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Draw the PPF's for Pat and Kris, assume the relevant time period is a 12 hour day. Show the intercepts and slopes for Pat and Kris.Pat and Kris are roommates. They spend most of their time studying (of course), but some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza.
Economic growth has increased in the past few months in the United States and driven by a surging stock market and increased confidence in the global economy, Canadians have increased optimism about the future of economic growth.
Give an personal example of a reverse logistics system you have experienced as a consumer. Were you satisfied with cycle time of process and what steps did the company take to guarantee your satisfaction.
Show how it would work in the context of the IS-MP diagram. How would this monetary policy rule depend upon the sensitivity of investment to the real interest rate?
Additionally, several other configurations were also estimated. The results are shown on the following pages. Based on this data, answer the following questions. Comment on the significance of time trend and seasonality.
the state power department argues that a 5 percent discount factor should be used in evaluating the projects, because that is the government's borrowing rate. the human resources department suggests using a 12 percent rate.
Explain how many years would it take to reduce the unemployment rate by 3 percentage points, assuming that the current GDP growth rate will continue into the future.
Describe the difference between the purchase of capital and the rental price of capital. If you know the value of marginal product from the flow of capital services, how would you determine the market price for the capital stock
Total population coincides with total workers and is denoted by L and compute the Solow residual and describe clearly the changes that occur to the graph and compare the final result with the initial situation
What motivated the producers of all the individual products in the store to make them and offer them for sale? How did the producers decide on the best combinations of resources to use Who made those resources available, and why
In the class, we discussed the Paradox of Thrift argued by John Maynard Keynes. According to the argument, even if many household decide at the same time to increase their saving, the total saving will not increase in the long run, while it leads ..
As per what circumstances would the net welfare loss from an import quota exceed the net welfare loss from an equivalent tariff.
After consuming one Coke, John has a total utility of 10 utils. After two Cokes, he has a total utility of 25 utils. After three Cokes, he has a total utility of 50 utils. Does John show diminishing marginal utility for Coke.
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