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Lucy bought 3½% government stock at £87 per £100 nominal value. She invested £34,800 in the stock, and held it for a period during which she received interest of £5,600 in total for the period.
Calculate:
(i) the nominal value of the stock purchased
(ii) the number of years for which she held the stock
(iii) the percentage yield on the amount invested for the period
marketplace labor demand is typically more elastic in absolute value than market labor supply. A person who has a substitution effect that dominates his income effect will increase hours worked when an income tax is imposed.
Use diagram to describe how each of the following events affects the equilibrium price and quantity of pizza (draw a separate diagram for each event)
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Explain?
Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy. Analyze unemployment and inflation data.
In the 1970s people had become accustomed to high inflation. In 1979, Bank of Canada decided to fight inflation and decreased the money supply growth rates.
a. What is the marginal tax rate in Waxwania? percent The average tax rate? percent Which of the following describes the tax system: proportional, progressive, regressive?
Choose a macroeconomic issue of current interest for which you can find two editorial or op-ed columns from national or international newspapers or magazines that take differing positions on the issue.
The Federal Reserve is concerned about a rapid increase in prices. Their decision is to stabilize prices through a decrease in money supply. Graphically illustrate and explain what effect a decrease in the money supply will have on the economy using..
Illustrate what is the elasticity of demand for the product that is produced by the company.
Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate?
1. Compare and contrast the pay and employment practices common in Japan with the pay and employment practices common in Germany.
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers.
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