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Explain what is the static welfare effects of economic integration. Draw an appropriate graph.
Calculate the present worth of a 4.5%, $5,000 bond with interest paid semiannually. The bond matures in 10 years, and the investor wants to make 8% per year compounded quarterly on the investment.
An electric utility uses natural gas as fuel for a large multi-unit power plant. With all units in-service, for a given hour the plant's fixed cost is $120,000 and its variable cost is $50 per megawatt demanded. What is the hourly demand in megawatts..
a) Calculate the level of income at which there is no tax credit. Explain.
What are the studies that control for changes in technology, capital availability and perhaps other factors and quantify the impact of merger control on economy-wide market structure/concentration measures?
Describe in detail a perfectly competitive market structure. Do you think such a market structure exists? Give an example of an actual market structure that resembles a "pure competition" model.
What are the modern day an latest computer peripherals that make the tasks easier?
In this discussion, I want everyone to share your thoughts on the U.S. economic growth. What shall the U.S. do to maintain its #1 economic power in the world? What areas should the government work on? And How?
Do you think whether the government should maintain a fixed exchange rate regime or should just let the exchange rate to float, i.e. adopting a flexible.
The law prohibits all cigarette billboards and makes it illegal for cigarette ads to be posted in shopping malls, movie theaters, stadiums, and other public spaces frequented by minors. What argument might tobacco companies make against the federal s..
Consider the following model of trade between Iceland and Finland. There are two goods: Fish and Wheat. The only factor of production is labor. Each Icelandic worker can produce 1 unit of fish or 1 unit of wheat per unit of time, while each Finnish w..
The purpose of this is assignment is for students to review the basic principles of economics and the concepts of the circular flow model.
John Cardinals has decided to purchase a house in Moncks Corner, SC. The price of the house is $ 80000 after a down payment of $ 20000. The Bank of America will finance the purchase for 25 years at 9%. Advise about which choice he should take and the..
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