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Suppose that a country has a debt-to-GDP ratio of 64%. The growth rate of real GDP is 3%. Assume that seignior age is zero and the real interest rate is 2%.What primary deficit as a percentage of GDP would be required to make fiscal policy sustainable?
All workers are equally productive also workers vary in their preferences. Compute a worker who values his wage and the risk level according to the following utility functions
Given the high value of the Canadian dollar relative to the U.S. dollar, Canada should lower the value of the dollar and keep it at this lower level,
The first step in comprising the value of this stock today, is to compute the value of the stock when it reaches constant growth in year.
Calculate the value of the objective function over the 5-year period and which policy is best? Why?
You are a manager of a large but privately held online retailer that currently uses 17 unskilled workers and 6 semiskilled workers at its warehouse to box and ship the products it sells online.
Show graphically the amount of the change that is due to the substitution effect and the amount of the change that is due to the income effect.
Explain how are people worse off when the price level rises as fast as their incomes
Assuming the population is roughly symmetric construct a 95% confidence interval for the mean annual consumption of alcoholic beverages by European young women.
Find the capitalized cost of a present cost of $330,273, annual costs of $41,182, and periodic costs every 5 years of $75,087. Use an interest rate of 10% per year.
The largo Publishing House uses 400 printers and 200 printing presses to produce books. A printer's wage is $20 and the price of a printing press is $5000.00. If not, how should the manager of Largo Publishing house adjust input usage?
Determine what ways are company isoquant maps and individuals' indifference curve maps based on the same idea? What are the most important ways in which these concepts differ?
Should the measure of imports used in the GNP (or GDP) accounts therefore be defined to include only imports of final goods and services from abroad? What about exports?
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