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Mr. and Mrs. Ward typically vote oppositely in elections and sot their votes "Cancel each other out." They each gain two units of utility from a vote for their position (and use tow unites of utility from a vote against their position) However, the bother of actually voting costs each one one unity. Diagram a game in which they choose whether to vote or not to vote.
The payments are received at the end of the year, and the winner's interest rate is 12%. What is the present worth of the winnings?
During the working life, how do you graph that without knowing more information.
A consumer has a utility function, donuts (A) and peaches (B) given by u(A,B) = squareroot AB suppose donuts and peaches are priced .25 cents a unit, consumer income I is the unknown. Can you say anything about demand for donuts and peaches?
A manufacturer is considering purchasing equipment that will have the following financial effects:
Would a consumer centered policy be a positive policy course of action? Would it be equitable for stakeholders?
Suppose you are a manager at Bank of America and the Federal Reserve raises the required reserve ratio from 10 percent to 12 percent. What actions would you have to take? How would your actions and those of other bank managers end up affecting the mo..
Prior to 1968, Canadian coins were made out of a mixture of 80% silver and 20% copper. From 1968 until 2000, Canadian coins were made out of nickel.
Locate 1-2 articles from a news source that discusses the Federal Intelligence Surveillance Court (FISA Court) and write a 1-2 page paper that answers the following questions:
What are the two properties of public goods? List an example of both public and private goods, andindicate whether each of them possess these two qualities. Explain why or why not.
The Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these products require wiring and testing during the assembly process. There are 260 hours of wiring time and 140 hours of testing t..
Tracy won a $100 million jackpot. She can receive the jackpot as a $5 million payment each year for 20 years, or she can ask to receive the present value of all those payments all at once now. Assume an annual interest rate of 5 percent. If she decid..
Use the duration to calculate the effect on the bond's price of a 0.2% decrease in its yield.
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