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Compute the amount of overhead cost that would have been applied to each project during May.
Discuss the following in regard to your household at the time of your purchase: Were you employed? Was the economy growing or contracting (recession)?
Determine the daily profit and the yearly profit and verify whether the business model works for the business.
Suppose the risk of the projects is the same and is accounted for by a risk premium of 6 percent per year. Would either investment make sense?
Compute the NPV and IRR to determine the financial feasibility of this project.
What is the rate of return on an investment over it's economic life that costs $29,000 and has a $1000 salvage value after 7 years
Distinguish between real and nominal GDP. Which one is a better measure of the business cycle?
Economists define a recession as when GDP declines by: a) 2 months in a row. b) 3 quarters in a row.
In analyzing the GDP per capita of a country, such as Saudi Arabia, it would be beneficial to understand and use the economic terminology
Explain how each of the following will affect the "price" of the Canadian dollar.
How can monetary policy ease the pain of austerity? Illustrate in the graph.
Describe the market structure when iPad was introduced. In theory, how did Apple decide how much to produce and what price to charge?
In the final round of a TV game show, contestants have a chance to increase their current winnings of 1 million dollars to 10 million dollars.
What is the expected return to buying a ticket in this lottery? Will a risk-averse person buy a ticket in this lottery?
What alternative interpretations are given to the observation that individuals cannot, even by spending considerable money on information.
What is the efficient market theory? What implications does it have for whether you can beat the market?
If you found out that several company presidents were buying or selling stock in their own companies, would you want to copy their behavior? Why or why not?
Jennifer earns $40,000 per year, but her wages are not indexed to inflation. How much has the actual buying power of her income changed over that time?
What is an example of an inflation shock? How does a positive inflation shock affect the inflation adjustment curve?
Why, if unemployment is kept below its natural rate, will the rate of inflation rise? What is the long-run trade-off between unemployment and inflation?
What role do changes in expectations play in shifting the SRIA curve? What difference does it make whether expectations are adaptive or rational?
Why might a family in an LDC face a lower opportunity cost of having more children than a family in a developed country?
What would be the effect in world markets on the quantities and prices of products sold mainly by LDCs, such as minerals, agricultural goods, and textiles?
Nominal GNP in Kenya 9 billion shillings in 1967 and 135 billion shillings. What was total percentage change in real GNP per capita in Kenya from 1967 to 1987?
How have different countries fared in the transition? How do you explain the different performances?