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What is the international community doing to assist the least developed countries (such as Niger) with resilience to climate change? Can you identify any limitations to this assistance? What insights can be found from a comparison of Haiti and the DR for the potential role of environment in economic development?
Suppose that now research firms can sell their machines to all producers in the world, including those in the South, and can charge the same markup. Derive the steady-state equilibrium under these conditions.
In this question we are going to incorporates investment in human capital by agents, in a form similar to physical capital. Labor units are replaced by human capital units Y = AK?(?H)1?? where • H ? Units of Human Capital • ? ? [0, 1] ? Fraction of..
Julia can fix a meal in 1 hour, and her opportunity cost of one hour is $50. Jacque can fix the same kind of meal in 2 hours, and his opportunity cost of one hour is $20. Will both Julia and Jacque be better off if she pays him $45 per meal to fix..
In a month, Samantha consumes the quantity of lobster dinners so that her marginal utility from a lobster dinner is 500 units. The price of a lobster dinner is $25. She also is consuming the quantity of spaghetti dinners so that its marginal utili..
The trees in Forest F grow such that the volume of timber at time t can be represented as f(t) = 900t - 50t2 + 60t3 + 7t4. (Note that these trees do not follow a typical biological growth function). The annual real interest rate is 0.19,
A. The Federal Reserve Bank then buys (purchases) $250,000 of U.S. government securities on the open market from Mr. X who has his checking account at Wilber National Bank. Show how you determine your answer and indicate the numerical effect this op..
The economy of Sonrisa has 1000 people in three income categories: poor, middle class, and rich. The poor ear $500 per year and have to spend it all to meet their consumption needs. The middle class earn $2,000 per year, of which $1,500 is spent a..
the charlotte bobcat's a professional basketball team has been offered the opportunity to purchase the contract of an aging superstar basketball player from another team.The general manager of the bobcats wants to analyze the offer as a capital budge..
Test the null hypothesis that the population variance is equal to 93 against the alternative that the population variance is greater than 93. Use alpha = 0.05. A random sample of 100 with a mean of 60 and a standard deviation.
What is the probability that Medco Construction will be in violation of their construction contract and what is the probability that they will not be in violation?
Using the CES data set, perform a tobit regression of expenditure on your commodity on total household expenditure, and compare the slope coefficient with those obtained in OLS regressions including and excluding observations with 0 expenditure on..
What kind of argument based on asymmetric information could support the claim that free meals (an in-kind transfer) are better than the cash handout? Can such an argument apply to free education?
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