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In the Romer endogenous growth model, what three factors determine an economy’s growth rate? Briefly explain (and ideally show in an impulse-response diagram) how a change in each factor affects growth.
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.
Which of the following changes would not shift the demand curve for a good or service?
Free zone would happen if the central bank lowered the federal funds rate and buy securities on the open market.
Consider how the globalization of markets and production has changed the nature of policy decisions. How are events in Europe and other parts of the world influencing the economy in China?
Assume that the Fed purchases a security for $75,000 from FirstBank. Also assume that the reserve ratio is 0.2 (20%). How does the open market purchase affect the T-accounts for FirstBank, SecondBank and Third Bank? What is the total increase in depo..
At the current price level, would it be viable for the firm to increase the price level of its brand of coffee. Support your answer.
What factors in socio-cultural segment can have significant impact on U.S. restaurant industry? How does each of these factors shape the growth and changes of the industry? What are the future trend of each factor and the resulting changes of the ind..
Suppose the government increases both taxes and government purchases by $10,000. Assuming that the marginal propensity to consume is 0.75, calculate the change in private saving, government saving, and total saving. Then draw a graph of the loanable ..
Assume the price falls to $ 7.50. What think would be a short-run impact on the production of the company. What would be the long term.
If the market price stays the same, but the fixed costs of the firm increase so that the total cost function becomes: TC = 18 + 17 Q - 4 Q2 + Q3 What will be the profit-maximizing level of output? Will the firm earn a profit, and if so, how much?
q1. individual has a utility function described by the equation u2xv. the price of x is 32 every item whereas the price
As firms enter a monopolistically competitive industry, the existing firms' demand curves will: A Nash equilibrium occurs when:
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