+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Suppose you earned $50,000 last year, and inflation is at 5%. You receive a salary increase of $2,000.
Explain your increase salary in nominal and real terms.
Did you receive an increase?
Microeconomics, Economics
Question: You work for Dinch Plumbing Supply. Your customers tend to be of two types: 1. Plumbers and plumbing companies who buy in large quantities, know exactly what they want, and insist on competitive prices or they' ...
Question: The inflation rate in Argentina fell from over 3,000% in 1989 to 25% in 1992 and virtually zero in 1998. (A) What do you think happened to the money supply growth over the same time? (B) What do you think happe ...
Question: Gomez runs a small pottery firm. He hires one helper at $12,000 per year, pays annual rent of $5,000 for his shop, and spends $20,000 per year on materials. He has $40,000 of his own funds invested in equipment ...
Questions - 1. Turnover Costs Savings - Assume that training results in a 10 percent reduction in your turnover rate. Also, assume that the cost of a turnover is 1.5 times the departing employee's salary. For a given ave ...
Question: Genelia has to choose between a two-day trip and a three-day trip to Hollywood. The table below shows the expected benefit and cost for the different days. Using optimization in levels and optimization in diffe ...
Question: (Requires calculus) The demand facing a monopolist is Q = 50 - 2P and total cost is TC = Q + 4Q 2 Find the monopolist's optimal price, quantity, and profit. Graph the solution. a. If this were instead a ...
Question: A selfless person approaches Jones and Smith with a $100 bill and offers to sell it to the highest bidder, but both the winning and losing bidders must pay her their bids. So if Jones bids $2 and Smith bids $1 ...
Question: In August 2002, preliminary data showed that payroll employment rose 39,000, household employment rose 429,000, and the unemployment rate fell from 5.9% to 5.7%. (A) Based on these data, what conclusion would y ...
Question: Apple Computer wants to have $2.1 billion available 5 years from now in order to finance initial production of a device that applies IOT technology for home use. The company expects to set aside uniformly incre ...
Question: Graphically illustrate: a) what happens to the rental price of capital and the marginal product of capital as the stock of capital increases b) how the change in the marginal product of capital changes the inve ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
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