You are planning your retirement and you come to the conclusion that you need to have saved $1,250,000 in 30 years. You can invest into a retirement account that guarantees you a 5% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.