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The Piney Copper Company purchased an orebearing tract of land for $7,500,000. The geologist for Piney estimated the recoverable copper reserves to be 450,000 tons. During the first year, 50,000 tons was mined and 40,000 tons was sold for $4,000,000. Expenses (not including depletion allowances) were $2,500,000. What are the percentage depletion and the cost depletion allowances?
Define what a WAN is, how they are used, ways in which they are implemented, and provide some real world examples of WANS.
Monetary policy is ineffective under a fixed exchange rate but effective under a floating rate explain with graphs and symbols.
Assume the Federal Reserve decides to sell $25 billion worth of U.S. Treasury bonds in the open market. Describe the process through which this action will impact the level of reserves in the banking system.
If aliens come and take a large percentage of our cows what happens in the market for synthetic leather baseball gloves? (Assume a normal competitive market)(Show the graph, label all relevant points, and explain what happens to price and quantity. E..
Suppose that one Euro can be exchanged for 1.3 U.S. dollars and that one U.S. dollar can be exchanged for 80 Japanese yen. If these currencies can be traded freely with low transaction costs, what exchange rate would you expect between the Euro and J..
An explanation of “The Millennium Ecosystem Assessment.” The role of “Corporations” as a “part of the problem” or a “part of the solution” to “sustainable development.” The influence of “fair trade” in promoting/ economic development and/or a sustai..
What is the present value of a $800 perpetuity if the interest rate is 3%? Round your answer to the nearest cent.
Jane uses an online dating service. For each of the following activities say whether Jane is screening or signaling.
Demand-pull inflation occurs when:
A 5-year, 12% bond pays semi-annual coupon payments. If the face value is $1,000 but the bond sells for $1,100, what is the annualized yield on the bond?
What were the main causes of the real estate bubble and the ensuing financial crisis? Why did the crisis spread from subprime mortgages to the entire financial sector and, ultimately, the economy?
1. What are the perfect market assumptions? 2. Explain whether the following statements are true or false. In each case, provide justi?cation for your answer:
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