Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Answer below Questions
Problem 1. (a.) Suppose real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate?
(b.) How many years would it take for GDP (gross domestic product) to double (using your answer from part (a)?
Problem 2. What are the sources of human capital? Discuss some specific examples.
Problem 3. What is the law of diminishing returns? Give an example of what the law of diminishing returns implies.
Problem 4. What happens when the government raises taxes and uses revenue to engage in spending?
How has the educational system affected the quality of our labor force - Explain the Malthusian theory of population. Is it relevant today anywhere in the world? Explain where and why.
Show how the consumer’s opportunity set changes if income increases by $300. How does the $300 increase in income alter the market rate of substitution between goods X and Y?
Consider the finite-horizon alternating-offers bargaining model in which the last period T is even. Find the (unique) SPE outcome and discuss its limiting properties.
Suppose the market for agricultural machinery, including crop sprayers, in a region is monopolized by one company, Jack Rein Deere. The market demand for sprayers is given by Q = 1250 - 0.05P. The monopolist's supply curve for sprayers is given by Q ..
A monopoly produces widgets at a marginal cost of $10 per unit and zero fixed costs. It faces an inverse demand function given by P = 50 - Q. Which of the following is the marginal revenue function for the firm?
Find the value of Qc.
The text presents the target rate of unemployment as being about 5 percent. William Vickrey, a Noble Prize winning economist, argued that the target unemployments rate should be seen as being between 1 percent and 2 percent.
Describe a situation in which autocorrelation might be present and which of the three methods of detecting autocorrelation you would leverage. Explain your rationale. Describe what remedial measure you would take to address autocorrelation if it were..
Dundee argues that the situation in Oklahoma City was desperate, and that Lindenwood could have tried to locate other suppliers of the lumber to meet its lumber needs. The case is tried before you, the Circuit Court of St. Charles County.
suppose two entities are considering collusion - to make things legal consider a situation similar to opec except
A socio-economic impact assessment examines how a proposed development will change the lives of current and future residents of a community - The indicators used to measure the potential socio-economic impacts of a development
What is the maximum amount the money supply can increase, assuming this bank is the only bank in the system that has excess reserves?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd