Omar's current annual salary is $75,000. how much will he need to earn 20 years from now to retain his present purchasing power if the rate of inflation over that period is 3%/year? assume that inflation is continuously compounded. (round your answer to the nearest cent.)

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?