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A bank announces that it has changed its interest computation method to continuous compounding. Now $2000 left in the bank for 9 years will double to $4000.What is the nominal interest rate, compounded continuously, is the bank paying?What effective interest is it paying?
Explain why do you think 75 percent of the participants voted against the proposal.
The size of the worker force in a community these folks are gainfully employed What is the unemployment rate.
explain why do companies grant discounts to senior citizens and students
Which of the following situation descriptive a perfectly competitive market. Graph marginal costs from table below and answer the following questions:
You are considering buying a new car with a part of your student loan dollars as you really do not need the extra cash now. You have two alternatives with the following cost structures. Speedy Initial cost = $20,000 Annual operating cost = $8,000 U..
Economic growth is driven by household savings being made available for capital investment. Describe the key aspects of the globalization of financial markets since 1980 that have helped drive growth in the world economy.
In the early 1990's, a study found that moderate daily consumption of red wine reduced the incidence of heart disease in labratory rats. As a result of national press coverage of the report, the demand for red wine increased dramatically. Assume t..
Explain how relevant to the real world do you believe this result is in the "contestable markets" view of the competitive process.
As the number receiving the bonus vary from year to year due to the state of the economy.
Elucidate why not the change in the price of military goods will be reflected in how the United States measures inflation.
Could you conclude this data shows the proportion of politically motivated expatriates has increased Use the 0.05 significance level.
Suppose a risk averse agent. Explain how many units of the contract will the agent buy if the price is q=k.
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