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Friendly's Quick Loans, Inc., offers you "three for four or I knock on your door." This means you get $3 today and repay $4 when you get your paycheck in one week (or else). What's the effective annual return Friendly's earns on this lending business? If you were brave enough to ask, what APR would Friendly's say you were paying?
Suppose there is an early freeze in California that reduces the size of the lemon crop. Elucidate what happens to consumer surplus in the market for lemons.
q.assume the working income tax benefit tops up a single individuals income by 25 percent of the amount that employment
Distinguish between ongoing demand pull and ongoing cost push inflation. Carefully draw them. Why might it be difficult to establish the extent to which a given rate of inflation is either demand pull or cost push?
Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this. Illustrate what are the principal differences between flexible and fixed exchange systems.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil
How will the money supply be affected by this transaction ? what is the ultimate change in deposits, loans, and reserves in the banking system? Explain in detail.
How much is she actually paying the credit card company, including interest, when her credit card is paid off?
The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. Illustrate what do you think the previous manager should have done to keep his job.
What will the new Lerner Index be after some time with the new demand curve and market price of 30? What firms survive the new demand curve in the industry and why?
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
q1. visualize you are a manager for good or service used. from results of the deterioration equation recommend
Calculate the deadweight loss from the tax. Elucidate the tax be defensible in spite of the deadweight loss.
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