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You borrow $42,000 and repay the loan with 6 equal annual payments. The first payment occurs one year after receipt of the $42,000 and you pay 8% interest compounded semiannually and annual payments are made over 6 years?
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
The firm has access to a perfect credit market with interest rate r. What is the maximum price the firm is willing to pay for a fork lift?
q1. explain how does an increase in transport costs change the gains from trade in melitzs 2003 model? are the effects
The two opposing views on government interaction and responsibility with respect to economic fiscal and monetary policies have been a topic of debate among economist for decades.
Michelle spends all her money on food and clothing. When the price of clothing decreases, she buys more clothing. Does the substitution effect cause her to buy more or less clothing.
Suppose that the adult population is 152 million, the number of unemployed is 19 million and the labor force participation rate 63%. What is the unemployment rate?
When abdominoplasty costs were $6,000, Dr. Hurwitz treated 300 patients. When they dropped the price to $5,000, customers increased to 400. What is the elasticity of demand for abdominoplasty using arc elasticity or the midpoints formula (rounded-off..
One Tuesday the government announces two new policies. First, you must pay a head tax (lump sum tax) of $3 a day. Second, the government will subsidize the purchase of apples (but not of oranges) so that the price of an apple falls to 50 cents. Draw ..
Market is defined by: Demand: Q=16-2P Supply:Q=4+2P. Given these equations, find the equalibrium in the market. Equalibrium Price? Equalibrium Quantity? Then find the shortage that exists when actual price is equal to P=2.
In the United States, the distribution of income is more unequal than the distribution of wealth. Explain this idea and address how reducing inequality could be a macroeconomic goal. Finally, what insights would Marx provide on understanding why ineq..
The main drawback of the Herfindahl-Hirschman Index (HHI) is that:
The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. Show how a change in investment can have a big impact on GDP causing a national recession. Illustrate by showing what it loo..
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