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Question1. Does the structure of global economy permit poor nations to catch up with rich ones? Is the Solow model a useful framework for understanding whether poor nations tend to catch up with rich ones? How do Sachs and Rodrik differ regarding the policies that are most likely to promote catching up?
Question2. To what extent is the Solow model a useful framework for understanding the growth of countries?
Question3. Differentiate Sachs and Warner vs. Rodrik on the sources and best means of attaining economic growth.
Question4. What does, and what doesn't, the Solow model tell us about the sources of economic growth and the best policies for attaining high per capita incomes?
Assume that the MPC is .8 and that $10 trillion of real GDP is currently being demanded. The government wants to increase real GDP demanded to $11 trillion.
In a monopolistically competitive marketplace, a firm has market power because it produces a differentiated product. This means that the firm earns positive economic profit in the long run.
Assume we decline to sell goods to any country that decrease or halted its exports to us. Who would profit and who would lose from such retaliation?
If an investor implemented a reverse cash also carry trade, what would the arbitrage profit be.
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
Describe the productivity change for every category also then determine the improvement for labor-hours, the typical standard for comparison.
Provide high domestic interest rates, what is the economic outlook for these Asian countries in the next few years.
Assume the population over age. Elucidate what would be the measured unemployment rate.
Two articles Fed Official Expects Growth also Are Inflation Expectations Rising from the Ashes. Illustrate what exactly is the Federal Reserve.
Calculate the effect of the following events on the monetary base:
Find the equation of the new demand curve for Chevrolets. What is the relationship between D C and D' C ? What explains this relationship?
Illustrate what trends do you see in the data sets. What would you say to Support your assertions of trends with statistical evidence.
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