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An investment currently costs $30,000 if the current inflation rate is 3% and the effective annual return on investment is 8%. Approximately how long will it take the future value to reach $45,000?
Business Economics, Economics
A national air traffic control system handled an average of 47,556 flights during 28 randomly selected days in a recent year. The standard deviation for this sample is 6,251 flights per day. Complete parts a through c be ...
How can local the local government help prepare employees for higher level positions in the organization.
Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.
A farm has two types of trees: 30% are orange trees (O) and 70% are apple trees (A). Frost (F) has damaged 40% of the orange trees (F|O)=0.4 and 10% of apple trees. What is the probability that a randomly selected tree w ...
A recent survey found that 18% of all people 16 years of age and older do volunteer work. Suppose a random sample of 250 people 16 years of age and older is taken. What is the probability that more than 21% of the people ...
If the marginal propensity to consume is equal to 0.30, what will be to total change in output (or income) that will result from an increase in government expenditure of 127.4?
Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
An article describes a study that appeared in the journal Pediatrics. In this study, researchers looked at records of 2500 children who were participating in a long term health study. They found that 10% of these childre ...
What is the effect of changes in gasoline prices on the demand for restaurant meals? Is gasoline an economic complement of restaurant meal Are restaurant meals an economic complement of gasoline
You have an opportunity to buy a bond with a face value of $10,000 and coupon rate of 14%, payable semi-annually. NOTE: Interest per 6-month period is 7% of Face Value (i.e. $10,000x0.07 = $700 per 6-month period). (i) I ...
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