Economic models

a. are useful because they do not omit any real-world details.

b. are usually composed of diagrams and equations.

c. are usually plastic representations of the economy.

d. are not useful because they omit many real-world details.

Emily likes travelling, but every time she checks for tickets and a decent hotel, she gets overwhelmed with the amount of information she gets. She wants people to have a hassle-free travel experience.

Your brothers business obtain a 30 year amortized mortgage loan for $300,000 nominal annual rate of 7% with 360 end of month payments the firm can deduct the interest paid for tax purposes. What will the interest tax deduction be for year one?

Suggest one project that Bricks Construction could implement to address each key problem listed in the scenario (unemployment, Lack of housing and poor education and training)

If Andre has a child and adds another dependent to his tax form for withholding, the company will withhold a lower amount of income tax. Estimate what will happen to Andre's net pay.

Select ALL the correct answers! How can the government of a nation invest in physical capital? A. by building highways, railways, and airports B. by introducing mandatory physical training in schools C. by providing power and Internet connections D.

Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360.

Decentralization encourages upper level management to concentrate on short-term decisions. True or False?

Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.

Linda underpaid her taxes for the current year by $4,000 due to negligence. a. Calculate Linda's accuracy-related penalty for negligence. $ b.

A retired person with $200,000 to invest states that "current income" is her main investment objective. Which of the following would be most suitable? (A) High yield bonds and growth stocks (B) Municipal bonds, U. S.