Economics

You have rented your first apartment, signing a lease that commits you to pay $5

You have rented your first apartment, signing a lease that commits you to pay $500 each month for 12 months. You have an opportunity to take a trip to Europe during the entire mon…

You have seen the many statistics indicating that healthcare costs are rising an

You have seen the many statistics indicating that healthcare costs are rising and continue to rise. Many of you have probably felt this first hand, by way of increases in premiums…

You have six hours to study for two exams tomorrow. The following table shows th

You have six hours to study for two exams tomorrow. The following table shows the relationship between hours of study and test scores: a. Use the rule for determining optimal purc…

You have the following data on The Home Depot, Inc. Market value of long-term de

You have the following data on The Home Depot, Inc. Market value of long-term debt: $20,888 million Market value of common stock: $171,138 million Beta: 1.04 Yield to maturity on …

You have the following data on The Home Depot, Inc. Market value of long-term de

You have the following data on The Home Depot, Inc. Market value of long-term debt: $20,888 million Market value of common stock: $171,138 million Beta: 1.11 Yield to maturity on …

You have the following data: The (natural) logs of aggregate annual US electrici

You have the following data: The (natural) logs of aggregate annual US electricity sales, of average electricity price, and of income (GNP), for the years 1951-84. 1. Under the Da…

You have the following information for goods X and Y: Goods Price elasticity Cro

You have the following information for goods X and Y: Goods             Price elasticity             Cross-price elasticity               Income elasticity X                      …

You have the following information on monthly income and quantities consumed of

You have the following information on monthly income and quantities consumed of steaks, magazines, movies and pizzas for a consumer: Quantity purchased per month Monthly income St…

You have the following information on the price elasticities of the demands for

You have the following information on the price elasticities of the demands for goods Y and X: Goods             Price elasticity             Cross-price elasticity               …

You have the option to invest in either Country A or Country B but not both. You

You have the option to invest in either Country A or Country B but not both. You carry out some research and conclude that the two countries are similar in every way except that t…

You have the option to purchase a Robotic Surgery Machine to perform the surgica

You have the option to purchase a Robotic Surgery Machine to perform the surgical operations. The machine has a cost of 1,500,000 dollars, but the Medicare payment for a surgical …

You have the position of political analyst at a local TV station. In view of upc

You have the position of political analyst at a local TV station. In view of upcom ing congressional elections, you are asked to comment on the results from the 2000 presidential …

You have to do a two-student project in a class. Assume that you and your partne

You have to do a two-student project in a class. Assume that you and your partner are both interested in maximizing your grade, but you are both very busy and get more happiness i…

You have to repay your car loan of $20,000 in 48 month (A) with 1.25% per month.

You have to repay your car loan of $20,000 in 48 month (A) with 1.25% per month. Therefore, your effective rate of interest per year is equal to 16.075% which is the APY. A. True …

You have two alternatives for replacing a piece of equipment. You can use altern

You have two alternatives for replacing a piece of equipment. You can use alternative X which costs $100,000 and lasts forever, or you can use alternative Y which costs $75,000 an…

You have two daughters, born two years apart. The difficulty of putting away mon

You have two daughters, born two years apart. The difficulty of putting away money for their college educations precludes you from saving on a continuous basis for both. After rev…

You have two investment options, to prepare for your retirement at age 68: A. On

You have two investment options, to prepare for your retirement at age 68: A. On your 18th birthday you make a $1500 deposit into a bank account paying 10% interest. You continue …

You have two tickets to a Bruins game on a night that you are going to be out of

You have two tickets to a Bruins game on a night that you are going to be out of town (so the value of unsold tickets is zero to you). There are only three people who will possibl…

You have worked as a real estate agent for 10 years and are earning about $100,0

You have worked as a real estate agent for 10 years and are earning about $100,000 per year with your current agency. You prepared the following information to use in evaluating t…

You have worked as a real estate agent for 10 years and are earning about $100,0

You have worked as a real estate agent for 10 years and are earning about $100,000 per year with your current agency. You prepared the following information to use in evaluating t…

You have worked as a real estate agent for 10 years and are earning about $100,0

You have worked as a real estate agent for 10 years and are earning about $100,000 per year with your current agency. You prepared the following information to use in evaluating t…

You have worked as a real estate agent for 10 years and are earning about $100,0

You have worked as a real estate agent for 10 years and are earning about $100,000 per year with your current agency. You prepared the following information to use in evaluating t…

You havejust earned your Associate\'s degree from KaplanUniversity and, as a rec

You havejust earned your Associate's degree from KaplanUniversity and, as a recent graduate, a friend of yours comes toyou with an idea for a new product-a computer softwarepackag…

You head up the interdepartmental design review team for a manufacturer of high-

You head up the interdepartmental design review team for a manufacturer of high- performance motorcycles, and things are not going well at the moment. The design engineers and mar…

You hear one politician who is currently in office promote that “the overall une

You hear one politician who is currently in office promote that “the overall unemployment rate is declining due to my effective economic decisions. Vote for me again to continue t…

You hire an economic consultant who comes up with a linear demand specification

You hire an economic consultant who comes up with a linear demand specification to estimate the demand for your product. He/She sends you the following results: SUMMARY OUTPUT Reg…

You hold the positions in the table below. Assumed Price Shares Assumed Beta Ama

You hold the positions in the table below. Assumed Price Shares Assumed Beta Amazon.com $ 35.00 128 4.33 Family Dollar Stores 15.00 232 .80 McKesson Corp 61.00 136 0.97 Schering-P…

You identify a vacant piece of land zoned for industrial warehouse use which you

You identify a vacant piece of land zoned for industrial warehouse use which you can purchase for $3.0 million today (an amount which will need to be paid immediately). After deta…

You identify a vacant piece of land zoned for industrial warehouse use which you

You identify a vacant piece of land zoned for industrial warehouse use which you can purchase for $3.0 million today (an amount which will need to be paid immediately). After deta…

You just bought a 10-year-old house. How did you purchase the house? What happen

You just bought a 10-year-old house. How did you purchase the house? What happens when you purchase a house that involves the GDP. The house is located in an expensive neighborhoo…

You just bought a 10-year-old house. The house is located in a expensive neighbo

You just bought a 10-year-old house. The house is located in a expensive neighborhood. You do have to do some repairs. How does that transaction influence GDP? If the house is pur…

You just graduated and landed your first job in your new career. You remember th

You just graduated and landed your first job in your new career. You remember that your favorite finance professor told you to begin the painless job of saving for retirement as s…

You just received a bonus at your job of $4,000 which you decide to put in a che

You just received a bonus at your job of $4,000 which you decide to put in a checking account at the local bank. Assume that banks lend out all excess reserves and there are no le…

You just received a bonus at your job of $4,000 which you decide to put in a che

You just received a bonus at your job of $4,000 which you decide to put in a checking account at the local bank. Assume that banks lend out all excess reserves and there are no le…

You just received a bonus at your job of $4,000 which you decide to put in a sav

You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. Assume that banks lend out all excess reserves and there are no leak…

You just received a bonus at your job of $4,000 which you decide to put in a sav

You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. Assume that banks lend out all excess reserves and there are no leak…

You just received a bonus of ?$1000. a. Calculate the future value of ?$1000?, g

You just received a bonus of ?$1000. a. Calculate the future value of ?$1000?, given that it will be held in the bank for 8 years and earn an annual interest rate of 7 percent. Wh…

You just turned 27 years old and plan to start a retirement account. You got a j

You just turned 27 years old and plan to start a retirement account. You got a job that pays 68,000$ gross per year, and estimate you will bring home 75% of that number. Of the ne…

You just won a contest and have been appointed State of CT Tax Commissioner (you

You just won a contest and have been appointed State of CT Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is twofold: raise revenue …

You just won a contest and have been appointed State of CT Tax Commissioner (you

You just won a contest and have been appointed State of CT Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is twofold: raise revenue …

You just won a contest and have been appointed State of CT Tax Commissioner (you

You just won a contest and have been appointed State of CT Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is twofold: raise revenue …

You live in a dorm that has parties every Friday night. Loud parties. The neighb

You live in a dorm that has parties every Friday night. Loud parties. The neighbors complain. You discover that each of the 150 partygoers would be prepared to pay $1 (but not mor…

You live in a town with 300 adults and 200 children, and you are thinking about

You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to entertain your neighbors and make some money. A play has a fixed cost of $2000…

You live in a world with two time periods. Your income is $100 in time period 1

You live in a world with two time periods. Your income is $100 in time period 1 and $150 in period 2. (a) (15 points) If the interest rate is 0.03 (3%), draw your intertemporal bu…

You manage Gofer Delivery service, you rent a truck for $50per day and each deli

You manage Gofer Delivery service, you rent a truck for $50per day and each delivry takes an hour of labor time. The hourlywage is $8 a) Draw a curve to show the relationship betw…

You manage Mt. Claire Cafe which sells meals at a price of $8.50 each. The meals

You manage Mt. Claire Cafe which sells meals at a price of $8.50 each. The meals includes a hot dish and a beverage of your choice. The average number of meals sold per month is 2…

You manage a company that competes in an industry that is comprised of four equa

You manage a company that competes in an industry that is comprised of four equal-sized firms that produce similar products. A recent industry report indicates that the market is …

You manage a company that competes in an industry that is comprised of four equa

You manage a company that competes in an industry that is comprised of four equal-sized firms that produce similar products. A recent industry report indicates that the market is …

You manage a crew of 160 workers who could be assigned to make either of two pro

You manage a crew of 160 workers who could be assigned to make either of two products. Product A requires 2 workers per unit of output. Product B requires 4 workers per unit of ou…

You manage a firm in a monopoly market. You know the shape of your demand curve,

You manage a firm in a monopoly market. You know the shape of your demand curve, but you don't know who is willing to pay what, so you have to charge a single price. Given the fol…