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Construction costs for a large, coal-fired generating facility will be spread over a 3-year period. Costs for the first year are $25M, for the second $150M, and for the third $90M. The costs are evenly distributed within each year, and the interest rate is 10%. What is the present worth of the construction costs?
Bank of Canada sets monetary policy to try to achieve an annual 2% increase in consumer price index. Is the CPI a good index of your cost of living? Why or why not? is there a better measure of the cost of living?
She could also use her entire budget to buy 3 uglifruits and 8 breadfruits per day. The price of uglifruits is 8 yen each. How much is Natalie's income per day?
Suppose the domestic supply (Qs) and demand (Qd) for MP3 players in the U.S. are given by the set of equations that follows: In the absence of international trade in MP3 players (autarky), the price of MP3 is $60. How many MP3 players will be produce..
Which of the following explains the distribution of income? Why can suppliers of goods can more easily shift the incidence of a tax to the consumer if the demand of the good is inelastic? What are intergovernmental revenues generally used to do? Whic..
Suppose that the output of a certain country is given by:Q = 20x^3/5 y^2/5 billion dollars if x billion are spent on on labor and y billion dollars are spent on capital, Find the output of the country if it spends $32 billion on labor and $243 billio..
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =8.89 %, Annual cash flow increases 29% each year, The first year value is $52 and the series is 8 yrs long starting at EOY 1.
Write one well-developed paragraph that relates an improved understanding of macroeconomics to your life. You may relate how a grasp of macroeconomics knowledge may prove helpful in future coursework, your prospective career/profession, and/or your p..
Describe some of the key decisions Apple management has faced within the past year or two. Identify an ethical issue the organization either faces or has faced in the past. If it has not been resolved, provide an analysis of how the issue should be a..
Suppose the Tooth Fairy paid 50 cents for a tooth in 1970. The CPI in 1970 was 38.8, while the CPI in 2010 was 218.1. What is the value of the Tooth Fairy’s payment in 2010 dollars?
In the short run, a firm cannot vary its capital, K = 2, but can vary its labor, L. It produces output q. Explain why the firm will or will not experience diminishing marginal returns to labor in the short run if its production function is
David black, representing the management of the automobile manufacturers disagreed with McDonald's assessment. Black cited studies that indicated price elasticity's ranging from 0.5 to 1.5.
Balancing the confidentiality of individual health information with the need to protect public health, the HIPAA Privacy Rule expressly permits certain disclosures of protected health information (PHI) to public health authorities without an individu..
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