What rate of return would the indians have received

Assignment Help Econometrics
Reference no: EM13201948

Peter Minuit bought an island from the Manhattoes Indians in 1626 for $24 worth of glass beads and trinkets. The 1991 estimate of the value of land on this island was $12 billion. What rate of return would the Indians have received if they had retained title to the island rather than selling it for $24?

Reference no: EM13201948

Questions Cloud

Find the distance form the base of the pole to the guy wires : Find the distance form the base of the pole to the guy wires point of attachment.
How fast is the angle between the top of the ladder : a ladder 10 ft long rests against a wall. if the bottom of ladder slides away from wall at a speed of 2ft/s how fast is the angle between the top of the ladder and the wall changing when the angle is pi/4 radians?
What is the circumference of the circle : Let A represent the total area of the square and the circle. What is the circumference of the circle when A is a minium?
How much of each raw material should be used to maximize : Raw materials A and B are used to make one of the target company's product the product must contain no more than 9units of A and at least 18units of B, it must cost no more than 300$, how much of each raw material should be used to maximize the we..
What rate of return would the indians have received : Peter Minuit bought an island from the Manhattoes Indians in 1626 for $24 worth of glass beads and trinkets. The 1991 estimate of the value of land on this island was $12 billion. What rate of return would the Indians have received if they had ret..
Why does a teacher earn less than a firefighter : Using the economic concepts that explain differences in wages, discuss any three of the following points.* Why does a chief executive earn more than a rocket scientist working for NASA * Why does a teacher earn less than a firefighter
What is the expected inflation rate in the us : Suppose that the exchange rate adjusts so that interst-rate party holds. Suppose also that the interest rate on a one-year German bond is 7 percent and the interest rate on a one -year U.S. bond is 4 percent. What is the exchange rate today.
Do you think the household is ambiguous : Describe how a budget constraint of a house hold in a two-period model is affected by each of the following changes. In each case, do you think the household is better off , or worse off, or is it ambiguous.
Why household decides not to borrow or lend at all : Assume that the price of the good is $1 in both periods. Suppose that the household decides to consume 26,000 in period 1 and 32, 000 in period 2. Now suppose that the interest rate falls to 50%, and the household decides not to borrow or lend at ..

Reviews

Write a Review

Econometrics Questions & Answers

  Develop a six-year moving average forecast

sales 1990 116 1991 105 1992 29 1993 59 1994 108 1995 94 1996 27 1997 119 1998 34 1999 34 2000 48 2001 ..

  What are the marginal cost of the dominant firm

consider an industry with a dominant firm and several fringe firms. assumes that this is a free-entry industry. a dominant firm given by C(q)=800+20q+q^2. The fringe firms all have the same variable cost as the dominant firm, but doubled fixed cos..

  Identify the variable that does not change

Compute the percentage change n nominal GDP, real GDP, and the GDP deflator n 2009 and 2010 from the percentage year. For each year, identify the variable that does not change

  Did the labor productivity ratio increase or decrease

The ABC Company has a large order for special uniforms to be used in an urgent operation. Working the normal two shifts of 40 hours each per week, the ABC production process usually produces 2, 500 uniforms per week at a standard cost of $120 each..

  What is the minimal fixed cost that will prevent entry

An incumbent firm, Firm 1, faces a potential entrant, Firm 2, with a lower marginal cost. The market demand curve is p=120-q1-q2. Firm 1 has a constant marginal cost of $20, while Firm 2's is $10.

  What is the size of the labor force

Suppose the number of employed people in an economy is 121,166,640. The unemployment rate in this economy is 10.4 percent, or .104, and the labor force participation rate is 72.5 percent, or .725. a. What is the size of the labor force

  Solving simple regression based question

The Rapid Engine Corporation is a multinational producer os small gasoline and Diesel motors. Rapid hs estimated the given cost experience for a new 3.5hp engine over a sample of 122 observations.

  How much will the profit or loss be

Refer to the above data. If the product price is $25 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss How much will the profit or loss be How much will the profit or loss be

  Estimate for the true daily weight gain

Agri-Beef Inc. operates cattle feed lots in several midwestern states. The company wishes to estimate the average daily weight gain of cattle on their lots. To do this a simple random sample of cattle is taken and the daily weight gain is recorde..

  How much ram do you desire if the price of ram falls

Suppose your designing your computer, with the same benefits from additional RAM described in the proceeding problem. How much RAM do you desire if the price of RAM falls to $50? 2,4,5, or 50. Suppose you are designed a new computer and want to mak..

  What is the interpretation of the coefficient on ca

What is the effect of the age of the house on its price and calculate the goodness of fit of the equation and What is the interpretation of the coefficient on CA?

  Which investment would the stockholders prefer

Bernie, the manager of the S& L who will make the lending decision, receives 1% of the firm's earnings. He believes that if the S& L loses money, he can walk away from his job without repercussions, although without compensation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd