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Jerry and his wife decide this is a good time to buy a house.They have a down payment and need to borrow $250,000.They are offered financing which requires a 2% loan origination fee and monthly payments of $1,500 per month for 30 years.what is their interest rate?
Describe what happens to price of a bond that pays a fixed percent of the face value every year when interest rates in the economy rise.
Compare and contrast the strengths and weaknesses of today's Federal Reserve operating procedures and monetary decision making policy.
With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired
PC and QC are the equilibrium price and quantity if the firm behaves competitively, and PM and QM are the equilibrium price and quantity if the firm is a simple monopoly. how much is surplus is lost (deadweight loss) when there is a monopoly
Find out the profit maximizing level of price and output. Discuss an alternative regulatory regime, and discuss the merits of both.
In the 1990s Japan reduced its exports of automobiles to the United States by 28 percent. If you were the manager of a US car dealership, explain how would this affect your pricing strategy.
Consider two individuals considering how many iced coffee drinks to buy during the coming week.For each person determine how many drinks will be bought during the week.
Paul Volker was chairman of Federal Reserve system in the late 1970 and through most of the 1980.
President Chavez Venezuela said he is going to not sell oil to the United States. What will happen to the price and quantity of gasoline in the United States?
Illustrate what are the production elasticities of demand for labor, capital (trucks) and energy. What type of returns to scale is consistent with the above production function.
In 2001, the U.S. government mailed rebate checks in the amount of $300 or $600 to many households. Discuss what would happen if the U.S. government did the same thing today. Would households spend the extra income or use it to pay down debts
The market for paper in one region of the US is characterized by the following demand and supply curves: Qd=160000-2000P Qs=40000+2000P (Q is 100-pound lots) The marginal external cost of the effluent being dumped into the local streams ..
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