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Discuss and argue the following statements:
1. Growth accounting shows that technological progress is an important source of economic growth.
2. Econometric evidence on historical economic development demonstrates that some cultural norms and institutions cause development, while others cause backwardness.
3. Modern economic growth necessarily causes growing inequality. Government intervention to mitigate growing inequality harms economic growth.
Thames Inc.'s most recent dividend was $2.75 per share (i.e., D0 = $2.75). The dividend is expected to grow at a rate of 3% per year. The risk-free rate is 6% and the equity market risk premium is 5%. The company's beta is 1.3. Calculate the price of..
The own price elasticity of demand for the product has been estimated to be -1.25. Calculate the profit-maximizing price that the firm should charge.
Calculate the Expected Return to each project; Rank these projects in terms of attractiveness from a risk-averse perspective; Assess how your answers change if the likelihood of these outcomes changes such that there is an 70% chance of an economic b..
What does Friedman mean when he says the Earth is becomming "hot, flat, and crowded?" Describe three of the key problems that Friedman identifies in the book and explin why they re important.
What would be ultimate impact on the equilibrium price also quantity in the market for oak tables if the price of maple tables.
Define and explain the money multiplier. Identify the change to the money supply in the following situation: The required reserve ratio is 12.5 percent and the Fed increases the monetary base by $100.
If the IRR of Alternative A is 16.91%, the IRR of Alternative B is 14.91%, and MARR is 10.91%, which of the following is correct? neither alternative A nor alternative B is acceptable. not enough information is given to determine which alternative is..
Calculate the elasticity of demand as a function of Q. Does firm's profit maximization problem satisfy the global SOC? Using your answer 1,2 question, what is firm's profit maximizing markup?
Explain and demonstrate competence in the configuration and troubleshooting of complex EIGRP networks.
Incomplete information frequently lowers the average quality of products and services exchanged in markets. This phenomenon, at times called the "lemons problem," explains why the supply of lower-quality products increases relative to higher quality ..
1. Explain why Fukayama thinks we are at the "end of history". How do you respond to his contention?
Joe Johnson received 100 shares of Delta Inc. preferred as a tax-free stock dividend because of his ownership of its common stock.
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