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Q. Not having had a contract or a "hit" during the last 12 months, Itchy "Fingers" Valachi, the Mafia's chief executioner, needs a loan to pay off the bills his wife has run up at Penney's. He goes to his pal "Hammerhead" the loan shark who loans him $10,000 for a year. "Hammerhead" tells Itchy, "Since you're my best friend I'm only going to charge you 20% per year so which you will pay only $2,000 interest for the loan. Of course, I want you to pay the principal plus interest ($12,000) back in 12 equal end-of-month payments of $1,000. If you don't make the payments on time you will be dropped into a vat of acid." Happily, Itchy replies "Thanks Hammerhead, you're a pal." Illustrate kind of pal is Hammerhead? Give a quantitative evaluation -- Illustrate what is true effective interest rate per year?
What if there were 26 apartments to rent. What if there were 25 apartments to rent.
Illustrate what does your anticipated adjustment process imply about the CR for the industry.
Elucidate the equilibrium price and equilibrium quantity. Suppose the price is currently $2. What problem exists in the economy? What would you expect to happen to price.
q1. go to the above website scroll down to table h2 and select all races. compute the percentage change in the shares
Is there a surplus or deficit in the government budget at the equilibrium level of income.
answer both question 1 and 2question 1consider an investor who has the von neumann-morgenstern utility
Discuss, using supply and demand analysis, the effect on the equilibrium price and quantity of new hybrid automobiles when the following occurs.
A sporting goods store has estimated the demand curve for a popular brand of running shoes as a function of price. Compute demand elasticity using the midpoint formula.
how do public goods and private goods compare? open a supply and demand curve. in whcih direction do the shift if they both decease?
Discuss salary determination in a labor market in which workers are unorganized and many firms actively compete for the services of labor.
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is present investment according to classical economists.
Explicate why one of them brings positive effects to the economy also the other negative effects.
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