User Account

All Pages

Whats the share of each citizen in order to pay the debt

Assignment Help Econometrics
Reference no: EM13222866

When we began our engineering economic class on January 11,2011,the us national debt was $14,021,971,958,329.21.Now(March 3,2011),we have the debt is $14,181,000,542,446.10.

(a)if it is continually growing this rate,whats our debt at the end of this year.

(b)with the current debt(march 3,2011),whats the share of each citizen in order to pay this debt if we have the estimated population of the us is 310,134,549.

(c)how much money we have to pay per month in order to pay off the debt within 30 years if the interest rate is 6 %.

Reference no: EM13222866

Questions Cloud

What would you have done differently : What would you have done differently? Be specific. NOTE: Do not name the organization. Just use the XYZ as the name.
Why values are important for servant leaders : Hypothesize why values are important for servant leaders in helping to make an impact on communities and societies.
Explain what is the function of the sodium thiosulfate : What is the function of the sodium thiosulfate in studying the kinetics of the hydrogen peroxide-iodide reaction?
How american express uses brand equity to retain : Discuss how american express uses brand equity to retain and attract clients
Whats the share of each citizen in order to pay the debt : When we began our engineering economic class on January 11,2011,the us national debt was $14,021,971,958,329.21.Now(March 3,2011),we have the debt is $14,181,000,542,446.10. (a)if it is continually growing this rate,whats our debt at the end of thi..
Compute the mass of a parcel of dry air : Calculate the mass of a 1m3 parcel of dry air at STP. Calculate its mass at the same pressure but at 10 ?C and 20 ?C.
Identify the implications of exchange-rate changes : Discuss the various approaches available to help you accurately forecast exchange rates. Identify the implications of exchange-rate changes on the company's marketing, production, and financial decisions
Explain converted to solid mercury at its melting point : Calculate the heat energy released when 19.6 g of liquid mercury at 25.00 °C is converted to solid mercury at its melting point.
Explain the law to charge average total cost : suppose that a natural monopolist was required by law to charge average total cost. on a diagram label the price charged and the deadweight loss to society relative to marginal cost pricing. Hint: ensure you consider the characteristics of natural ..

Reviews

Write a Review

Econometrics Questions & Answers

  Determine what is consumption per worker

Assume that the country possesses 50,000 units of capital and 25,000 units of labor. What is Y What is labor productivity computed from the per-worker production function Is this value the same as labor productivity computed from the original prod..

  Legislative proposals to accomplish the goal

In your 1st position as a Finance manager you have been given responsibility for decreasing use of residential heating fuel in state. Choose one of three legislative proposals to accomplish this target

  Determine by annual cash flow analysis the net present worth

The equipment has been depreciated using MACRS with a GDS property class of 7 years. The state in which the firm operates imposes a 10% corporate income tax. The firm has federal taxable income in the $10,000,000 to $15,000,000 bracket

  Determine the reaction function of each firm

Assume the market is characterized by a Cournot oligopoly. Determine the reaction function of each firm. Determine the equilibrium output level for each firm. Determine the equilibrium market price. Determine the market output. Determine the market p..

  Find the optimal level of pollution as recommended

What is the optimal level of pollution P = 2P + P^2 => MC = 2 + 2P CC = 5 - 3P => MC = -3 to find the optimal level of pollution as recommended, we need to set total marginal cost = 0, then I have 2 + 2P -3 = 0 => 2P -1 = 0 => P = 0.5 You have alread..

  What interest should she get to be able to retire as desired

Ann Isabel, a recent graduate from Tech, would like to be a millionaire when she will retire after 30 years. She would like to start with a deposit of $1,000 at the end of the first year and increase it every year by $400 thereafter. What interest..

  What is the market price of the preferred stock today

Alpha Corporation has outstanding an issue of preferred stock with a par value of $100. It pays an annual dividend equal to 8 percent of par value. If the required return on Alpha's preferred stock is 6 percent, and if Alpha pays its next dividend..

  Calculate velocity for mushroom kingdom

Assume the Mushroom Kingdom: there are 21659 gold coins in circulation, nominal GDP is 86722 gold coins, the Central Bank of Mushroom Kingdom increases the number of gold coins in circulation by 2.4% each year, and GDP increases by 4.8% annually.

  Determine the total number of holes dug

To dig a hole, it takes one person (P) and one shovel (S). The total number of holes dug is given by the production function h=f(P,S)=min(P,S). If you currently have 2 persons and 4 shovels, what is the marginal product of persons

  Consequences in the regression results

The presence of autocorrelation leads to all of the following undesirable consequences in the regression results except:

  Show importance of small differences in the rate of growth

Consider the case of two countries that start with equal levels of GDP. The growth rate of the first country is 3% while the growth rate of the second country is 4%. After 25 years, the level of GDP in the second country is more than 25% larger.

  Why demand curve is in fact of constant elasticity variety

Consider A monopolist that faces the constant elasticity demand curve y(p) = p^e where e 0. ASlso assume that the monopolist pays a quantity tax of t > 0. a) verify that the demand curve is in fact of the constant elasticity variety

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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