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Assignment
Problem 1. (Challenges for Economic Development)
Go to the World Bank's Website (https://www.worldbank.org/) and find and read the most recent World Development Report. Describe the current challenges for global growth.
Problem 2. (Stages of Economic Growth)
Describe the stages of economic growth according to Costa, Kehoe et al, (The Stages of Economic Growth Revisited, parts 1 and 2, Federal Reserve Bank of Minneapolis, Economic Policy Papers 16-5, March and April 2016). (Papers available on Blackboard, also: https://www.minneapolisfed.org/research/economic-policy-papers/)
Discuss the options available to the government when trying to offset a recession by stimulating the economy. Consider both fiscal and monetary policies. What are the pros and cons of different policy measures.
The chance that the price of a college education will be the same 18 years from now as it is today seems remote. Assuming that the price will rise 3% per year, and that today's interest rate is 8 percent, what will your friend's investment need to..
Assume that U =xy and that Px =$10, Py=$5, and I=$100. Use the Lagrange method to find the first-order conditions and the optimal values (i.e., utility maximizing values) of x and y.
Is the compensation scheme at your present place of employment consistent with a reasonable solution to the agent principal problem?
Suppose that there are only two goods produced in the world: computers, which are traded internationally, and ice cream, which is not. Calculate the level of GDP per capita in each country, measured in its own currency
The papers must be of high quality and in APA format (numerous APA formatting sources are posted in the Resources section of the classroom) (note: that abstracts and Table of Contents pages are NOT desired by the instructor).
Why should the govt monitor money supply? If we are in recession today, which one of the three tools of monetary policy would you suggest and why? And explain in detail how your choice of tool would help the economy?
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
First find an article that is about a basic macroeconomic topic. The article can be from the internet, newspaper, or a magazine. The topic of the paragraph is what the article is about.
Analyze the differences and similarities between your personal vision statement and the vision statement of the organization you explored. Rate the organizational vision statement in terms of how motivational or inspirational it is or would be to yo..
What will be the government total revenue? Calculate the Dead Weight Loss. 1) Calculate the net loss.
Show the price and output that maximizes profit in this graph. Then use math to calculate the price and output that will maximize the firm's profit. Calculate your profits at this price and output level.
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