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Suppose that $1000 is invested now, $2000 is invest two years from now, and $3000 is invested four years from now, all at 4% per year, compounded continuously. What will be the total amount 10 years from now?
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
Under the contract, Floyd promises to pay Evermore the amount that will be due Delany until his debt to Evermore is paid.
A. Identify two (2) functions of price in the market economy. B. Explain how price is determined in the market economy.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 100 bunches of bananas. In the two-person economy that George and John set up, fish sell for 3 clamshells each, boars sell ..
If an individual activity doesn't affect interstate commerce, but the aggregate of that activity does, federal commerce jurisdiction exist under the:
The Fed wants to increase the money supply (which is currently 4,000) by 200. The money multiplier is 3. For each 1 percentage point the discount rate falls, banks borrow an additional 20. Explain how the Fed can achieve its goals using the following..
A firm operates two factories. The cost function at the first plant is C_1(q1) = (q1)^2 + 8q1 + 5 and the cost function at the second factory is C_2(q2) = 0.5(q2)^2 + 2q2 + 10. Find and graph the marginal cost curve for the firm. What is the firm's s..
Which of the following two bonds are more prices sensitive to changes in interest rate? A par value bond, X, with 6-year-to-maturity and 10% coupon rate.
Your cat just won the local feline lottery to the tune of 3000 cans of "9-Lives" cat food (assorted flavors). A local grocer offers to take the 3000 cans and in return, supply 30 cans a month for the next 10 years. What rate of return, in terms of no..
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Make sure you include both the positive and negative effects of your actions, and..
If the supply of turkeys in particular November (remember Thanksgiving) turned out to be unusually small (few turkeys not size of the bird)
You have your eyes on a new automobile costing $25,000. If you wrote a check for the $25,000, you could drive off in your new car. However, you don’t have it and must finance $20,000 through the dealership at 15%/year/month over a 5-year period. What..
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