+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
You want to borrow $95,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,950, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR loan?
Microeconomics, Economics
Question: Participation in the labor force is a personal decision that can be illustrated using indifference curves and budget constraints. A. Explain and show graphically why a person with non-labor income may choose no ...
Question: Assume that US imports have an income elasticity of 1.3 and a price elasticity of -0.5, and US exports have an income elasticity of 1.2 and a price elasticity of -0.7. They also have a ‘‘repercussion elasticity ...
Question 1 (200 words) (a) Farmer Fitzgerald was heard saying "My farm is profitable, but I can't afford to stay in business any longer. I am going to sell the farm and teach at the local TAFE College.' In what sense is ...
Question: Again our seller starts with demand Q = 12 - P and marginal production costs of $4 per unit. The seller's transaction cost is $1 per unit, and buyers' are $2 per unit. a. Show that profit-maximizing output is 2 ...
Question: Write in paragraph form 1. Which country was able to stop privatization and how did they do it? 2. From this film whose interest do you think the World Bank and the IMF represent? 3. Give 3 examples of how priv ...
Question: What is the time value of money and how can compound interest be used to calculate the present value of any future amount of money? How is the word "risk" used in financial economics and what is the difference ...
Question: An economy has the production function Y = A (K^0.3) (L^0.7) where A = 1 and (L^0.7) = 10. The depreciation rate is 10% and the investment rate is 30% of output. a. Compute the steady state level of capital. b. ...
Hotel managers use marginal cost all the time. As the training manager for Hilton once noted, "We are selling a very perishable product." A hotel room not rented tonight cannot be rented twice tomorrow night. You are the ...
Question: Explain why the net export effect of a contrac- tionary monetary policy reinforces the usual impact that monetary policy has on equilibrium real GDP per year in the short run. The response must be typed, single ...
Question: Classify the following as consumption, fixed business investment, residential construction, inventory investment, exports, imports, government purchases, intermediate goods, or none of the above. (A) Student pu ...
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