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#### Calculate national saving

Consider a small open economy with desired national saving of S = 20 + 200r* and desired investment of I = 30 - 200r*.a. Calculate national saving(S), investment(I), and the c

#### Computing minimum value of avc

Consider the price-taking firm in competitive industry for raw chocolate. The market demand and supply functions for raw chocolate are estimated to be

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Graph the supply and demand schedule for pizza using \$5 through \$15 as the value of p. In equilibrium, how many pizzas would be sold at what price?

#### Determining change in equilibrium output

Assume the economy starts at equilibrium and the mpc=.8. What would be the effect of the \$500 increase in taxes (once all the rounds of the mulyiplier process are complete)

#### Calculate the asymptotic variance for your estimator

Write down a GMM estimator for β = (β0, β1). (There are many that you can use. You can make it simple as long as it works.) Calculate the asymptotic variance for your estimato

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In the 1960s and 1970s, research funding by the U.S. government and some universities led to revolutionary advances in network computing. These advances in communication and

#### Explain relationship between marginal and productivity

What is average productivity and What is marginal productivity? Explain the relationship between marginal and average productivity. What would happen to marginal and average

#### Aconsumer'' preferences are represented by utility function

Suppose a consumer' preferences are represented by the utility function U = MIN(5X, Y).  The price of Y is PY = 1, and the consumer has income, M = 120.  a) Graph the consumer

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