Your company bought a machine on January 1, 2011 for $16,000. It was used for two years under a mai… Show more Your company bought a machine on January 1, 2011 for $16,000. It was used for two years under a maintenence agreement that called for monthly payments, at the end of each month, of $280. At the end of the two-year period the machine was sold back to the manufacturer for $5,000. The annual interest rate is 6%, compounded monthly. a) Draw a cash flow diagram of the expenditures related to this machine. b) What was the equivalent worth of these cash flows on January 1, 2011? c) What was the equivalent worth of these cash flows on January 1, 2013? d) If the machine could instead be leased for two years for some monthly payment (paid at the beginning of each month), what monthly cost would be equivalent to the original schedule of payments? ****Answer all questions with work for rating!!! • Show less

a profit motive reduces a firm’s ab… Show more How can I use a labor market supply and demand graph to show how a profit motive reduces a firm’s ability to discriminate between two groups that generate identical marginal revenue and have identical productivity? Professional and well thought out response please. Describe how to draw the graph. Thank you. • Show less

because I want to understand the reason… Show more I would like a professional, detailed response for each part because I want to understand the reasoning behind your response, which is absolutely necessary for me. Thank you very much. “http://media.cheggcdn.com/media/45a/45aef13b-2de6-4b8d-8cc9-de8aabb6ab69/phpqEUziE.png” alt=”media/45a/45aef13b-2de6-4b8d-8cc9-de” /> • Show less

(b) Expl… Show more Assume Yn =11,600, t=0.2 and G=2610 (a) compute the amount of taxes at natural real GDP (b) Explain why there is a natural unemployment deficit. Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP. (c) suppose the goal of fiscal policy makers is to reduce the size of the natural employment deficit to 1 percent of natural real GDP. Compute what the size of teh natural employment deficit must be in terms of billions of dollars in order for fiscal policy makers to (d) Given no change in the tax rate, compute by how much fiscal policy makers must cut government spending in order to accomplish their goal. (e) Given no change in government spending, compute by how much fiscal policy makers must increase the tax rate in order to accomplish their goal. (f) Given the objective of fiscal policy makers, explain what action monetary policymakers must take for the actions of fiscal policymakers to have no effect on real income. (g) Suppose that private saving increase as the interest rates increase. Given the fiscal monetary policy mix described in parts c-f, explain whether the national saving increases by an amount that is larger than, equal to, or less than the decrease in the natural employment defecit. • Show less

For each part, please provide not just the solutions, but how to get to them. In the case of (Part b… Show more For each part, please provide not just the solutions, but how to get to them. In the case of (Part b, i), describe how to draw the graph, axis, lines, etc. • Show less

and the Chinese yuan in that ex indic… Show more Suppose that ex is the exchange rate between the U.S. dollar and the Chinese yuan in that ex indicates the number of yuan that can be purchased with one dollar. The demand for dollars, denoted, D$ is given by the equation D$=2,800 – 200ex. The supply of dollars denoted, S$, is given by the equation S$=400 + 100ex. a. Calculate the demand for dollars and supply of dollars at exchange rates between 0 and 12 in incrementsof one. b. Graph the demand for dollars and supply of dollars against the exchange rate. What is the value of the equilibrium exchange rate? c. Suppose the demand for dollars increases by 300 billion at each exchange rate. Explain if the increase in demandresults from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions. Calculate the new demand for dollars at each exchange rate and graph the demand curve. What is the new equilibrium exchange rate, give the original supply of dollars? d. Suppose the supply of dollars increase by 600 billion at each exchange rate. Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions. Calculate the new supply of dollars at each exchange rate and graph the new supply curve. What is the new equilibrium exchange rate, given the original demand for dollars? • Show less

Need equations:

Georgia consumes only grapefruits and pineapples…. Show more Please explan how you arrived at your answers 🙂 Georgia consumes only grapefruits and pineapples. Her utility function is U(x,y)=x^2y^8, where x is the number of grapefruits consumed and y is the number of pineapples consumed. Georgia’s income is $105, and the prices of grapefruits and pinapples are $1 and $3, respectively. a) write down Georgia’s budget constraint. What is the slope of the budget line? b) What is Georgia’s marginal rate of substitution at the point (x,y)? c) How many grapefruits will she consume? d) how many pineapples will she consume? e) If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good? • Show less

In 2010, many unskilled workers in the United States earned the Federal minimum wage of $7.25 per ho… Show more In 2010, many unskilled workers in the United States earned the Federal minimum wage of $7.25 per hour. By contrast, average earnings in 2010 were about $18.00 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $160.00 or more per hour. a. If we assume that wage differences are caused solely by differences in productivity, how many times more productive was the average worker than a worker being paid the Federal minimum wage? Instructions: Round your answer to two decimal places. times more productive than a minimum wage worker How many times more productive was a $160-per-hour lawyer compared to a worker earning minimum wage? Instructions: Round your answer to two decimal places. times more productive than a minimum wage worker • Show less

economists consider indicative of… Show more; ; The value of the four -firm concentration ratio that many economists consider indicative of the existence of an oligopoly in a particular industry is TF1:607-13 Answer