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You decide to buy a home for $1,000,000. You approach two banks for financing. The first requires a 10% down payment and requires monthly payments on a 20 year mortgage sufficient to earn it an effective annual yield of 12%. The second bank also needs a 10% down payment but quotes a 12% annual rate which is compounded monthly (to yield a higher effective annual rate). What are the monthly payments on the respective mortgages
A profit maximizing firm has a production function such that: Y=K2L2 a) If P=10,rk=2,andWL=3 , what would be its optimum be? How can you show that it is a maximum? b) How
what is the cause of inflation in PNG
How growth are improved living standards The two main benefits of growth are improved living standards and technological advancement. As an economy grows, the output of
.measure to control inflation
A public good: A) Generally results in substantial negative externalities. B) Can never be provided by a nongovernmental organization. C) Costs essentially nothing to prod
There are very examples of perfect competition. Yet in the study of industrial organization, significant discussion is focused on this type of market. Explain why.
Why is it important for an organization to study and understand its external environment?
what is the company lidted in NASDAQ that is included in the dow jones industrial average
# ???? .. difference between gdp at market price and nnp at factor cost
Hi, I need help with my Aplia macroeconomics problem sets.
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