Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The question is also in Barro,RJ, X,salai-martin "Economic Growth" 2nd edition book in page 235.
Spillovers from Average Capital per Worker
In the model presented in Section 4.3, assume that the firm's productivity parameter, Ai; depends on the economy's average capital per worker, K/L rather than on the aggregate capital stock, K. The production function is assumed to be Cobb-Douglas:
Yi = A. (Ki)α.(K/L)1-α
Derive the growth rates for the decentralized economy and for the social planner. Comment on how the scale effect discussed in Section 4.3 does not appear with this new specifcacation.
How does a price ceiling undermine the rationing function of market-determined prices? How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government prices ceilings create short..
How to calculate first degree price discrimination problems?
Explain in your presentation that information about the Healthy Dining program can be found. This page is primarily for diners.
You have been put in charge of electricity restructuring on the Isle of Mann. As part of the restructuring plan, it has been suggested to you that all wholesale electricity should be sold on the spot market at a price that is set every single min..
What is the variance of the return from the strategy in part (d)? Is it higher orlower than the variance of the strategy in (b)? Which of these two strategies wouldyour mean-variance optimizing investor choose?
Three machines are employed in isolated area. They each produce 2,000 units of output per month, the first requiring $20,000 in raw materials, the second $25,000, and third $28,000.
value modificationsuppose that g is a matrix game with value v. proof that kg has value k v for any positive real
If the firm wants to produce one unit of output at minimum cost, how much should it produce in each plant? If it wants to produce two units of output?
Which of the following curves- average fixed cost, average variable cost, average total cost, and marginal cost- would shift as a result of the lump-sum tax Why Show this in a graph. Label the graph as precisely as possible.
1.controlsoft inc. is a supplier of inventory management and control software that is popular with companies in the us.
Apple recently launched the iPod nano under 2-different versions:2GB and 4GB. There are two types of customers of the iPod nano.
What are the factors that would influence the Federal Reserve in adjusting the discount rate - How does the discount rate affect the decisions of banks in setting their specific interest rates?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd