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How do changes in disposable income affect government purchases and the government purchase function? How do changes in net taxes affect the consumption function?
Business Economics, Economics
Explain the real-nominal principle in detail? This is from Economics course.
At age 30 you decide to start saving for retirement. You wish to retire at age 65, and you expect to need an income of $2,500 per month for 25 years. If your savings earns an interest rate of 0.64% per month, how much wi ...
How would you explain the concept of a quality adjusted life year? When is it appropriate to use "QALYs" instead of simply improved life expectancy as the outcome measure in an economic evaluation?
A monopoly faces a demand curve of Q = 500 - 2P and has costs of TC = 100 + 10Q + Q^2 (Thus, you can solve MC = 10 + 2Q). Graphically depict Demand and MC. Also, I would like to know a) What is the profit maximizing leve ...
1. You are lost on the Mythy Island in the summer, when tourists are two-thirds of the population. If you ask a tourist for direction the answer is correct with probability ¾; answers to repeated questions are independen ...
An independent-measures study has one sample with n = 10 and a second sample with n = 15 to compare two experimental treatments. What is the df value for the t statistic for this study?
How do you calculate the annual interest rate of 12% compounded monthly. I know how to do for annually but not monthly. You are offered the opportunity to put some money away for retirement. You will receive 10 annual pa ...
Suppose we have a simple society with only 2 people. 1 person is rich and earns $100,000 per year. 1 person is poor and earns $25,000 per year a) What percentage of total income does the rich person earn? b) Now suppose ...
Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As