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Question: A construction firm owns a concrete batching plant on which there is a $150,000 mortgage. The mortgage's interest rate is 7%, and it is to be paid off in 25 equal annual payments. After the 13th payment, the firm refinances the balance at 6%, to be paid off in 35 equal annual payments. What will be the firm's new annual payments?
a company has been in the business of selling canned apples for the last thirteen years. the initial price of the apple
Suppose that the matching function is given by: M = em(Q, A) = eQ^(0.7)A^(0.3) Express pc and pf as functions of e and labor market tightness j. Suppose that z = 1, b = 0.4, e = 0.9 and k = 0.24. Suppose that w = 0.75 Find the unemployment rate in th..
What are the macroeconomic consequences of a budget deficit when the economy is operating at full employment? Be sure to discuss the effects in the short run and long run.
In the market for fashionable clothes, the marginal social benefit of one more dress per person is $100, and the marginal private benefit is $500.
What happens to the balanced-growth-path values of capital per worker, and output per worker? Sketch the paths of these variables
Write out a regression with quarter dummies (use summation notation to be compact). How is this same as a time fixed effects regression? Write out a regression equation with a variable “time,” which takes on the value 1 at the beginning of the sample..
the price of a first class stamp is .42 cents in 2009. the price of the same first class stamp in 1975 was .13 cents.
How do the theories and knowledge of international trade and monetary policies help people to understand the business and issues in Canadian hospitality and tourism industry?
Consider a monopoly where the demand is given by Q = 25 - .5P, Total costs for this monopolist are estimated to be C(Q) = 100 + 2Q + Q2. What is the profit – maximizing output? What is the monopoly profit?
Discuss the two major contradictions of neoliberal policies implemented in Peru in the 1990's. (Hint: Sheahan discussed the following contradictions: that the policies led to an immediate increase in recession, poverty, and unemployment and that the ..
You are an efficiency expert hired by a firm in the clothing industry that uses machines (K) and workers (L) as inputs. The firm has estimated that the marginal product of labor is MPL = 120 - 6 L, while the marginal product of capital is MPK = 50 - ..
Go to the internet and find a news article published within the last three months that discusses balancing the federal budget of the U.S. and fiscal policy.
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