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Imagine you own a coffee shop. You're at a stage when you need to replace most of the seats as they are a bit wobbly and chipped. However, you also need new electrical stoves to meet cooking needs. The cost to replace the seats and purchase the new stoves are much the same. You can't afford to do everything at once so you need to prioritise.
You do some research and find out that:
(a) A new apartment complex is just about to open and people will be moving in. They will also be looking to furnish their apartments.
(b) The sales tax on raw wood is about to be increased
(c) There is a new electrical appliance shop opening next year nearby (it sells electrical stoves)
Which investment should be given priority in your opinion? State your argument in a clear way and use relevant graphs to explain your reasoning and any assumptions made.
A can of iced tea costs 1 ringgit in Malaysia and 10 baht in Thailand. What would the baht-ringgit exchange rate be if purchasing power parity holds?
In 1929 and 1933, GDP measured in current prices fell from $96 billion to $48 billion. Over the same period, relevant price index fell from 100 to 75.
You purchased a commercial warehouse in March 2010. The cost of property was $200,000 which includes $25,000 for the value of the land. Determine the amount of depreciation that is allowed during the first year of ownership.
two years ago East Beach Products (EBP) designed and built in-house an R&D device to measure a critical parameter in evaluating new designs. Based on lessons learned, the testing engineers have found a generic device which can be modified to measu..
Janet Yellen, the Chair of the Federal Reserve, is to testify before Congress again. She hired you as a consultant (because she thinks your previous work was simply outstanding).
Compute Pierre Lappin’s adjusted gross income by entering the following information on Form 1040: $50,000 salary, $5,000 qualified dividend income, $3,000 interest income from corporate bonds
The demand for flash drives is qd=100-p+ln(m),where p is the price of a drive and m is income. a. Find the elasticity of demand for flash drives when p=2 and m=500. Now find the elasticity of demand for flash drives when p=3 and m=500.
Explain how monetary policy affects interest rates and aggregate demand. Cite a peer-reviewed source.
Write an essay analyzing the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the "crowding out" effect.
government consumption in our model is simply a waste that is it does not affect anyones utility or affect the
Julie wins a $15 million lottery payable over 30 years. In years 1 through 4, she receives annual installments of $500,000. At the beginning of year 5, Julie sells her right to receive the remaining
As we note in the chapter, an oil price shock will probably increase the size of an oilcentered city like Houston, Texas. During the time that people.
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