Entries by Hannah Wangui

Marnie earns $25,000 a year

Question Marnie earns $25,000 a year while working at a local bookstore. Because the bookstore did very well this past year, Marnie received a $500 raise. She consumes part of this additional income and saves part of it. If Marnie’s MPC = 0.75, how much money from her raise will she save?   Looking for […]

 

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In 2009 dollars, U.S. GDP was $1057 billion

Question In 2009 dollars, U.S. GDP was $1057 billion at the start of the Great Depression but fell to $778 billion by 1933. What percentage decline does this represent? 7% 12% 26% 36%   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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The Rule of 70 applies in any growth rate application

Question 1)     The Rule of 70 applies in any growth rate application. Let’s say you have $1000 in savings and you have three alternatives for investing these funds. How long would it take to double your savings in each of these 3 accounts? a.      A savings account earning 2% interest per year. b.     A U.S. Treasury bond mutual […]

 

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interest rates

Question if interest rates fall in the united states relative to the rest of the world, the demand for U.S. dollars will ___ because there is lesser demand for assets with ___ returns   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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