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The market for widgets is increasing by 15% per year from current profits of $200,000. Investing in a design change will allow the profit per widget to stay steady; otherwise, it will drop by 3% per year. If inflation in the economy is 2%, what is the present worth in year-1 dollars of the savings over the next 5 years? 10 years? The interest rate is 10%.
At the beginning of a recession, if the federal government spent tens of billions of dollars on a highway-building program and consequently ran a large deficit, how would this fiscal policy measure be judged by each of the five main schools of 20th c..
bavarian crystal works designs moreover manufactures lead crystal wine decanters for export to international
The Dow Jones Transportation Average (DJTA) is an average of the share prices of 20 transportation companies. According to the “Dow Theory,” demand for goods is reflected in the amount of cargo carried by transportation companies and delivered to con..
Discuss the laissez-faire and Keynesian schools of macroeconomic management, respectively. How do those approaches apply to the international economic systems of the pre-Bretton Woods and Bretton Woods systems?
What must she/he expect to happen to short term interest rates over the coming year.
Is the insurance contract actuarily fair? How much will you insure (i.e. find your optimal p and b)?
Increasing marginal volume for cost payers makes economic sense if:
how much would the original $20,000be worth in three years? What is the present value of the $25,000? Which option should Howard choose?
For each of the following, identify whether the statement is true, false or uncertain and justify your answer. If everyone has the same marginal rate of substitution, then the allocation is Pareto efficient. b) If a policy change increases social wel..
How does business economics relate to the banking industry? Give 3 descriptive answers. (Don't have to be long!)
1. What are the pros and cons of each potential partner?
What law (common law, UCC, CIGS) governs the contract? WHY? Contract between A, a merchant and B, for sales of widgets. Contract between A, a US merchant and B, a chinese merchant for paiting of building that provides California law applies
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