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Fomguard LLC of South Korea developed a high- tech fiber-optic fencing mesh (FOM) that contains embedded sensors that can differentiate between human and animal contact. In an effort to curtail illegal entry into the United States, a FOM fence has been proposed for certain portions of the U.S. bor- der with Canada. The cost for erecting the fence in year 1 is expected to be $7 million, decreasing by $500,000 each year through year 5. At an interest rate of 10% per year, what is the equivalent uniform annual cost of the fence in years 1 to 5?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”? Another question lurks behind nearly all discussions of macroeconomic policy: Why should we ..
explain the difference between a positive and negative externality. in your analysis make sure to provide an example of
Suppose the Federal Reserve adopts a tight money policy to slow the economy down because of its concern about potentially rising inflation. Show this policy outcome graphically using the IS-LM model assuming people believe the new policy is temporary..
Economists in the ministry of agriculture in Kwale County
At what level of L does the average product reach its maximum and does the total product curve have a region of increasing marginal returns?
Assume that keynesian model applies to the economy in the short-run. After the stock market fell sharply in 2008, the aggregate denabd decreased greatly around the world. using the aggregate supply and aggregate supply (ad-as) analysis, explain th..
The problem from economics and it is explain The failure of "Super Committee" and the consequences have been discussed in the answer.
a betty has no savings but she can borrow at r .05. what is the maximum that betty would be willing to pay for an
Chamber of Commerce, and your colleague has written a position paper and asked you to proof read it. In that report, she concludes; "in 2009, the U.S. exports were $1.571 billion and imports were $1.946 billion, with a resulting trade deficit of $..
your company is considering a replacement of an old delivery van with a new one that is more efficient. the old van
You are planning to contribute $5,000 a year to a mutual fund that earns an average of 6 percent per year. If you continue to contribute for the next 10 years, how much would you have in your account?
Suppose that a firm has a marginal cost function given by MC(q) = q + 1. What is this firm's total cost function? Explain why total costs are known only up to a constant of integration, which represents fixed costs
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