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In year 1, Randy sells a parcel of land that he held as an investment for a number of years.
The land has a basis to Randy of $8,500. The buyer makes a $6,000 down payment in year 1 and will make a $7,000 payment in year 2 and a $7,000 payment in year 3. In addition, a reasonable rate of interest is charged on the year 2 and year 3 payments. How much income will Randy recognize in years 1, 2, and 3, assuming that he uses the installment method?
What is the result if Randy elects out of the installment method for this sale?
If the indurtry can pay only one of the six salary levels shown, which should it choose? How many workers will it employ?
Draw a demand and supply graph for tortilla market and use itshow the effect on this market of an increase in the price of corn.Once again, be sure to indicate the equilibrium price and quantitybefore and after the increase in the demand for the e..
What is your economic cost of buying a ticket? What is your economic cost of attending the game (once you already bought the ticket)?
In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public intere..
You're the manager of copies are us. The only copy store in town, the carbon copy, recently got bids on adding a colour copier.
Assuming that the beekeeper gets that amount, what range of payments will the farmer accept (Remember that negative payments are also possible.) Answer the same questions for the fifth day.
What is the growth rate of nominal GDP in the economy?An adverse supply shock raises the inflation rate associated with every output ratio by 3 percentage points. Draw the new short-run Phillips Curve.
Economists have estimated the subsiquent transportation elasticities.
Discuss and explain the features of the Danish economy and why the Danes overwhelmingly support globalization and job outsourcing.
A new widget, with a service life of four years, would save $50,000. in production costs each year. Using a 12.00% nominal annual interest rate, determine the highest price that could be justified for the widget, i.e., determine the present valu..
According to some translations, Nobel laureate Albert Einstein once said, " God does not play dice with the universe." Does this mean that a profit-maximizing firm would never use something like dice or a roulette wheel to help shape its pricing d..
Find out one story about the economy that has been in the news lately.
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