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Quantitative Analysis for Business and Economics
An amount of $47580 is invested in a term deposit which earns continuous compounded interest daily. Then, as each term expires, the balance is rolled over and reinvested at the best interest rate with daily continuous compounding that is available. After nine years the total balance of $83979 is withdrawn. What annual rate of interest has been earned over this period?
(Express your answer as a decimal, correct to 4 places rather than as a %.)
Janice really likes potatoes. At best any other goods are worth less than a dollar to her, potatoes cost $1.10 per pound, and she has $5.00 that she could possibly spend on potatoes or other items. Suppose she feels that the first pound of potatoes i..
What is a key benefit of maintaining a stable value of money?
In the case of the car wash, suppose that the owner wants to segment his market in terms of the willingness to pay of her customers. She thinks that segmenting the market between car owners who would pay more than $12 per car cash wash and those who ..
q1. will the unemployment impact be bigger or smaller when we have elastic supply as opposed to inelastic supply?
Total federal revenues as a percent of GDP (Gross Domestic Product), since at least World War II, have remained just under. At least one critic of the comparison of revenues as a percent of GDP has stated that the median and average percentage for ta..
If he continued to work exactly as many hours as he did before the wage increase, how much more money would he have each day to spend on consumption?
Assume that you work for the U.S. House Ways and Means Committee, and the Committee wants to create a new general definition of the term “currency."Please come up with a new definition , and explain why your new definition would be better.
Are there any types of goods or situations where the law of demand does not hold? Explain with examples.
Explain and demonstrate why it is the case that most oil exporting nations tend to peg their currency to US dollar. Give specific examples.
One of these firms is considering opening up a new product line, in a market in which it would be the only firm. So, adjusting the notation to now capture demand in the monopolistically competitive industry with Q1(p1) = 140 − p1, and the demand it w..
As a welfare maximiser, you will build the number of pylons which benefit society. Suppose you have built 1 pylon. How many additional pylons must you construct
What are the three Factors that Affect the Monetary Base other than printing money?
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