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Chase Bank adverses an APR (annual nominal interest) of 14% per year compounded monthly for student loans. What is the difference between APR and APY? Determine the APY (annual effecve interest).
Imagine that you are the economic advisor to a political candidate who is trying to decide about tax policy. She asks you to prepare one paragraph position
Analysts estimate that the expansion of the capacity of the criminal courts in a city would require about 7,200 additional hours of juror time.
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There are 19 firms in a cournet model. All firms in the cournot industry have the same cost function C(q) = 25+10q. Market demand is Q=110-p.
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
In the system of “approval voting”, a citizen may vote for as many candidates as she wishes. If there are two candidates, say A and B, for example, a citizen may vote for neither candidate, for A, for B, or for both A and B. As before, the candidate ..
The market for autographs including letters o other documents signed by famous people is subject to frequent large price changes as are markets for most collectables.
Kenny was recently hired as a telemarketer for a large company. The six telemarketers contact automobile repair shops to sell them replacement car parts.
In your Bible, read Matthew 13:3-23.Discuss your understanding of economics in relation to this parable.
If a competitive firm fails to maximize profits, which of the following statements are true and which are false?
Average visits per week equal 640 when the copayment is $40 and 360 when the copayment is $60. Calculate the percentage change in visits, percentage change in price, and price elasticity of demand using 640 and $40 as the denominators for percentage ..
What are the three Factors that Affect the Monetary Base other than printing money?
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