Finance

Crater Lake Diagnostics Inc is considering the purchase of a new piece

Crater Lake Diagnostics Inc is considering the purchase of a new piece of equipment that has an initial investment of $75,000, has annual expenses associated with its operation of $10,000 per year and has a six year life. What is the equivalent annual cost of this investment if the firms considers the appropriate discount rate […]

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Date: September 19th, 2020

Gross domestic product product (GDP) is a measure of: A) the total am

Gross domestic product product (GDP) is a measure of: A) the total amount of goods and services sold over a particular period of time. B) the total amount of goods and services produced over a particular period of time. C) the projected amount of goods and services to be produced over a particular period of […]

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Date: September 19th, 2020

Which of the following statements are NOT true? A) Peaks in the busin

Which of the following statements are NOT true? A) Peaks in the business cycle tend to occur when the capacity-to-output gap is the largest. B) Peaks in the business cycle tend to occur when the capacity-to-output gap is the smallest. C) Troughs occur when the capacity-to-output gap is the largest. D) None of the above. […]

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Date: September 19th, 2020