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What are the limits to U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
Governor Brown, from the state of Taxifornia, wants to increase sales taxes to bring in badly needed revenue to support state operations. He is looking at taxing various goods and services. Will the state tax revenue be greater if the state imposes a..
expected profit from machine decreases. Rental cost/user cost of capital will decrease when: real interest rate falls. This fully anticipated monetary expansion will cause which of following to occur.
A teacher invests $5,000 at the end of every year for a 30-year career.If this teacher wants to have $1,000,000 in savings at retirement, what interest rate must the investment earn? (Show Work)
A small consulting company is planning to make deposits such that each one is 3% larger than the preceding one. What is the annual equivalent of this cash flow if the company makes 12 deposits and the interest rate is 8%? The first deposit is $7,000 ..
Machine A was purchased last year for $20,000 and had an estimated MV of $2,000 at the end of its six-year life. Annual operating costs are $2,000. The machine will perform satisfactorily over the next five years. A salesman for another company is of..
What is the "free rider" problem and how is it related to the distinctive properties of public goods? Why will unregulated markets supply less than the optimum amount of a public good?
Compare and contrast Sole Proprietorships, Partnerships and Corporations by describing differences in the following areas. briefly describe each of the seven roles of government and provide one specific example not listed in the textbook of the Unite..
A monopolistic firm faces the following demand curve. Q = 8000 -10 P This monopoly's cost function has been estimated as follows: TC = 480,000 + 40 Q. What price should this monopoly charge to maximize its profit?. What would be its equilibrium profi..
Mena would like to build a dam in the Grand Canyon of Western US to provide electricity to the nearby urban area of Las Vegas. Suppose the dam costs $800 million to build and is expected to generate $150 million of annual electricity production forev..
Are there any studies that explore the higher net present value (NPV) of education in countries with higher Gini coefficients? Additionally, do any of these studies include the impacts of economic mobility as a reducing factor of the NPV or price of ..
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
Cournot duopolists face a market demand curve given by P = 120 - Q where Q is total market demand. Each firm can produce output at a constant marginal cost of 30 per unit. Find the equilibrium price and quantity for the total market. If the duopolist..
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