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The local loan shark will loan a person $1000 if the person agrees to repay the loan in two weeks with a payment of $1020. What is the nominal interest rate on this loan? The effective interest rate?
Is there a stigma attached to automatic stabilizers and are they what are sometimes referred to, often derogatorily, as "entitlements"?
At 25 cents apiece, Mrs. Brown sells 100 candies per week. If she drops his price by 20 cents, her weekly sales will increase to 110 candies per week. Is the demand for candies elastic or inelastic? Provide three everyday examples to illustrate what ..
Which of the subsiquent arguments is the president using to justify the trade restriction on ball bearings
q. demand can be predicted with experimental data cross-section data or time-series data. in this case cross-section
Harper Engine Company needs $600,000 to take a cash discount of 1.5/10, net 60. Abanker will loan the money for 50 daya at an interest cost of $12,100. What is the effective rate on the bank loan? How much would it cost (in perecentage terms) if Harp..
The domestic demand and supply for sugar are Qd=40,000-200P, and Qsd=10,000+300P. The foreign supply is Qsf=20,000+100P. What is the total supply of sugar in the domestic market?
Analyze your chosen topic from the basis of our course content by beginning with an underlined thesis statement (purpose) in the first paragraph. Then use each paragraph to analyze a separate concept, theory, or principle from the text which helps ex..
In recent years the exchange rate of the $ has been noticeably high against the yen. If for some reason investors around the world now decide that this increase is a temporary phenomena and that the $ will fall relative to the yen in coming months(th..
Why are error and uncertainty in the results of a GIS-based analysis not the same thing? Describe each.
Concerning the research process, the step which involves deciding if the data confirms or refutes the hypothesis is described as what activity? Refer to the methods of social science and the steps in the sociological research process to answer the qu..
Solve for the bertrand equilibrium price and market output. Would your answer differ if the products were not perfect substitutes?
Explain using a supply and demand curve the effects of an increase in minimum wage. According to U.S. Department of Labor, effective July 24, 2009, the national minimum wage was $7.25/ hour; therefore, research the current minimum wage rate on the la..
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