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Q1. In 2003, a seat on the Chicago Board of Trade (CBOT) sold for only $338,000, compared to $2.0 million for on the New York Stock Exchange (NYSE). In January 2005, however, a CBOT seat was sold for $1.25 million, while a NYSE seat sold for $975,000. First, explain why anyone would pay a positive price for a CBOT or NYSE seat and what this price represents. Second, explain why the seat values have changed so much in recent months.
Q2. In an open economy, gross domestic product equals $1,850 billion, consumption expenditure equals $975 billion, government expenditure equals $225 billion, investment equals $500 billion, and net exports equals $150 billion. What is national savings?
illustrate what do you think will characterize the goods which the EU exports to the United States also the goods which the United States exports to the EU.
Find out the net demand curve facing firm A. Describe A's optimal price and output. Explain how much output do the other firms supply in total.
Perform an internet search to find more information. a) Structural-functional analysis: the importance of culture; b) Symbolic-interaction analysis: the personal meaning of race; and, c) Social-conflict analysis: the structure of inequality.
Calculate the breakeven value at the low price of the data item that you consider most likely to be unreliable.
The expected annual net savings in operating costs will be $25,000 during the first year and $40,000 during the second year. If your interest rate is 10%, what would be the equivalent net savings per machine-hour?
Find out data on wages, employment, and minimum wage laws in developing countries from the internet & summarize this information.
When consumer is provided a $50 gift certificate that is good only at store X, she moves to a new equilibrium at point D. Prices of goods X and Y. Explain how many units of product Y could be purchased at point A.
q.luella has to pay an interest rate of 50 to borrow. she only gets an interest rate of 5 if she lends. she is
Illustrate that this is an indirect or a direct rate. If the forward rate is an accurate predictor of replacement rates.
The inverse demand for your product is P = 200 - 0.1Q in for tourists and P = 500 - 0.2Q in for business travelers. If you price discriminate, what are your optimal prices to the two types of travelers?
Suppose that clean srings water c ompany has a monopoly on bottled water sales in california. suppose that the price of tap water increases. which is the change in the profit maximisation price and level of output for CSWC. explains in words and..
Consider a mutual fund with $720 million in assets at the start of the year and with 10 million shares outstanding.
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