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At its first meeting on September 1 (the day it was incorporated), ABC Inc. approved a pre in corporation contract entered into two months earlier, on July 1. What is the date that the corporation is viewed as having been a party to the contract? Why? What is the name of the doctrine or principle that governs your answer?
An article in the Chicago Tribune stated that in 2007, college costs rose faster than inflation and student aid. A report by the College Board found that average in-state tuition and fees at four-year public universities rose 6.6% to $6,185. What wou..
Assume that initially G is $300 and equilibrium real GDP is $5000. If the multiplier is 5, what would be the new equilibrium level of GDP if Government expenditures increase to $500?
Melinda, who works in a jewelry store owned by Cindy, was picking up some gemstones for use in the store. On the way back to the jewelry store, she went through a drive-through fast food restaurant to get a soda. While in line, she negligently bumped..
To promote industrialization, import-substitution strategy has been adopted by developing economies to promote industrialization in the domestic economy. Provide 3 key advantages for adopting this strategy and 3 key disadvantages to the domestic econ..
(Assume a two good world) Explain why it is that we allow for individuals to have different preferences, but make the claim that when acting rationally, all individuals will choose a consumption bundle where they have the same marginal rate of substi..
Define the multiplier. Explain the economic reasons why the multiplier is greater than one (i.e. why the Eq. GDP increases more than the initial increase in spending (AE)).
A petroleum refining and recovery service company, Cowboy Enterprises, purchased $13,790 worth of equipment for reconditioning fuels in its storage tanks. The equipment has a functional life of 14 years and a salvage value of 5% of the purchased pric..
An engineer decides to set aside money in a 529 Plan for his newborn's college education. He estimates that the child's needs will be $48,000 on her 18th, 19th, 20th, and 21st birthdays. If he plans to make uniform deposits starting 3 years from now ..
Describe the difference between the short run and long run in the example to bringing about more tables for the customers. How is the restaurant able to differentiate between the short run and long run?
When organizations develop risk management plans, they need to consider the value of the assets being protected and the controls that are needed to mitigate the risks in a cost-effective manner.
q. foreign-born population which countries have the most? the united nations department of economic and social affairs
Illustrate what money supply should the Fed set in year 2009 if it wants to keep the price level stable.
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