In 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the united states. what was the real interest rate in 1975? how would the purchasing power of your savings have changed over the year? (note: be careful not to round any intermediate steps less than six decimal places.)
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Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
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Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
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Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
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Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
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In 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the united states. what...
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