1- solve the partial derivative of the following

Assignment Help Microeconomics
Reference no: EM13347730

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: EM13347730

Questions Cloud

Problem 1 you sell a machine for 600000 you allow the : problem 1. you sell a machine for 600000. you allow the client to pay 13 at the time of the sale and 13 at the end of
Start with the partial model n the file ch10 p23 build a : start with the partial model n the file ch10 p23 build a model.xls on the textbooks web site. gardial fisheries is
Xyz common currently sells for 3share you believe that : xyz common currently sells for 3share. you believe that one-month hence the stock could be worth 8 or could be
As a borrower which of the following two 30 year monthly : as a borrower which of the following two 30 year monthly payment loans could you select and why if you had a 10 year
1- solve the partial derivative of the following : 1- solve the partial derivative of the following functions with respect to each independent variable2- does any of
Analysis of a proposed soda taxarticle from the wall street : analysis of a proposed soda taxarticle from the wall street journal entitled soda tax weighed to pay for health
Problem 1greatest common divisor write code for a recursive : problem 1greatest common divisor write code for a recursive implementation of euclids algorithm for searching the
Question 1calculation of a laplace transform from first : question 1calculation of a laplace transform from first principles.write a comment in each of the boxes to explain the
Part - 1q 1 define benchmarkingq 2 what is the need for : part - 1q. 1. define benchmarking.q. 2. what is the need for benchmarking?q. 3. what are the types of benchmarking?q.

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Explain what is an inverse relationship

Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse relationship How does it graph What is a direct relationship How does it graph Graph and explain the relationships (other things equal) you woul..

  Inflation a rise in the price level causes demand for money

State whether you agree or disagree with the following statement and explain why: a. When the real economy expands (Y rises), the demand for money expands. As a result households hold more cash and the supply of money expands. b) Inflation a rise i..

  It is well-known that cold air feels much colder

where f is the dimensionless function (which must have dimensionless arguments in order to be dimensionally consistent! - for any smooth function this can be proved via a Taylor series expansion)

  When adding labor or other factors of production

What are two ways for a competitive firm to determine the optimal level of production, that is, the level of production that will maximize profit or minimize losses?

  What type of investment would foreign residents undertake

1. How might freeing up dead capital have helped to increase Mongolia's rate of economic growth 2.What type of investment would foreign residents undertake if they were to purchase a small fraction of the shares of stocks owned by Mongolia's ..

  What are the potential gains and the potential losses

What is an optimum currency area. What are the potential gains and the potential losses when countries adopt a common currency In terms of a country reacting to economic shocks, what conditions would be desirable in labor markets.

  How to derive the equation for the is curve

Suppose the equation for the LM curve is Y=13500+100r. Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate, the interest rate that the Fed controls.

  Describe the mechanisms used by investors in the share

Describe the mechanisms used by investors in the share market to analyse and manage systematic and unsystematic risks.

  Population of each country is in the labour force

What are the similarities and differences between the three countries in terms of the percentage of the population that works in each type of industry?

  What are the arguments for using real per capita gni

Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..

  What is the inflation and unemployment rate

What is the unemployment rate Will a high unemployment rate cause deflation What is the current structure of the labor market How does the current structure affect the threat of cost push inflation or deflation

  Explain types of long run supply curves the real industries

Explain why governments sometimes impose a price ceiling in a competitive market and explain three types of long run supply curves using the real industries.

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