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In a home purchase, what are discount points?
A. Interest paid up front to the lender in return for a reduced annual interest rate
B. A reduced annual interest rate because of a very high credit score
C. A reduction in the closing costs due to the fact the buyer put up a large amount of earnest money
D. A reduction in the annual interest rate of the mortgage loan because the buyer made a higher-than-required down payment
Suppose that: In Malaysia the unit labor requirement to produce a pound of rice and a pencil are 1 and 2 hours of labor respectively; In Indonesia, the unit labor requirement to produce a pound of rice and a pencil are 2 and 3 hours respectively; eac..
New Tech uses a PW index that divides the PW of all future revenues by the cost in year 0 (PWI1). What is the index value for the following project
What is the equivalent annual cost of owning and operating the truck?
Create summary statistics for hourly wage of women aged 35-39 years in Excel. (note:Data Analysis-Descriptive Statistics, choose summary statistics option.). Any comments on skewness statistic and kurtosis statistic?
Calculate the optimal outputs of each firm at the Nash Cournot equilibrium. Calculate the market price and individual and industry profits.
You suspect that the manufacturer is not controlling their process and that the average amount is not 12mg. A random sample of 25 tablets gave
Why is the average fixed cost curve always declining
What would happen to the price and quantity demanded and/or supplied if the government, in its attempts to help the poor, implemented a price ceiling on gasoline? What is a price ceiling and how successful would the policy be? Why?
Oregon Ducks, Inc. is considering buying licenses for 12 megahertz of wireless spectrum in the 700 MHz range, which is suitable for delivering television to mobile phones. The 700 MHz signals can travel long distances and more easily penetrate walls ..
Which of the following statements best illustrates the economic concept of derived demand?
In an economy, the labour supply curve is S = 5Wa, where wa is the after-tax wage rate. Assume that the before-tax wage rate is fixed at 10. Derive an expression for tax revenues as a function of the tax rate. What is the elasticity of labour supply ..
The distinction between safety and health is based on the distinction between _______. Employers can defend themselves from responsibility for a workplace accident by claiming that _______. The requirement of truthful labeling is an instance of the m..
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