+61-413 786 465
info@mywordsolution.com
Home >> Macroeconomics
What are comparable real salaries? A job paid $57,000 in 2002. The CPI in 1960 was 29.6, compared to 179.9 in 2002. In 1960, what salary would be comparable to 2002's $57,000 in real terms? $_ (enter your response rounded to two decimal places.)
Macroeconomics, Economics
Priced at $40 Now at $20, Verified Solution
Question: 1. O(True) or X(False) 1. A trade-off is a principle for market activities. 2. A manager's salary is the opportunity cost. 3. A trade provides a division of labor. 4. The market failure always results in the ne ...
Question - The supply and demand curves for a given commodity are given by S(p) = 0.02(1 + p) 2 and D(p) = 10e -0.02 p where S(p) and D(p) are quantities and the price p is measured in dollars. Use the Malaren's series e ...
Question: Suppose there are two consumers, labeled 1 and 2, each of whom has a dollar of money income which can be spent on either private good x or public good g. Assume that the dollar cannot be divided between the two ...
Question: Tara is considering leaving her current job, which pays $56,000 per year, to start a new company that manufactures a line of special pens for personal digital assistants. Based on market research, she can sell ...
Question: Please do it by type not pic. 1. Beginning in a state of equilibrium in our consumer equilibrium model (food is situated on the Y-axis and beverage on the X-axis). Graphically illustrate the income and substitu ...
Question - Consider a market with 100 consumers. Each consumer would like to buy at most one unit and is willing to pay up to 10$. There is an incumbent firm that already operates in the market and a potential entrant fi ...
Question - In this question, I will guide you through a simple AK model. The so-called AK model is a special case of the Solow Model. The production function is simply Y = AK so 1/3 for capital in the last question becom ...
Question: According to the definition, a perfectly competitive firm cannot affect the market price by any changing only its own output. Producer No. 27 in problem 2 decides to experiment by producing only 8 units. a. Wha ...
Question: A firm faces the following demand curve: P = 120-0.20 * Q, and MR = 120 0.01 * Q. The firm's cost function T_C = 60 * Q + 25,000; MC = 60 (it is constant over all levels of output. If the firm maximizes profit, ...
Question: Explain why the market fails to provide optimal quantities of: i) Positive & negative externalities ii) Public Goods iii) Common Property Resources The response must be typed, single spaced, must be in times ne ...
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