Anna deposited $10,000 into an account three years ago. The first year she earned 12 percent interest, the second year she earned 8 percent interest, and the third year she earned 4 percent interest. How much money does she have in her account today?
a. $12,579.84
b. $12,596.80
c. $12,597.12
d. None of the above are correct to the nearest cent.
a
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What happens in a monopolistically competitive market with the entry of new firms?
What will be an ideal response?
What reasons would economists give for an increase in the natural rate of unemployment that could have occurred from 2007 to 2011? What argument would suggest that the natural rate of unemployment may not have risen?
Suppose there are only two firms in an economy: Rolling Rawhide produces rawhide and sells it to Chewy Chomp, Inc, which uses the rawhide to produce and sell dog chews. With each $1 worth of rawhide that it buys from Rolling Rawhide, Chewy Chomp, Inc produces a dog chew and sells it for $2.50 . Neither firm had any inventory at the beginning of 2014 . During that year, Rolling Rawhide produced
enough rawhide for 2000 dog chews. Chewy Chomp, Inc bought 90% of that rawhide for $1800 and promised to buy the remaining 10% for $200 in 2015 . Chewy Chomp, Inc produced 1800 dog chews during 2014 and sold each one during that year for $2.50 . What was the economy's GDP for 2014? a. $3,800 b. $4,500 c. $4,700 d. $5,000
? You are considering buying a store. The store owner shows you sales figures of the store on a “typical” day. The owner has most likely shown you figures for
a. The less productive day
b. The more productive day
c. Any typical day
d. All the days that the store was owned by him