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A family takes out a 30-year fixed $300,000 mortgage with a rate of 5.25 %. After 8 years they decide to refinance the balance of the loan with another 30-year fixed mortgage. What is the upper bond of the advantageous rates?
1. lenders perceive that you are risky so you must pay 12 percent annual interest to borrow from one of them. you only
Through the Vietnam War period, universities and colleges were overflowing with students. Was this bumper crop of students caused by a greater expected return on a college education or by a change in the opportunity cost of attending college? Describ..
What is the difference between an "increase in demand" and an "increase in quantity demanded" -Elvira decreased her consumption of bananas when the price of peanut butter increased. For Elvira, peanut butter and bananas are
Someone who lives in an apt. buys a Wayne Newton CD and then blasts it at full volume at 3am.
National defense is considered a public good because there appears to be no limits to the nonrivalry-in-consumption characteristic, and exclusion of nonpayers is impossible. Are there any other goods that so perfectly meet both public goods criter..
Write a brief report describing what shift factors of supply and/or demand might be at work and how you would label those factors. Conclude the report with your forecast of what would likely result one month after the publication of the article.
1. Why might federal spending on roads, waterways, or national security be less subject to direct expenditure off sets than spending on health care or education 2. What might account for the fact that estimates of effect time lags for fiscal polic..
gas guzzler motors is one of three major auto producers. it is currently producing 6000 cars a day and selling them at
An industry has 1000 competitive firms, each producing 50 tons of output. At the current market price of $10, half of the firms have a short-run supply curve with a slope of 1; the other half each have a short-run supply curve with slope 2.
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a new hampshire resort offers year-round activities in winter skiing and other cold-weather activities and in summer
What qualities would ideally suit a monopolistic firm with regard to barriers to entry - Why would labor be treated as a variable cost?
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