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Suppose a country wants to increase its savings rate from 20% to 40% in order to at least double its growth rate of total income. If the Harrod-Domer model is valid, is it going to succeed? Why or why not?
Does the Harrod-Domer model imply convergence between countries like the Solow model?
What is the difference between conditional and unconditional convergence implied by the Solow model?
Suppose Indonesia's GDP per capita in 2006 was $ 1, 590 and it was $3, 379 in 2015. Calculate the average annual growth rate of GDP per capita over this ten year period.
Suppose a country's technology grows at 5% and its population grows at 1%. What is the long-run growth rate of per capita income according to the Solow model if s = 20% and depreciation is 2% ?
q1. when the federal government decreases the individual and corporate income tax rates?q2. between sweezy oligopoly
A legal minimum wage does all but which ONE of the following? a) Reduces the quantity of labor demanded b) Increases the quantity of labor supplied c) Creates a market surplus of labor d) Creates a market shortage of labor
What is the future worth of a series of even payment series of $1,674 made at the end of each 6-month period for 9 years at 6 % compounded semi-annually?
You are buying a bond at a quoted price of $892. The bond has a 7.5 percent coupon and pays interest semi annually on February 1 and August 1. What is the dirty price of this bond if today is April 1. Assume a 360-day year.
Your company is contemplating bidding on an RFP (Request For Proposal) for 100,000 units of a specialized part. Why might the amount be more than the requesting company actually wants?
Briefly explain what influences the supply of labor used in this business. Briefly explain what influences the demand of labor that this business uses. What might be some ways that this business could reduce its costs per unit (ATC)? How might the bu..
What are the major federal laws and subsequent amendments underpin U.S. environmental protection. Identify these laws. The value of a home depends in part on how attractive other homes and yards in the neighbourhood are. How do local zoning ordinance..
How does a government budget surplus affect the U.S. economy? Identify two periods in recent history in which the United States has run budget surpluses.
elucidate how the changes in the monetary policy effectiveness lag and the interest-rate multiplier affects how much and how long monetary policymakiers must change interst rates in response to any given demand shock.
What is a political system? Are certain political systems, like democracies, essential for sustained economic progress? What do you think? Please provide at least one citation/reference to support your argument
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $75,000 and her store made $130,000 in profits. Assuming the change in compensation is the reason for the..
When Sprint announced a price discount plan designed to induce small firms to use its services, the price of its slick immediately declined. Why do you think the stock market reacted negatively to Sprint's plan to attract new customers?
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