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Q. The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.a. Based only on this information use a Solow Growth Model diagram to clearly and accurately show Japan's initial (1) income-per-worker, (2) actual investment-per-worker, (3) balanced investment-per-worker, and (4) capital-to-labor ratio. This diagram should be drawn in BLACK. b. In 2011, the Japanese economy experienced a devastating earthquake that destroyed 15% of Japan's capital stock and killed 5% of its labor force. Incorporating only this additional information, clearly and accurately show in your diagram above what effects this would have on Japan's (1) income-per-worker, (2) actual investment-per-worker, (3) balanced investment-per-worker, and (4) capital-to-labor ratio. These effects should be drawn in RED.c. In 2012, the Japanese government undertook a significant effort in disaster relief, clean up, and rebuilding. In addition, the Japanese government began writing new building safety rules for factories, warehouses, and office building that would impose a significant new regulatory burden on businesses. Incorporating only this additional information clearly and accurately show in your diagram above what effects this would have on Japan's (1) income-per-worker, (2) actual investment-per-worker, (3) balanced investment-per-worker, and (4) capital-to-labor ratio. These effects should be shown separately and drawn in BLUE.
As before pleasing the job, you admit a surprise offer from a competitor. Elucidate how much producer surplus have you earned, if you actually earn $2600 during the month.
Suppose the firms compete in quantities. If firm 1 deviates from collusion in one period, what is the profit of firm 1 in that period in subsequent periods.
Make sure that you consider two cases. In the first case, the consumer does not pay any tax before x is reduced, and in the second case, the consumer pays a positive tax before x is reduced.
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
The impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay
Suppose the point of tangency that characterizes long-run equilibrium for a monopolistically competitive firm occurs at Q1 units of output.
Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
What, how and for who apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside vendor.
The government wants to increase real GDP demanded to $15 trillion at the given price level
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
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