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Congressman Localstuff always votes for a balanced budget amendment to the U.S. Constitution. He also always votes for spending bills supported by the leadership of his political party. Is this rational?
In order for you to be indifferent between the after tax returns on a corporate bond paying 8.5 percent and a tax-exempt municipal bond paying 6.12 percent,
If this year's profit (end of year 1) is expected to be $6,000 and the profit trend continues (i.e. the profit at the end of year 2 is $7,200 and so on) for four years, find the present worth of the profit at an interest rate of 9% per year.
Which characteristic of the production possibilities reflects the law of increasing cost: its shape or its length ?
Two identical firms face linear demand. Market demand is given by P=30-Q.Solve for Stakelberg equilibrium prices and outputs.
Assume the U.S. government determines that cigarette smoking creates social costs not reflected in the current price of cigarettes
affects of investment of ldc-pick one country that has done well with investmentall good point-pick one country that
many proponents of public transit argue that the service should be provided free to the public in metropolitan areas in
What is the take home pay of the three options after state income taxes are paid? Which of these offers will you accept if you are only interested in maximizing your after tax income? Pennysylvania: After tax income = 62000 * (1 - 3.07/100) = 6009..
Find out the price elasticity of demand regarding to the money price using "arc elasticity."
Assume you are a business person with an opportunity to make more money by meeting with competitors and fixing prices, conduct which is illegal. The authorities will not discover that the prices have been fixed. In fact, the price rise could be sm..
The winners of the Nobel Prize in economic science were recently announced-who were they? For what contribution to our understanding of economics were they recognized?
First, read Fuguitt and Wilcox, pages 181-183. Then, from the Stock and Watson text Web site find a data file CAschooldistricts that contains data on school districts for 420 districts in California. A detailed description is given in CAschool_D..
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