Assuming that the interest rate is 5% and will remain at that value indefinitely: The present value of a sum of £100 that I receive in one year's time is approximately £95. Select one: O True O False
Q: A new factory in a small town has an annual payroll of $6 million. It is expected that 60% of this…
A: A new factory in a small town has an annual payroll of $6 million. It is expected that 60% of this…
Q: Corn flour is a staple food in South America. With rising inflation, several governments are…
A: Price ceiling is the maximum price for a commodity below which it is not allowed to fall.
Q: A competitive industry has production processes that generate pollution. okay with studies carried…
A: Given information P=1500 , Q=250 P=1800, Q=200 MC=1300 MEC=500
Q: 6. Given u = 3x, +x,x, + 2x, s.t. P1X + P2x2 = B Find the amount of the commodities at which utility…
A: Given; Utility function; u=3x1+x1x2+2x2 Budget constraint; p1x1+p2x2=B Utility will be maximized…
Q: Trade makes costs Group of answer choices higher and reduces the variety of goods and services…
A: Trade makes costs(A) higher and reduces the variety of goods and services available.(B) higher but…
Q: John is deciding whether to exert effort (e = 1) to avoid an accident at work or not exert any…
A: Given information Utility of money=I0.5 Total utility=I0.5-c(e) e=1 when exert effort at work and…
Q: Explain the difference between a free good and an economic good.
A: In economics, goods are products that meet human desires and give utility, such as a gratifying…
Q: Find the values of (x,x) that maximize the function f(x,x) = 80x – 2x2- XV.– 3y² + 100y subject to…
A: Answer is given below
Q: In this simple insurance model, a company has a monopoly over a small market. There are 100K…
A: Given, Low-risk profile Medium risk profile High-risk profile Number of potential…
Q: Question 44 Please refer to the description of a tax on a market, represented by the graphic. The…
A: Answer: When the tax is applied by the government the loss in consumer surplus and producer surplus…
Q: Please refer to Maxine's & Daisy's PPFs What is Daisy's opportunity cost of pies (in terms of…
A: Production possibility frontier (PPF) can be utilized to show the point that any country's economy…
Q: Part I : Suppose the firm's labor demand curve is given by: w = 60 – 0.03E where w is the hourly…
A: Marginal utility means the utility derived from each successive unit goes on diminishing. As the…
Q: What is the demand function and cost function based on the set of data below? Price Quantity Profit…
A:
Q: Plant sizes get larger as you move from ATC-1 to ATC-4. Output ATC-1 ATC-2 ATC-3 ATC-4 1,500 $ 10 $…
A: Answers As we can observe in the given table there is a variation in ATC for the same level of…
Q: Using the Venn Diagram, compare and contrast the stages of Economic Development by Renee O’Farrel…
A: During an organisation's growth, even the most well-intentioned firms have times of upheaval. In…
Q: Q: In 2013, the demand for labour was W = %3D 600 - 3L, supply of labour was W = 100 + 10L. In 2013,…
A: According to the question, 2013 2014 Demand for Labor W = 600 - 3 L W = 700 - 3 L Supply of…
Q: A firm faces the production function Q = 6K0 L0.5. If it can buy input K at £32 a unit and input L…
A: Cost is minimized when marginal rate of technical substitution equals price ratio of inputs.…
Q: MSC MPC Po P1 P2 P3 MB Qo Consider the graph above. If this market is currently producing an output…
A:
Q: What is the poverty trap? Group of answer choices A)The situation where government assistance can…
A: The correct option is D. The poverty trap occurs when a person is poor, and structural…
Q: Costco sells paperback books in their retail stores and wanted to examine the relationship between…
A: Regression equation is Yi = b0 + b1Xi
Q: One point on a market supply curve represents $3 and 92 loaves of bread supplied. If there are three…
A: With Total market supply of 92 loaves at 3 $ price The first supplier supplies 24 loaves 2nd…
Q: We have assumed Hhe production functiorn AF (K.L) eahibite a anstant returrns to cale. That 1s IF He…
A: The implicit price deflector or GDP deflector tells us about the current price of goods and services…
Q: What is an example of Inelastic Supply? A consumer is willing to buy 200% more goods if the price…
A: Demand is a financial guideline or economic principle that refers to a buyer's desire to purchase…
Q: nsidering putting on a special one-time screening of a new movie. This screening sa fixed cost of…
A: Price Discrimination is a procedure that organizations use to boost income by charging clients…
Q: 3. Noah and Xaviera love to play "Hide and Seek." It is a simple game, but it continues to amuse. It…
A: Given information set 2 players: Noah and Xavier 2 set of strategy for each player: Upstairs,…
Q: iven the consumption function below determin the MPC oint on curve A B D Ya (billions) $ 0 500 1,000…
A: MPC stands for marginal propensity to consume. It is ax slope of a consumption curve.
Q: Explain how the different allocation methods may affect quantity demanded, equilibrium price, and…
A: *Answer: two most common allocation methods is the price system in a capitalist economy and by…
Q: An improvement in production technology will Group of answer choices decrease a firm's costs and…
A: Supply of a good or service depends upon various factors such as price of the good, income of the…
Q: Whether the following statement is true, false or uncertain? And Why is this so? Use graphs if…
A: The measure that depicts the final value of goods and services in the economy within a specified…
Q: Suppose the population is 300 million people, the labor force is 200 million people, the number of…
A: Here, given information is, Population: 300 million Labor force: 200 million Employed: 185 million…
Q: Consider Justin who makes $1,400 per week and just won a ‘set for life’ lottery ticket which…
A: Budget Constraint shows that the value of all the goods that a consumer consumes should be less than…
Q: Suppose the teacher for your course, "Principles of Economics" is a libertarian and adheres strictly…
A: The policy that depicts actions that are being intended for influencing or controlling the economy's…
Q: Why does the model of monopolistic competition does it have that name?
A: Concept A marketplace where a large number of companies start competing for the very same but not…
Q: Which of the following is not an assumption of a competitive labor market? numerous buyers and…
A: The answer is - interchangeable workers
Q: An annuity offers a payment of $5000 at the beginning of every three months for twenty years.…
A: Present value is the concept that states an amount of money today is worth more than that same…
Q: QUESTION 3 How are purchases or sales of foreign currency by a central bank are related to monetary…
A: In the international market, Central Bank can intervene in the market by making purchase or sale of…
Q: The slope and position of the long-run aggregate supply curve ppose the Fed doubles the growth rate…
A: According to the quantity theory of money, an increase in money supply causes an increase in the…
Q: Question 1 Efficiency means that Group of answer choices society is getting the maximum benefits…
A: The output of a market economy is goods and services. Services are tasks performed for the benefit…
Q: Costco sells paperback books in their retail stores and wanted to examine the relationship between…
A: Sample size is n = 6 Regression equation yi = b0 +b1Xi
Q: V = D + E Value of Asset = Debt + Net Worth According to normal economic theory, when will…
A: Given: V = D + E
Q: What do you think is the best sort of public policy to deal with the following pollution problems?…
A: Let us understand the solution step by step: In economics, the pollution problem refers to problems…
Q: 10) PPFS for Countries X and Y 300 Y 200 400 tons of rice a). In the graph above, what is the…
A: Comparative advantage, when country can produce a good with least opportunity cost than than others.
Q: Use the Lagrange multiplier method to optimize the objective function xy subject to the constraint…
A: Utility is maximized where slope of indifference curve equals slope of budget constraint. Lagrange…
Q: The long-run AS curve is given as Y =100. a) Derive the SRAS curve. (Note: The value of EP is not…
A: * SOLUTION :- (2) From the given information the answer is given as ,
Q: Explain two causes of a shift in a PPC.
A: Production Possibility Curve:- The PPC can be explained as a graphical representation which depicts…
Q: 2. The Lorenz curve measures inequality in person income distribution. What is the difference…
A: As we all know about lorenz curve it help us to measures inequality in person income distribution
Q: Buyers of used mopeds value good ones at $8,200 and value bad ones at $6,000. Sellers value good…
A: The expected value of mopeds is given by: 8200x + 6000(1-x) 8200x + 6000 - 6000x 2200x + 6000 Now we…
Q: A 90 day T-bill with $1,000,000 face value is priced at $997,500. What is its equivalent annual…
A: Answer; Option (d) 1.02% is correct
Q: If the consumers' income increase from $200 to $300, the quantity demanded for product X will…
A: Elasticity is defined as a variable's sensitivity to change in some other variable. Most commonly…
Q: Which of the following might lead to an increase in the equilibrium price of jelly and a decrease in…
A: Equilibrium in the market occurs where quantity demanded equals quantity supplied.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- You are paid £1,500 annually for 8 years, with the first payment due in one year and the last payment due in 8 years. What is the present value of all these payments using an interest rate of 9%? £ 数字 Enter an answer correct to 2 decimal places.Calculate the annual payouts C to be given for 15 years with an interest rate of 8% on an annuity with a present of value of $150,000. Round your answer to the nearest cent. Do not include the dollar sign in your answer.You currently have $18,000 in a bank account earning 4.9%interest. You think you will be able to deposit an additional$7,000 at the end of each of the next five years. How muchwill you have in five years?
- Q3: You may have already won $2 millions. You will receive $100,000 per year for 20 years. Suppose you are considering the following two options: First Choice: You save your winning for the first 7 years and then spend every cent of the winning in the remaining 13 years Second Choice: You do the reverse, spending for 7 years and then saving for 13 years If you can save wining at 7% interest, how much would you have at the end of 20 years and what interest rate on your saving will make the two options equivalent ?You are going to get %10,000,000 in 45 years' time. What is the value of that money today assuming an interest rate of 39% (annual rate) is discounted monthly?QUESTION 3 1.1) Calculate the future value (rounded to the nearest whole number) of monthly deposits of R500, made for 30 years, at a nominal interest rate of 4% p.a. Then find the value of the monthly withdrawals (rounded to the nearest whole number) that can be made from this annuity for a period of 20 years, at a nominal interest rate of 5% p.a. Future value of monthly deposits = Monthly withdrawal =
- How much money will you have in seven yearsif you deposit $7,000 in the bank at 8.5% interestcompounded daily?What is the present value of $500.00 to be paid in two years if the interest rate is 4%. $_____ (round to the nearest integer, no decimal point).If $500 grows to $1,500 over a certain period and interest rate, what will be the present value of $9,000 under the same terms?
- You plan to deposit $300 each year into an IRA earning 4% interest annually. How much will you have in your account in 20 years? Your Answer: AnswerSofia wants to acquire an apartment that within 4 years will have a value of $310,000,000, for this a monthly savings plan has been proposed to have within 4 years 35% of the value of the apartment that constitutes the initial fee. If the bank where you deposit the money recognizes an interest rate of 16% NM for the first two years and 20% NM for the last two years, how much should Sofia save monthly? Select one: a. $1.229.305,54 b. $1.729.305,54 c. $1.529.305,54How long does it take (to the nearest whole year) for a money to quadruple in value when the interest rate is 15% compounding per annum? SHOW YOUR COMPLETE SOLUTION: 4 DECIMAL PLACES ONLY