Solve the partial derivative

Assignment Help Microeconomics
Reference no: EM131663

1- Solve the partial derivative of the following functions with respect to each independent variable:

2077_Solve the partial derivative.png

2- Does any of the following production functions exhibit constant returns to scale?

111_Solve the partial derivative1.png

3-Please see if these statements are true, False or uncertain, Provide the right explanation for that:

a-. Imported goods will change the CPI of a given country, and change the value of real GDP

b- A decrease in capital stock will increase marginal productivity of capital.

c- More labor will increase the Marginal productivity of capital.

d- If real interest rate is greater than nominal exchange this Imply that borrowers are happy.

4- Imagine AD and AS represent the main forces driving the business cycle in a country. You have been chosen as Treasury Secretary to take critical decisions. Your country has been going through difficult economic times, as people are unhappy with their level of income and employment. You decide to implement a policy to (Stimulate) the economy.

a- what is the equilibrium state of the economy, and how is that related to the potential GDP? Please write the equilibrium equation down. If, You decided to increase G, how does this policy affect the AD?

b- Sketch the above effect/effects on a graph. Explain.

c- Two years after the increase in G, you observe that prices in the economy had gone up. However, you do not have any data on other
variables such as Y, C, and I. You hire an economist to figure out the effect of prices on Y, C, and Investments, and to see why prices went up at the first place. What do you expect she will tell you? Did these variables go up, down or stay the same? Please explain your points.

d- Has the policy been beneficial for your country? In particular, what has happened to consumption?

Reference no: EM131663

Previous Q& A

  Analysis of a proposed soda tax

What does the market for sugary sodas look like?  Provide a supply-demand graph with realistic prices.

  Write a program for find greatest common divisor

Write code for a recursive implementation of Euclid's algorithm

  Laplace transforms

Calculation of a Laplace Transform from first principles

  Benchmarking

What is the need for benchmarking?

  Market research report

Market Research Report

  Evaluate the fibonacci series

Write a program to evaluate the first 20 numbers of Fibonacci series.

  Prepare a power curve for this decision rule

Prepare a power curve for this decision rule

  Methods

Assignment describe the basic working of methods. How to write a method in java and how to call a method.

  Loops and files

Convert an algorithm using control structures into Java and write a while loop

  Explain the median housing price in a community

Explain the median housing price in a community

Reviews

Write a Review

 

Similar Q& A

  Evaluation of project proposals

The atmospheric pressure of 100k Pa acts on the other side of the piston. The gas is heated until the volume is doubled and the final pressure is 500 kPa. Calculate the work done by the gas.

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Linear demand function

Demand estimation and forecasting and income elasticity of demand

  Describe the revenue - costs and profit

Describe the revenue, costs, and profit that Starbucks expected when it entered this market.

  Management function and behaviour

What are the various methods of inventory valuation? Explain the effect of inventory valuation methods on profit during inflation. What are the provisions of Accounting Standard 2 (AS-2) with regards to inventory valuation?

  Question on macroeconomics

Draw a correctly labeled loanable funds graph that shows what happens to real interest rates.

  Evaluate the mu in the utility functions

Evaluate the MU in the utility functions

  Economics of markets and organizations

Economics of Markets and Organizations

  Marginal and average cost curves

n a competitive market place (pure competition) is it possible to continually sell your product at a price above the average cost of production.

  How air conditioner market affected by unusually hot summer

Describe how the market for Alaskan king crab will be affected if, at the same time that medical reports confirm that suspected health benefits from consumption of Alaskan king crab meat, wages are increased for trawler men

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd