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A bank quotes an interest rate of 3.5% per annum with quarterly (four times a year) compounding. What is the equivalent rate with (a) continuous compounding and (b) semi annual compounding?
What factors might contribute to a low growth rates in a country?
Suppose the demand for seats at the NFL combine is given by Q=4000-10P. The marginal cost of an additional fan attending the combine is zero. Calculate the optimal number of tickets the NFL should sell to the event. Then indicate whether the NFL coul..
Macroeconomics: A. How do we measure long term economic growth of a country? What are the key determinants of long run economic growth? B. What is the relationship between economic growth and productivity? What is the major source of growth in labor ..
What is the purpose of workplace policies and procedures in an organisation?
Suppose the following: (i) two countries each with demand for a homogeneous good given by P(Q) = 40 − Q. (ii) in Country A there is one firm with a marginal cost of production of cA. (iii) in Country B there are two firms, each with a marginal cost o..
Given a territory and a time range, the gross domestic product is the sum of all the values added. The term value added is open to interpretation. Since the value added of a product or service is its total value minus the value of the intermediate pr..
If four containers are randomly selected what is the probability they are all underfilled.
Give example of a particular trade deficit from your own experience, commenting on how the trade deficit affected strategic decisions for a firm. Discuss how the economic recession we've experienced has affected the U.S. trade position with key count..
how much of the differences in output per worker between Spain and India can be explained by differences in total factor productivity and how much can be explained by differences in capital per worker.
Atlanta Falcons fans crave a better team, i.e. they want to win the Superbowl. Often they have grown weary of ownership that won’t give them one. If the team changes owners, when will fan expectations of improvement be? (hint: assume all owners max..
You’ve recently learned that the company where you work is being sold for $290,000. The company’s income statement indicates current profits of $9,000, which have yet to be paid out as dividends. Assuming the company will remain a “going concern” ind..
A monopolist is deciding how to allocate output between two geographically separated markets. Demand and marginal revenue for the two markets are: The monopolists total cost is C = 5 - 3(Q1 + Q2 ). What are price, output, profits, marginal revenues, ..
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