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(a) An investor deposits $ 8,000 in a savings account that earns 8% simple interest in a year. How any years will it take to double the balance in the account? If, instead, the investor has the alternative to place the deposit in an account that earns 7% interest compounded annually, how many years will it take to double the deposited fund?
(b) What factors determine nominal interest rate and real interest rate? Examine, using appropriate graphical illustration, how each of the following effects either nominal or real interest rate:(i) An increase in money supply by the FED.(2) A weak demand for investment goods(3) An upsurge in the desire to save more in the economy(4) An increase in the use of cash following a wave of credit card fraud.
Today a proposed community college is estimated to cost $34.6 million, which is $127 per square foot of space multiplied by 272,310 square feet. If construction cost are expected to increase by 19% per year because of high demand for construction.
In a population Y=100 and Y=43. Use the central limit theorem to answer the following questions a. In a random sample of size n=100, find P(Y or = 98).
Irvine Aerospace of Santa Ana, California, was awarded a 5 year contract to develop an advanced space capsule airbag landing attenuation system for NASA's Langley research Center. The company's computer system uses fluid structure interaction mode..
what is the probability that it will be green?I did take one marble out of the bag; it was red. I set it aside. Now I am going to choose another marble at random. What is the probability that it will be green?
conduct an analysis of a recent article and provide their evaluation and outcome expectations in a written paper of 1500-2500 words that discusses: A minimum of three general economic principles related to the article
Suppose Alfred and Bart are originally paid $10 per hour at In N Out, and they originally choose to each work 8 hours per day. Explain how a wage decrease to $9 per hour could make Alfred choose to increase work hours per day, but could make Bart ..
The short-run total cost curve of a firm in a hypothetical market is given by: STC=10Q2 + 4Q + 100 with short-run marginal cost given by SMC=20Q+ 4. There are 100 firms in the market. Market demand is Qd = 500-Pmkt
The elasticity of ticket sales with respect to the size of the local population is estimated to be about 0.7. Briefly explain what this number means. If the local population increases from 60,000 to 61,500,
Each existing firm and every potential entrant faces an identical U-shaped average cost curve. The minimum level of average cost is $10 per ton and occurs when a firm produces 5 million tons of cobalt per year.
The demand curve for product x is given by Qx^d=460-4Px a.)Find the inverse demand curve. b.)How much consumer surplus do consumers receive when Px=$35 c.)How much consumer surplus do consumers receive when Px=$25
Identify whether the variables in your model suffer from non-stationarity. Discuss the possible implication of non-stationarity for your model and how this problem could be addressed.
In fact, he has operated this livestock operation for over 20 years. in the past, his farm was fairly isolated. however more recently the nearest city, woodpile, has been expanding. thus, there are now residential homes fairly close to Brain's far..
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