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If you invest $15,356 today at an interest rate of 7.16 percent, compounded daily, how much money will you have in your savings account in 16 years?
Some people claim that the "economic way of thinking" does not apply to issues such as health care. Elucidate how economics does apply to this issue by developing a "model" of an individual's choice.
n long-run equilibrium, every firm in a perfectly competitive industry earns an economic profit. Pure competition exists in a market when firms are price makers as opposed to price takers. A natural monopoly results when the profit-maximizing output ..
Assume that a 1- year discount bond (bond A) with a face value of $1,000 is currently trading at PV = $938.97, and another 2-year discount bond (bond B) with identical risk features and face value is currently trading at $834.01. Please calculate the..
What category pf civil litigation constituted the highest percentage of lawsuit in 1980? Which category grew the most? Which category basically fell to zero? Personal injury, tax, condemnation, accounts / contracts / notes, reciprocals / urea, divorc..
Which one of the following will not offset fiscal policy? Which of the following can correctly help to explain why US government budget deficits can be directly related to US trade deficits? Suppose that the govenment initially had a balanced budget ..
Walmart is an American multinational retailing corporation that mainly operates a chain of hypermarkets, discount department stores and also grocery stores.
A newspaper recently reported that U.S. businesses have significantly increased spending on capital goods. What effect might this trend have on U.S. labor markets?
If actual inflation exceeds anticipated inflation, who will lose purchasing power, and who will gain? How does unanticipated inflation harm the country? As part of your answer, include how you and your employer would both be affected.
What is the difference between Microeconomics and Macroeconomics? What is the definition of a market failure? Why do they occur? When and where did the modern business cycle begin? Define and describe different types of market faliure. What is the de..
Examine the following proposed tax reforms. Evaluate them according to the following three principles for optimal taxation: equity, efficiency, and complexity considerations.
Consumption in year three is $200, investment in year three is $100, government spending in year three is $150, exports in year three are $100, imports in year three are $150. Prices for everything in year one are $20, in year two prices for everythi..
Suppose an automobile manufacturer has a fixed proportions production function that requires it always uses 2 workers and 1 machine to produce 1 car belt. If the wage rate w = $10 and rental rate are r = $15. What is the cost-minimizing combination o..
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