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Question - An economist has predicted that for the next 5 years, the U.S. will have an 8% annual inflation rate, followed by 5 years at a 6% inflation rate. This is equivalent to what average price change per year for the entire 10-year period?
If you deposit $500 in a savings account that offers 3 percent interest. How much money should you expect to have in the account at the end of three years?
I am also going to invest $100,000 of my savings which were earning an average annual rate of 6%. What is my opportunity cost of opening the restaurant
Suppose the government decided to levy the current 15.3% social security tax on all levels of wages and salaries, not just the first $80,000.
consider the cobb douglass utility function ux y x16y56 of a typical student. x denotes time spent studying and y
Also suppose that the actual professional staff hours charged to clients' accounts and the actual overhead costs turn out to be exactly as estimated in both years. By how much would the overhead be underapplied or overapplied in 2008 and in 2009? (Le..
if the government becomes more heavily involved in subsidizing some businesses and sectors of the economy while levying higher taxes on others, how will this influence the quantity of rent seeking how will this affect long term growth
Econometrics 718 - Optional Problem Set. Now pick some other data set and choose a treatment variable. Continue to estimate the treatment on the treated. Estimate using linear regression
If the nominal GDP is $2 trillion in 1990 and $6 trillion in 2000, and if the GDP deflator is 300 in 1990 and 600 in 2000, then what is the real 2000 GDP in 1990 dollars?
In country B, the population is 900 million and 100 million people are living below the poverty line. What is the poverty rate? The response must be typed.
You have just been put in charge of trade policy for Malawi. Coffee is a recent crop that is growing well and the Malawian export market is developing.
Six months after you take over the lead IT management role at Magnum
Start at the no-trade equilibrium point A on the Home PPF in Figure 4-2, panel (a). Suppose that through immigration, the amount of labor in Home grows.
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