1) Jim bought an used tablet for $100 and agreed to pay for it with a single $120 payment at the end of three months. What is the nominal annual interest rate? (5 points) What is the annual effective interest rate? 2)Pam, when she turned 25, made an investment of $20,000 at an interest rate of 6.5% compounded semi-annually. Now that she is 50 years old, how much is the investment worth now.

1) The real price of a shirt in 1974 in 2020 dollars is $421.07. If the CPI in 1974 was 49.3 and the CPI in 2020 is 259.5, what is the nominal price of the calculator? Round to 2 decimal places. 2) If the price of milk in July 2012 was $2.53 per gallon and the price of milk in July 2014 was $3.58 per gallon, we can not say there has been inflation. True or False. 3) Your mother tells you she earned $3.00 per hour when she was 15 in 1977; you remember making $6.00 per hour when you were 15 in 1999. Given that the CPI was 36.7 in 1977 and 166.1 in 1999, which of the following is the 1999 real equivalent of your mother’s hourly earnings when she was 15? Options: $6.78, $13.58, $15.01, $4.48

Transcribed Image Text from this Question This is a Numeric Entry question/It is worth 2 points/ You have unlimited attempts / There is a 20% attempt penalty 06 Question (2 points) The budget line can be drawn as a line, where x2 = 8.71 -0.77xı. See page 22 2nd attempt Part 1 (1 point) Feedback See Hint If income (m) = 270.00, what is P2? 40 Round your answer to the nearest Integer. Part 2 (1 point) Feedback See Hint If income (m) – 270.00, what is pi? 31 Round your answer to the nearest integer. > 1st attempt

Economics Assignment Writing Service Transcribed Image Text from this Question This is a Multiple Select question/It is worth 1 point/You have unlimited attempts/There is a 20% attempt penalty 11 Question (1 point) See page 24 The price of Xi is $2, the price of X2 is $8, and income is $320.00 3rd attempt See Hint Which of the following statements about the budget line are true? Choose one or more: A. The vertical intercept of the budget line is 160.00. * B. The slope of the budget line is -0.25. – C. With income of $320.00, a bundle of 10 units of x, and 10 units of X2 is affordable. – D. The opportunity cost of one more unit of X2 is -0.25 units of Xı. > 2nd attempt 1st attempt

Transcribed Image Text from this QuestionQ1 5 Points The demand for a product is 1000 items when the price is set tore and the demand decreases by Sites for every dell price increases.

We down an equation for the demand as a function of price. Define your nation clearly to receive full credit. You can either use the space below to type your answer or upload a photo of your answer Enter your answer here

Elasticity: Measuring Responsiveness — End of Chapter Problem Individuals differ in their willingness to pay for air travel, and airlines would like to charge different prices to different individuals based on their willingness to pay. Airlines typically attempt to divide passengers into two types: leisure travelers and business travelers. Suppose that an airline is charging $400 per ticket for all passengers on flights between New York and Washington D.C. The accompanying tables provide information on quantity demanded for air travel for leisure travelers and business travelers. Price (per ticket) Quantity‑leisure travelers (tickets per flight) $400 100 $500 50 Price (per ticket) Quantity‑business travelers (tickets per flight) $400 100 $500 90

a. What is the absolute value of price elasticity for leisure travelers if the airline increases the price to $500? Round your answer to the nearest whole number.

b. What is the change in total revenue for leisure travelers when the price increases to $500? $ c. What is the absolute value of price elasticity for business travelers if the airline increases the price to $500? Round your answer to the hundredths place. d. What is the change in total revenue for business travelers when the price increases to $500?

Transcribed Image Text from this Question e-Book Video Given that z is a standard normal random variable, find z for each situation (to 2 decimals). Enter negative values as negative numbers. a. The area to the left of z is 0.2119. -0.8 b. The area between – z and z is 0.9030. 1.66 c. The area between – z and z is 0.2052 . 0.27 d. The area to the left of z is 0.9948 . 2.56 e. The area to the right of z is 0.6915. -0.5

Get assignment help

Why Choose Us

Top Quality and Well-Researched Papers

We ensure that all your instructions are followed to the letter. You are able to choose the level of interest; professional, college, or high school. We will assign a writer who will cover all your specifications.

Professional and Experienced Academic Writers

We have a team of well trained and experiences assignment writers who are PhD and master’s holders. Our writers are can handle more than 91 disciplines.

Free Unlimited Revisions

If your assignment is not covered to your expectation, you can send your order for revision. The order should be submitted before 10 days elapses for review You can contact our support team or login to your personal account to submit your request.

100% Money-Back-Guarantee

We ensure on-time delivery of your papers. For clarification purpose, we may contact you regarding deadline extension. In case you cannot provide us with more time, we guarantee a 100% refund.

Originality & Confidentiality

We use professional tools to ensure all assignment help documents you receive are free of plagiarism. Our editors ensure optimum review of all quotations in the text. We also ensure confidentiality in our service delivery.

24/7 Customer Support

Our team of experts is available 24/7 to ensure that you are provided with the top customer experience. Any time you need assignment help, you can reach us and get the best experience with ours services.

Our Services

You don’t have to struggle with your papers. You need ample sleep; our writers will cover you. We provide writing services in all disciplines.

Essays

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Editing

Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Coursework

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.