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A project that incurs costs in early years and yields benefits in later years has been estimated to have costs just equal to benefits, in present value terms and ignoring risk factors. The project would be reevaluated as having greater benefits than costs if a. the discount factor were lowered. b. the discount rate were lowered. c. the discount rate were raised. d. either a or b was true
Evaluate the fundamental arguments between Keynesians and Monetarists concerning the level of government involvement in our economy to minimize the impact and stabilize the different stages of the business cycle.
Growth rates of per capita GDP: Compute the average annual growth rate of per capita GDP in the each of the cases below. The levels are provided for 1980 and 2010, measured in constant 2005 dollars.
The market demand for a product is given by: Q= 300 - 5P + Y. Where why is average consumer income? The current level of income is 200. What is the price elasticity of demand if the price of the good is $20.00?
Which of the following is the BEST example of a pure public good?
One component of the Patriot Act of 2006 was the "Combat Methamphetamine Epidemic Act", which prohibited the over the-counter sale of cold medicines that contain pseudoephedrine (which is commonly used to make meth). Ceteris paribus, what is a likely..
A market is served by a dominant firm and many smaller firms. These smaller firms act as price takers. Market demand is given by: Q = 1,000 - 17P The combined supply of the smaller firms is Q = 21 + 30P. The dominant firm's marginal cost is MC = 7 + ..
q. 1. describe michael porters five-force model and indicate why many observers regard his paradigm of industry
q1. a flat tax plan allows individuals to deduct a standard allowance of 10000 from their wages. assume that the flat
Budweiser (now owned by a Belgium based beer company called In Bev), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over$250 million a year on television advertising campaigns, promoting their beer brands. D..
Find the 90% confidence interval for the compensation of a year when the productivity is 85 and interpret the C.I.
To be useful, market segments must rate favorably on five key criteria. In the ________criterion, effective programs can be formulated for attracting and serving the segments.
When a leading developing country defaults on its loan to foreigners, discuss (with the aid of loanable funds market diagram) why interest rates will rise on bonds issued by many other developing countries.
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