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Suppose that z, the marginal product of efficiency units of labor, increases in the endogenous growth model. What effects does this have on the rates of growth and the levels of human capital, consumption, and output? Explain your results.
In order to maximize profits, monopolies produce where: MARGINAL REVENUE = MARGINAL COST
Think about one choice you made in the past several days and explain how this could be analyzed using economics concepts such as tradeoffs, opportunity costs, and marginal analysis
Immigration is a major topic of concern in today’s economy. What are the possible problems and solutions for theseconcerns? What could happen to the U.S. labor markets ifimmigration is not controlled
Derive the book supply curve where price is expressed as a function of output. Calculate the equilibrium level of output and local bookstore sales revenue.
The question is what is the maximum probability of last thing happening (-$10 million) that will induce the person to vote for action.
Read "A Possible Perspective on Growth and Stagnation Over the Past 200 Years" posted on Blackboard. a. Describe the 4 reasons that Acemoglu gives for why the world did not experience growth before 1800. Name the 3 structural transformations underwen..
Get a copy of the latest Federal Reserve bulletn at your library and find out the most recent data on m1, m2 and m3. How have these aggregates been growing in the past year compared with the values? (Dean Croushore, Money and Banking).
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,
If the needs return on the stock is 13 percent, what is the present share price.
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
How would a communist economy, a market economy and a mixed economy react to technological changes? How wold they react to social changes? What is the role on nature in these three economies?
Some possible platforms on which to write are comparative advantage, gains from trade, World Trade Organization and trade restrictions.
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