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Your beginning salary is $50,000. You deposit 10% at the end of each year in a savings account that earns 6% interest. Your salary increases by 5% per year. What value does your savings book show after 40 years?
“When countries specialize, total world output increases, and therefore, the potential for greater total world consumption also increases”. Do you agree or disagree with this statement? Explain and give examples.
Discussions with tank fabricators indicate that the least expensive tank would be cylindrical with minimum surface area. What size tank should be ordered?
How is game theory relevant to oligopoly? Does it help to explain monopoly? Provide specific examples to support your answer. Are government policies subject to game theory by leaders of organizations? Provide specific examples to support your answer..
If there is initially a federal budget surplus, and government purchases and transfer payments both fall:
Elucidate what is the new market price. How many Frisbees are sold angry students marched to Washington, asked Frisbee price.
Three products that you believe are provided by a "pure" monopoly, or at least by firms with a high degree of monopoly power. List substitutes for the products sold by each of these "monopolies".
What factors might these types of stores have in common behind their declines.
Gordon also works 5 hours a week for the economics department to maintain that departments web page. Illustrate the economics department pays gordon $20 per hour.
QUESTION 1: Using this information, how many days were in the Inventory Conversion Period in 2015?
Estimate a regression model that will allow you to examine whether: the language in which the survey was conducted affects the relationship between life satisfaction and importance of work in life, age has a non-linear and non-monotonic effect on hap..
Assume there is an increase in autonomous investments of $100 billion. Will the effects on the level of equilibrium real GDP be greater with a relatively high or relatively low marginal propensity to consume? Explain.
Based on the date provided through the U.S. Department of the Treasury, is the public devt of the US government increasing or decreasing? What impact will this trend have on the budget of the federal government and on the U.S. economy as a whole?
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