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Supposed you earned $63,572 in 2015 when CPI was 237.02, to keep up with inflation what should your income be in 2018 when CPI has increased to 249.56?
An automatic veto that occurs when Congress goes out of session within ten days of submitting a bill to the president and the president has not signed it, is known as
Illustrate what way does investment multiplier defend the policy of public workson the part of the state during business depression.
An increase in the number of fast-food restaurants
Suppose the Congress decides to reduce transfer payments but to increase government purchases of goods and services by an equal amount. That is it undertakes a change in fiscal policy such that ΔG = - ΔTR. Find the change in equilibrium income. What ..
The demand for a product is p = 70-0.7x where x is the quantity for the item sold at $p dollars per piece. Determine the revenue function and the domain of the function. Include a full explanation of how you found the revenue function. What price sho..
Each point along the market demand curve shows
a) Find the probability that the next year's economy is weak and xyz declares a dividend.
Other things held constant, producer surplus increases as:
This week there was news that some prices are rising. I heard that in some countries where corruption is high the prices are also higher. I wonder if there is causality or just both at same. It would be interesting to find some material to support if..
A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a one-year European put option w..
In an investment set up as a perpetual trust, the annual disbursement for the first 10 years is $10,000. If the trust is set up initially with $100,000, determine the disbursement that can be made from year 11 through infinity if the interest earned ..
You deposit $3,000 in a savings account that earns 8% simple interest per year. How many years will it take to double your balance? If, instead, you deposit the $3,000 in another savings account that earns 7% interest compounded yearly, how many year..
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