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What is the total interest paid on a 15 year $250,000 mortgage at 7% annual interest rate. Assume that the mortgage is kept for the full 15 years.
in 2003 when music downloading first took off universal music slashed the prices of cds from an average of 21 to an
In 2005, The economist reported that France's real exchange rate had increased relative to Germany's real exchange rate during the preceding two years. How can this be true if both France and Germany used the euro as their currency.
a firm uses two inputs, capital and labor. in the short run, the firm cannot adjust amount of capital it is using, but it can adjust the size of its workforce. What happens to the firm's average total cost curve, the average variable cost curve
a major producer of plastics in the united states is about to expand its business. as part of this expansion it will
this is about unemployment rates during the depression. if it started at 1.8 then raised to 25.2 what percent would
A manager at strateline manufacturing much choose between twoshipping alternatives: two day freight and five-day freight. Using five day freight would cost $135 less than using two day frieght.
The Wall Street Journal’s experience after it increased its price to 75 cents. what implicit assumptions are the publisher and the analyst making about price elasticity.
consider a market where demand is p10-2q. there is a negative production externality of 2.50unit of consumption. supply
What determines the variety of styles, designs, and sizes of different products? Why do you think there are only a few different varieties of toothpicks but lots of different types of napkins on the market?
define cognitive dissonance and provide an example. how might cognitive dissonance impact a future home purchase? car
Explain whether each of the following is an example of a macroeconomic concern or a microeconomic concern.
if health care spending is already on the flat-of-the-curve it may not be possible to buy improved health status by
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