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Present Value of a Perpetuity
A perpetuity pays $170 per year and interest rates are 6.7 percent. How much would its value change if interest rates increased to 9.2 percent?
In the united states, the mean age of men when they marry for the first time follows the normal distribution with a mean of 24.6 years.
The value of marginal product of labor curve. As the price of land rises, the quantity supplied. The value to a firm of hiring another worker is the worker's value of marginal product. The value of marginal product equals the price of the good produc..
Wal-Mart had sales of approximately $425 billion in 2012. If Wal-Mart continues to grow at the rate it has exhibited over the past fifteen years, its sales will approximate $3.0+ trillion in 2020. How likely is to occur? Why? Explain in detail the ..
Use a supply and demand diagram to illustrate effects on equilibrium market price and quantity of firewood used for household heating. Clearly explain any changes depicted in your diagram.
The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. How can we predict the next financial crisis?
Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.
Elucidate why the first mover will not install a capacity less than 6 or greater than 12.
You mention to a colleague at work that you are taking economics this quarter. After he/she tells you they are really sorry for you misery, they start saying that the economy has never recovered from the Great Recession.
The Phillips curve supposes that there is a trade off between inflation and unemployment. Is this correct? Why or why not?
Are firms with a high percentage of union employees more likely to go bankrupt because of the higher wages that they pay? Why or why not? If immigration is reduced, what is the impact on the wage for low-skilled labor?
Should the government fund education or should it be funded privately? Why? Will the opportunity costs of each type of funding be the same or will they differ? Explain. Use PPF theory and economic reasoning to support your arguments.
How does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete? Why do some economists oppose trade restrictions? Explain your answer.
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