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1. Why are financial records important? How does keeping organized financial records contribute to successful money management?
2. Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?
3. What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own money management?
4. What are the pros and cons of using the different types of budget systems? Which one do you prefer?
5. Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
Identify fifteen sources and create an annotated bibliography related to Solar Power Energy. In addition to identifying the sources, write two sentences about why you selected the source and two sentences about the content of the source.
With units-of-production depreciation, what is the allowable depreciation rate per hour? What is the book value after 4000 hours of operation?
You have maxed out your $10,000 credit card, which is being charged 12.8% interest compounded daily. What is the minimum monthly payment to continue to break even? How much should you pay each week to get out of debt within one year?
The ratio of consumer liabilities to consumer financial assets rose from just over 10% in 1950 to more than 30% in 2009. However, recent researches points to a number of factors that bear on the consumer’s decision of when and how much to borrow. How..
Consider each of the following scenarios and determine whether it is an example of the income effect, the substitution effect, or diminishing marginal utility. Sasha likes to treat herself to a small latte each afternoon. On Wednesdays, when the coff..
Using an appropriate diagram, explain how the economic welfare of consumers and producers are maximized when the is in equilibrium?
How has the drought impacted the market for this labor? What happens to the equilibrium wage and quantity of laborers hired?
A certain college graduate, Sallie Evans, has $24,000 in student - loan debt at the end of her college career. The interest rate on this debt is 0.75% per month. If monthly payments on this loan are $432.61, how many months will it take for Sallie to..
Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time
When a bank issues a loan, its liabilities and reserves increase by the amount of the loan" on the basis of the following assumptions:
Two identical countries, Nation A and Nation B, can each be described by a Keynesian-cross model. MPC is .9 in each nation. How much is government purchases multiplier for each nation.
Given the following demand and supply curves: (a) Qd=-P+10 and (b) Qs=P. calculate the inverse demand function (provide below) and graph the two lines. Calculate and label the Consumer Surplus and Producer Surplus
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