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some economists maintain that the returns to additional years of education is actually quite small but that there is a substantial "sheepskin" effect whereby one receives a higher salary with the successful completion of degrees or the earning of diplomas. Explain how the sheepskin effect is analogous to SIGNALING MODEL
What would you do if patent law prevented your rival from cloning your product.
Which component of GDP is the most stable. Look for the smallest change from the year with the smallest contribution to GDP to the year with the largest contribution.
Explain the argument that lower corporate tax rates can increase tax income in Kenya. Reflect on the Laffer curve in your explanation.
Elucidate briefly in what way the HOV, or factor content theorem, extends the standard HO model.
Rain spoils the strawberry crop, the price raises from $4 to $6 a box, and the quantity demanded decreases from 1,000 to 600 boxes a week
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
What could be the full increase in real GDP from the change in government spending assuming that the aggregate supply curve is horizontal across the range of GDP being considered.
Analyze several indicators of the macroeconomic conditions in an economy, such as GDP, unemployment, CPI, and other indicators such as interest rates, income.
Illustrate what was the cost of recalls per year before the software was purchased if the company did exactlyy recover its investment in 4 years from the 10% reduction.
illustrate what fee customers were willing to pay for expedited payments, the bank conducted a survey. It was able to determine that many of the people surveyed already paid fees for expedited payment services.
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Estimate the regression coefficients using ordinary least squares also interpret them. Predict the weekly sales for a store with 10 feet of shelf space situated at the back of the aisle.
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