give you $20,000 now. A part-time job will allow you to make six additional deposits, one at the end of each year. If the bank pays 6% interest (compounded annually), how large must your annual deposits be? 20,000 Annual=? 60,000
Q: The production effect of the export subsidy is shown by area(s) O d. O b. O (d+i+j). O (b+f+g).
A: This can be defined as a concept that shows the decrease in the price provided in the form of…
Q: 7. When the Federal Reserve sells assets from its portfolio to the public with the intent of…
A: Portfolio assets are the investment assets that are purchased by the issuers from time to time. It…
Q: diogo has a utility function: u=100x^0.6z^0.4 the price of x is Px=12 and the price of z is Pz=4 and…
A: Given information:U = 100X0.6Z0.4 --------------> Utility function--------------------------The…
Q: Suppose in 2018 the United States had consumption worth $13 trillion, investment worth $5 trillion,…
A: A summation of countries' final goods and services is known as Gross domestic product. It measures…
Q: in the United States, the adult population is 160.5 million, the labor force is 75.6 million, and…
A: Labor force participation is the fraction of the working-age population in the labor force. This…
Q: A perfectly competitive firm is producing at an output at which marginal revenue is equal to…
A: Industrial economics is the study and appraisal of business financial issues utilising abstract…
Q: ?What is a cartel A group of suppliers that tries to act as if they were a perfectly competitive…
A: A cartel is a form of collusion or cooperation among competing firms within an industry.
Q: Lexicographic preferences describe preferences where an economic agent prefers any amount of one…
A: Lexicographic preferences are a type of preference ordering where one good is considered more…
Q: 2. According to the textbook, which of the following statements is (are) correct? (x) The price of…
A: The market for loanable funds is a dynamic economic arena where borrowers and lenders converge to…
Q: In the IS/LM/BP model, which of the following statements is true? Under a flexible exchange rate,…
A: Demand is the desire backed by a willingness to pay and the ability to pay by an individual. When…
Q: In the table to the right, fill in the the values for the Marginal Product of Labor. (Enter your…
A: Marginal product is the output that is produced by the additional labor in the production process.
Q: Capital Goods (thousands of units) Figure 2-3 PPF2 Consumer Goods (thousands of units) Refer to…
A: A curve illustrates the maximum potential output of two goods or services that an economy can…
Q: The Federal Reserve Board of Governors a. rotate each four years. b. are appointed by the President…
A: Federal Reserve is the central bank of United States of America. It operates through executive body…
Q: The present equivalent of the rental income equals $ Is this a good investment? Choose the correct…
A: Present equivalent refers to the current worth of a future sum of money or stream of cash flows…
Q: Which of the following are stock variables? Which are flow variables? A. capital B.per-capital GDP…
A: Stock variableA stock variable, in economics, refers to a quantity or value that is measured at a…
Q: Eighth Assignment Find and graph the Post Tax Consumer Surplus, Producer Surplus, Tax Revenue, and…
A: Deadweight loss, also known as excess burden or allocative inefficiency, is an economic concept that…
Q: Alter the graph in order to explore the change in total revenue in response to a price change with…
A: The quantity by which the quantity being wanted by the consumer changes when the price of the good…
Q: Let the following figures represent the average weekly per-capita consumption (in USD) for a sample…
A: The Poverty Severity Index (PSI) is a measure used to assess the depth or severity of poverty among…
Q: (Figure: Supply Curves) Yantai Pacific produces and sells home textile products, such as sheet sets…
A: The association between a product's price and the amount that manufacturers are willing to offer in…
Q: Find the uniform annual amount that is equivalent to a uniform gradient series in which the first…
A: Present value is the value of investment in today's dollar. Future value is the value of investment…
Q: Utilize the following graph, which illustrates the changes in the mock beef market, to answer the…
A: When a product is in equilibrium quantity, there is neither a scarcity nor a surplus on the market.…
Q: 3. The effect of negative externalities on the optimal quantity of consumption Consider the market…
A: Externality:It is an economic problem when people take benefit from the economic goods. It is…
Q: A local restaurant attracts a large crowd for lunch. However, its customers park their cars on the…
A: The socially optimal level of output is that output which maximizes the overall social welfare. The…
Q: The economy was at point A producing 100X and 200Y. It then moves to point B where it produces 200X…
A: PPF is the production possibility frontier.PPF shows the production possibility of two goods in an…
Q: The graph shows the private demand for loanable funds curve and the supply of loanable funds curve.…
A: The total amount of money that economic participants choose to invest rather than spend on…
Q: Which of the following people will be classified as unemployed by the United States' Bureau of Labor…
A: The labor force comprises the employed and the unemployed. Employed are those that have jobs and…
Q: Richland's real GDP per person is $5,000, and Poorland's real GDP per person is $2,500. However,…
A: The term "gross domestic product" (GDP) refers to the production of goods and services at a specific…
Q: Refer to the diagram to the right. What is the productively efficient output for the firm…
A: The productive efficient output refers to an output level when the firm produces the maximum…
Q: The price of wheat increases. What happens in the market for wheat?
A: The demand curve is the downward sloping curve. Equilibrium is where the demand curve intersects the…
Q: John plans to establish an investment fund for his retirement. He plans to deposit $4,500 the first…
A: The future value, of a cash flow series refers to its future value on a specified date with a…
Q: Potatoes cost Janice $1.00 per pound, and she has $6.00 that she could possibly spend on potatoes or…
A: Total utility is defined as the satisfaction obtained from all units of the commodity consumed. It…
Q: What could have caused the aggregate demand curve to shift from AD2 to AD1? Increase in net export…
A: The aggregate demand curve depicts the total quantity of goods and services demanded at each…
Q: $174,000, and the CPI was 245.1. (a) Fill in the blanks in the following table with the values of US…
A: Nominal salary in 1917 = $7500.CPI in 1917 = 17.3Nominal salary in 2017 = $174000CPI in 2017 =…
Q: Refer to Table 29-5. If the Fed's reserve requirement (R) is 9 percent, then what quantity of excess…
A: Deposit = $20,000Reserves = $2000The Fed's reserve requirement is 9 percent. i.e., R = 9%
Q: There is a city, which looks like chopped isosceles triangle, as shown below. Citizens live…
A: A Nash equilibrium is a fundamental concept in game theory, named after mathematician and economist…
Q: Sue gets a total of 20 utils per week from her consumption of donuts and 40 utils per week from her…
A: Total utility is the total satisfaction received from the consumption of a good or service. Marginal…
Q: Price (dollars per month) 900- 800- 700- 600- 500- 400- 300- 200- Supply Price Ceiling Demand
A:
Q: Suppose that you experience a decrease in your income, which results in an increase in demand for…
A: “Since you have posted multiple questions, we will provide the solution only to the first question…
Q: Omari increase production from 8 to 9 fire engines because the dominates in this scenario.
A: Marginal Revenue is the additional revenue that the firm earns from sale of one additional unit of…
Q: Suppose you needed $37,000 to maintain a particular standard of living in 1983. How much would you…
A: An index that measures the average change in prices paid by consumers for a basket of goods and…
Q: Consider a modified Traveler’s Dilemma. In terms of strategy options that the players have and the…
A: In the modified Traveler's Dilemma where players are maximizers of "psychological" dollars as…
Q: A demand curve reflects each of the following except the O a. quantity that each buyer will…
A: The quantity (Q) of a product or service that individuals are willing and able to buy at various…
Q: Neema bought appliances costing $3805 at a store charging 5% add-on interest. She made a $1000 down…
A: Interest refers to the additional amount of money that is charged or earned on a principal amount…
Q: 40 30 20 10 12 10 200 100 59 10 O 250 As a production process requires labor L and capital K, q = F…
A:
Q: For each watch Marina produces, it gives up the opportunity to make 50 pounds of cheese. Cambria can…
A: Opportunity cost: The cost or the price that could have been invested in the next best alternative…
Q: On the following graph, the black line shows potential real GDP and the blue line shows actual real…
A: Real GDPReal gross domestic product (real GDP), also known as constant-price GDP, asset prices GDP,…
Q: Budget Constraint Suppose that the (nominal) lump-sum tax is $1,000 and the (nominal) price of the…
A: It can be described as the amount that is imposed and collected by the government from the people to…
Q: Suppose that the forward rate between $ and British Pound at 3 months is F=1.5 If you are a trader…
A: It can be defined as the concept that shows the power of the currency of one nation in terms of the…
Q: The unemployment rate for A) blue-collar workers is substantially higher than for white-collar…
A: The unemployment rate is a pivotal economic indicator that measures the proportion of the labor…
Q: An investor with capital x can invest any amount between 0 and x; if y is invested then y is…
A: To determine how much an investor should invest given an exponential utility function u(x) = 1 -…
Step by step
Solved in 4 steps
- Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 11 years. If he makes these investments, and if the certificates pay 9%, compounded annually, how much will he have at the end of the 11 years?What is equal-payment-series present-worth factor?Suppose a certain manufacturer deposits $3, 000 at the beginning of each 3 month period for 8 years in an account paying 8% interest compounded quarterly. (Round your answers to the nearest cent.) (a) How much (in $) will be in the account at the end of the 8 year period? $ Incorrect: Your answer is incorrect. (b) What is the total amount (in $) of interest earned in this account? $ Incorrect: Your answer is incorrect
- Problem 2. After graduation, you just got hired by an engineering company and you were planning to take a loan in order to purchase a new car. Let's assume that the bank is willing to offer you a personal loan with an annual interest rate of9.5%compounded yearly. The car price is26.500JDand you are capable to pay 4,200 JD per year. After how many years you will be able to pay back the loan with the accumulated interest (use a spreadsheet to answer this question) and draw the cash flow diagram.A department store has offered you a credit card that charges interest at 1.05% per month, compounded monthly. a. What is the nominal interest (annual percentage) rate for this credit card? b. What is the effective annual interest rate?Use interest tables. Suppose that $1,000 is invested for 4 years at an interest rate of 12%, compounded quarterly. How much will be in the account at the end of 4 years? Choose an answer by clicking on one of the letters below, or click on "Review topic" if needed. A F = $1,000 (F/P,12%,4) = $1,000 (1.574) = $1,574 B F = $1,000 (F/P,12%,16) = $1,000 (6.130) = $6,130 C F = $1,000 (F/P,3%,4) = $1,000 (1.126) = $1,126 D F = $1,000 (F/P,3%,16) = $1,000 (1.605) = $1,605
- How long will it take GH¢2,000 to accumulate GH¢800 interest at 10% compounded quarterly?Investments Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in I year, at what rate is the $1000 invested?QUESTION 1 Muhammad takes out a loan of $ 2,130, at 8% simple interest, for 8 years. How much will he pay back at the end of year 8? QUESTION 2 Calculate the amount of interest on an investment of AED 103,971 at 8% simple interest for 5 years. QUESTION 3 If you deposit today $7,335 in an account for 6 years and at the end accumulate $10,885, how much compound interest rate (rate of return) you earned on this investment ? QUESTION 4 You will deposit 12,025 at 10% simple interest rate for 9 years, and then move the amount you would receive to an investment account at 12 % compound rate for another 3 years. How much money would you have at the end of the entire period ?
- 1- How much can you afford to spend now on an Alarm Fire system if it will save you $21,300 per year for the next 5 years? Use an interest rate of 10% per year. 2. You need to buy a car in two years from now, the car dealer made you an offering, if you buy the car now, he would give you 40% a discount rate. You know that the car price will be SR 142,000 if you delay the purchasing decision two years. what is the present worth of the savings? if you refuse the offering. Assume the interest rate is 10% per year. 3. The amount of money that Energy Company can spend now for improving productivity instead of spending $30,000 three years from now at an interest rate of 12% per year is closest to: (a) $15,700 (b) $17,800 (c) $19,300 (d) $21,350! Use the given Data ! bartleby = 3 max questionsFor a deposit of P150000 at 8.5% interest compounded continuously over 5 years, find the interestearned. Jonal is left with an inheritance which amounts to P 30000 trusted to her guardian until it reachesto P 60000, how long would she wait for her money if it is invested at 10% compounded quarterly?N=Suppose that under the Plan of Repayment one should pay off the debt in a number of equal end-of-month installments (principal and interest). This is the customary way to pay off loans on automobiles, house mortgages, etc. A friend of yours has financed $15,000 on the purchase of a new automobile, and the annual interest rate is 6% (0.5% per month). a. Monthly payments over a 36-month loan period will be how much? b. How much interest and principal will be paid within three month of this loan?