James and Kathryn Cameron want to buy a house for $420,000. The Camerons have a combined monthly income of $7,000, and are applying for a $336,000 loan with 5% annual interest, and a 30-year amortization schedule with monthly payments. They expect the property taxes to be $4,800 per year and hazard insurance payments to be $1,200 per year. In addition, the Camerons have a monthly student loan payment of $500, which is expected to continue for 30 years. What is the loan to value ratio (LTV)

Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is

Uppose the book-printing industry is competitive and begins in a long-run equilibrium. then hi-tech printing company invents a new process that sharply reduces the cost of printing books. suppose hi-tech's patent prevents other firms from using the new technology. which of the following statements are true about what happens in the short run? check all that apply. hi-tech's average-total-cost curve shifts downward. hi-tech's profits increase. the price of books remains the same. hi-tech's marginal-cost curve remains the same.

Atrough in the business cycle occurs when