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Now, let's think about a loan that is amortized over a shorter period of time: a car loan. You are trying to decide between buying a new or used car. The used car has relatively low mileage and is in good condition. Both vehicles come with good warranties. You can borrow either $15,000 (new) or $5,000 (used) over 3 years at 6.5% interest.
a. What are your monthly payments if you borrow only $15,000 over 3 years at 6.5% interest for a new car?
Show your budget constraint and your optimum point. Do you now work more or less than 10 hours? Does the government collect more or less revenue than before?
Explain the Causes of the Global Financial and Economic Crisis that Started in the U.S. in 2007.
(a) What is market concentration and how can you know whether a market is concentrated or not (b) What are the causes of market concentration (c) Are business mergers good or bad for the economy Explain why
What are the variables of a regression analysis, and how do they affect the results of the analysis? What challenge does this pose to getting reliable results?
Imagine Victoria Industrial Equipment Corporation (VIEC) located in Canada has an asset costs $675,000 at the beginning of the year.
q1. discuss one recent price change that you have noticed while visiting your local supermarket. determine whether or
Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police departments increase their applicant pool by dropping this requirement?
Identify a company that you successfully creates shared value, and explain how they do it. Cite any sources in APA format.
Mr. and Mrs. Cally are in the process of buying a home for $240,000 and are considering the following home mortgage financing options: What is the expected home's value in 5 years? What is the outstanding loan balance in 5 years for option 1: ? for o..
What are the Pros. And Cons. Of Minimum Wages Law. What is the opinion of criticizers on minimum wages law. Does Minimum Wages law favor the poor. How Minimum Wages laws exploit poor. Minimum Wages law decreases employment ratio in the country, is it..
Let’s examine another strategy that we will call “Alternate.” The strategy is played as follows: start by colluding, then defect, and keep alternating (C,D, etc.) to the end of the game. Calculate the overall payoffs for the Tit-for-Tat strategy, the..
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
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