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On January 1, 2011, Albert invested $2,000 at 5 percent interest per year for three years. The CPI on January 1, 2011, stood at 100. On January 1, 2012, the CPI (times 100) was 108; on January 1, 2013, it was 115; and on January 1, 2014, the day Albert's investment matured, the CPI was 125. Find the real rate of interest earned by Albert in each of the three years and his total real return over the three-year period. Assume that interest earnings are reinvested each year and themselves earn interest. Hint: Calculate inflation and real interest for each year and then calculate it for the three years as a whole. Year Real rate of interest 2012 % 2013 % 2014 % Total real rate of return: %.
as an international economist you have been asked to prepare a short speech which answers the following questionshow
two firms produce homogeneous outputs with cost functionsc1q12c22q22and the inverse market demand
Briefly describe three factors that could shift the aggregate supply curve of the economy to the right. Briefly explain the difference between the deficit of the Federal government and the National debt of the United States.
describe your understanding of externalities by providing an example of a positive externality and a negative
Students fascinated with your explanation and eager to learn more, ask about the shape of the demand and supply curve in each industry. Provide a demand and supply graph for each industry to explain. Label equilibrium price and quantity.
Describe the analogies used by Kao Tzu and Mencius to express their differing views on the nature of being human. Then, create an analogy of your own that you think accurately reflects what it means to be human.
Why is there a social cost to monopoly power? If the gains to producers from monopoly power could be redistributed to consumers, would the social cost of monopoly power be eliminated? Explain briefly.
How does the rate of population growth influence the level of GDP per person?
Draw a diagram showing how the market equilibrium will change if the marginal social costs of a polluting production activity are included rather than just the marginal private costs of that activity.
question. firm a is the sole supplier of a certain product. as marginal cost equals average cost mc ac 30 and it
Solve the partial derivative
separate the bond market into municipal bonds and corporate bonds if the president lowers the federal income tax rate
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