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Homework answers / question archive / 1) what is the future worth of $547 in year 1 and amounts increasing by $72 per year through year 5 at an interest rate of 10% per year? QUESTION 6 10 points Save Answer Find the present worth of $2,994 in year 1 and amounts increasing by 10% per year through year 5

1) what is the future worth of $547 in year 1 and amounts increasing by $72 per year through year 5 at an interest rate of 10% per year? QUESTION 6 10 points Save Answer Find the present worth of $2,994 in year 1 and amounts increasing by 10% per year through year 5

Economics

1) what is the future worth of $547 in year 1 and amounts increasing by $72 per year through year 5 at an interest rate of 10% per year? QUESTION 6 10 points Save Answer Find the present worth of $2,994 in year 1 and amounts increasing by 10% per year through year 5. Use an interest rate of 12% per year

2)Q1:/ Fill the blanks with a suitable word/ words:

Mathematical method is an approach to ………………….. in which the economist use the…... ……………………… in statement of the problem and also use the known …………………… in reasonable analysis of …………………... (analysis can be at ……….. or …………… theory.

Q2.Consider the national income model:

Y = C + I0 + G0 + (X0 − M) … … . . … . (1)

C = a + byd, (a > 0,0 < b < 1) … … . (2)

Yd = Y − T … … … … … … … … … … … . . . (3)

T = T0 + ty … … … … … … … … … … … . . (4)

M = M0 + my … … … … … … … … … … . . (5)

Where: (T) = taxes, (t) = income tax rate

Identify: 1/ Endogenous variable(s).

2/ Exogenous variable(s).

3/ Conditional equation.

4/ Behavioral equations.

5/ Definitional equation.

6/ Constants., give the Economic meaning of them.

7/ Coefficients. give the Economic meaning of them.

3) The discount rate and the federal funds rate The discount rate is the interest rate on loans that the Federal Reserve makes to banks. Banks occasionally borrow from the Federal Reserve when they find themselves short on reserves. A higher discount rate banks' incentives to borrow reserves from the Federal Reserve, thereby the quantity of reserves in the bariking system and causing the money supply to The federal funds rate is the interest rate that bariks charge one another for short-term (typically overnight) loans. When the Federal Reserve uses open-market operations to buy government bonds, the quantity of reserves in the banking system , banks' need to borrow from each and the federal funds rate other Grade It Now Save & Continue Continue without saving

4)explanation of your selected industry’s market structure, including support for your assertion. In your explanation, also address the following:

  • How do firms compete with each other in the industry, both in terms of price and non-price competition?
  • Are some firms in the industry able to earn economic profits in the long run? Why or why not?
  • To support your response, be sure to reference at least one properly cited scholarly source.

The company that I chose to talk about was a grocery store. I believe it falls under monopolistic competition.

5)A committee on community relations in a college town plans to survey local businesses about the importance of students as customers. From telephone book listings, the committee chooses 50 businesses at random. Of these, 28 return the questionnaire mailed by the committee. Identify the population and the sample for this study. The population is all students in the college town and the sample is the 50 local businesses to whom the questionnaire was sent. The population is all local businesses and the sample is the 50 to whom the questionnaire was sent. The population is the 28 businesses who responded to the questionnaire and the sample is all local businesses. The population is the 50 local businesses to whom the questionnaire was sent and the sample is the 28 who responded. What is the rate (percent) of nonresponse? (Use decimal notation. Give your answer as an exact number.) (Alt + A) nonresponse rate: %

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