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Question - Assume your salary is $55,000 in 2012 and $160,000 in 2042. If inflation has averaged 2% per year, what is the real or differential inflation rate of salary increases?
The company will repay the entire loan back after 3 year from now. How much will the company repay to the bank of that time
describe a real world example of an oligopoly. What characteristics of this market fit definition of oligopoly? What role does advertising play in this market?
One of the functions of price is to ration resources and goods and services. What do we mean when we say price serves as a rationing device? Elaborate your response in relation to scarcity and in terms of the demand and supply model
The mean February 1 daily high temperature in Juneau, Alaska, between 1945 and 2005 was 1.1 °C with a standard deviation of 1.9 °C. Based on this information, do you think it is reasonable to believe that the February 1 daily high temperature..
suppose that the reserve requirement is 10 and the balance sheet of the peoples national bank looks like the
Examine the advantages of a natural monopoly. Identify different examples of natural monopolies (list by name). Discuss the government's role in authorizing.
Consider a small open economy with desired national saving of S = 20 + 200r* and desired investment of I = 30 - 200r*.a. Calculate national saving(S), investment(I), and the current account balance(NX or CA) in equilibrium when the real world interes..
Does this statement hold in the de?cient-demand Keynesian model for a negative shock to (i) aggregate demand and (ii) aggregate labor productivity?
Analyze the demands and growing trends in new diseases (e.g., heart disease and cancer) affecting the present U.S. population. Summarize the impact of these demands on available health services.
Supply and demand are foundational concepts in understanding economic theory. Whether you are a coffee drinker or not, you have been tasked to examine the impact of supply and demand when dealing with the coffee retail industry. A few companies..
Assume that Bob is only purchasing two products G and W. The market price of G is $25 and of W is $20. By spending all of his budgeted amount on these two items, he is maximizing utility and receiving 100 utilities from the last unit of G and 80 util..
Even-handed enforcement of contracts fuels economic prosperity because it
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