the home will be worth $819,400 in 15 years. Thus, by buying a new home now, one can realize a profit of $522,400 in 15 years. Do you find this logic persuasive? Explain.
Cadie's Candy Shop (CCS) makes a special kind of candy that has become very popular with its customers. The marginal cost of producing this candy is constant. It is equal to $3.5 per box. At a markup of 80%, what price should CCS charge for its candy..
What is the difference between contractionary and expansionary monetary policy? What is the intention of each policy under a depression, recession, or robust economy? Which type of monetary policy is more appropriate today and why?
If a drop in the price of smartphones from $160 to $120 increases the quantity sold from 6,000,000 to 9,000,000 demand is price inelastic. In the presence of a positive externality, a competitive market produces too little of the good. Because life i..
After doing a Chi-Square test ,you decided that failures are normally distributed ,with mean failure of 50,000 miles and a standard deviation of 10,000 miles. Concluder eliability of tires.
A newspaper headline reads "Fed Raises Discount Rate for Third Time This Year." This headline indicates that the Federal Reserve is most likely trying to :
What are the most important characteristics that might have considered cause and effect relations in explaining slow pace of economic development of low-income countries? Give relevant data in supporting your logics for specific country study.
What is the basis of international law in general and international dispute settlement and the rule of law that apply to intellectual property? What can be done to protect intellectual property from piracy in the global marketplace? Are the current e..
What is the nature and strength (weak, medium, strong) of each of the five competitive forces (substitute products, buyers, new entrants, suppliers, and the rivalry among sellers in the industry.
What is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
Summarize and analyze an example situation from the local newspaper, your hometown newspaper, or a news magazine.
The state if Arizona decided to boost its own minimum wage rate by $1.60/hr.This pushed the wage rate earned by Arizona teenagers above the equilibrium wage rate in the teen labor market. What is the predicted effect of this action by Arizona’s gover..
Discuss the following quotation. "The ongoing effort to partially convert Social Security from a payroll tax financing to income tax financing by further cutting the payroll tax.... and replacing the funds with general revenues may in short order put..
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