Equilibrium is defined when

A credit card company advertises an APR of 15.3%, compounded daily. What is the effective interest rate? Round your answer to two decimal places. O A. 15.76% O B. 16.53% O c. 15,50% O D. 16.47%

What happens to the peasant who cannot pay his tax in grain?

Suppose Poornima is an avid reader and buys only comic books. Poornima deposits $3,000 in a bank account that pays an annual nominal interest rate of 10%. Assume this interest rate is fixed-that is, it won't change over time.

The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northeastern United States. (A) Swing Hard collected $15,000 from customers for lesson services given in February.

invest $500 today on a Kickstarter campaign expecting future earnings. You are projecting that you will earn $100 in two years from now, $150 in three years, $200 in four years, $250 in five years and $350 in 6 years.

When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.

A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:

The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.

What impact will a spike in wages cause to the labor demand curve?

A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%.