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Suppose there is an increase in the saving rate. This increase in the saving rate will cause an increase in which of the following once the economy reaches its new steady state equilibrium?
none of these.
growth rate of output.
growth rate of capital per worker.
all of these.
growth rate of capital.
Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6,000 units of o..
Opportunity cost is the lowest valued benefit that must be sacrificed as the result of choosing an alternative. The law of demand states that there is a direct relationship between supply and demand. Excess demand in the market will cause the price o..
For example, the purpose is to identify four ethical principles from a set of ten and then provide a detailed discussion of each based on my experiences (job/college related)-Offer a critical analysis.
The price of a dozen roses in the United States is about $30. If $0.559 U.S. dollars can purchase 1.00 Turkish Lira, how much does the same dozen roses cost in Turkey, if purchasing power parity holds? A. 16.78 lira B. 55.90 lira C. 53.64 lira D. 30...
What are the equilibrium price and quantity. If demand increases to D', what are the new equilibrium price and quantity. What happens if the government does not allow the price to change when demand increase.
In a monopolistically competitive market, the rule for maximizing profit is to set MR=MC, which means. Perfect competition displays________________________ because the social benefits of additional production, as measured by the price that people are..
Let the total welfare gain from the innovation be given by W = V + S. Compute expressions for W for both competition and monopoly.
q.based on the production function parameter estimates reporteda. which industry or industries appears to exhibit
There is one scenario where the unemployment rate would probably be underestimated due to the discouraged worker effect. One where the rate would probably be underestimated due to underemployment.
Pharmaceutical Benefits Managers or PBM's are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (list of drugs that insurance will cover) and negotiate prices with drug companies.
What performance percentage would you use to trigger executive bonuses for that year.
A normal good is being produced in a constant-cost, perfectly competitive industry. Initially, each firm is in long-run equilibrium. Briefly explain the short-run adjustments for the market and the firm to a decrease in consumer incomes. What happens..
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