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What is difference between Present Value and the future value of an asset?
What is meant by the opportunity cost of an item or activity? Give an example.
What is the maximum amount you would pay for an asset that generates an income of $ 5,000 at the end of each of the two years when the opportunity cost of using funds is 10 percent?
When the central bank sells $1,000,000 worth of government bonds to the public, the money supply:
Explain a pricing strategy which would increase profits compared to a single price profit maximizing strategy. Be sure to include a graph which explains your demand, marginal revenue, and marginal cost.
When using a supply-and-demand model to illustrate how land rents are set, economists typically draw the supply curve as a vertical line because:
Syncretism is defined in the textbook as a combination of normally differing beliefs. This can mean the combination of religious beliefs or the combination of religious and cultural beliefs. Give two examples of religions, denominations, or sects tha..
Suppose the U.S. government was able to determine which industries would grow the most rapidly over the next 20 years. Explain why this doesn’t necessarily mean there should be a policy to support the growth of these industries. Analyze the disadvant..
Find the relationship between marginal costs and benefits at this level. In general what assumptions are implicit in such an analysis?
Many countries have value-added taxes that are paid by producers but are intended to fall on consumers. (They're basically just an indirect way of imposing sales taxes.)
How an economist answers the question, does economic power exist, is one main difference between the heterodox and conventional approaches. Explain both positions by explaining their supposed general theories. (Note, this is asking you to explain, ac..
Analyzing and understanding data is an important part of decision making. Econometrics is defined as the statistical methods used to analyze data and make informed decisions. For this assignment, you are required to research data related to an econom..
A stock is expected to pay a dividend of $1 per share in two months and in five months. The stock price is $50, and the risk-free rate of interest is 8% per annum with continuous compounding for all maturities. An investor has just taken a short posi..
How does lean maintenance differ from the traditional approach under which a maintenance department has the responsibility for all maintenance functions? Which level on the maintenance performance hierarchy would you expect to find a lean maintenance..
You gather data on US workers aged 22 to 55 from the Current Population Survey. You define the Average Hourly Wage as self-reported total annual labor income divided by self-reported total annual work hours. Describe in words how to interpret the coe..
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