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Assume you are currently working in a government job that pays$20,000/year and you have $40,000 in an account earning 10% interest. You have the opportunity to buy a fruit orchard that produces $23,000/year in revenue for a price of $50,000. You have always wanted to work in the fruit industry. Should you buy the orchard? Explain.
What adverse effects on the domestic economy may follow from (a) a depreciation of the exchange rate and (b) an appreciation of the exchange rate.
Describe the Lucas critique. Why might the level of government debt affect the government's incentives regarding money creation?
Illustrate the entry barriers exist in the fast food industry. Compute the labor participation rate: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150.
Illustrate what happens to the equilibrium price and quantity in each market. Which product experiences a larger change in price.
Suppose population growth rate is 0.03, inome elastiity of demand for consumption is 0.75 and inome growth rate of 0.05. what would be the growth rate of agriultural production for balaned growth of the economy.
An intraocular lens manufacturing is in the qualification process of a polishing machine.
When a construction possibilities frontier is bowed out, away from the origin the opportunity cost of a good.
You are using a sample size of 15 for your charting purposes. Which of the following is the upper control limit D4 factor for the chart.
What are the values of the slopes of the budget lines shown in the diagram, and what does the slope of a budget line tell us?
An athletic director was once quoted as saying that he felt his school spent too much on athletics but that it could not afford to stop.
Elucidate why or elucidate why not. Does it matter whether the inflation is expected or unexpected.
determine intellectual analysis and incisive. Write down a brief essay of about one page on the impact of labor migration.
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