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!
1. Derive the fundamental equation of the Solow model
2. Country A as well as country B both have the production function
a. Does this production function have constant returns to scale? Clarify.
b. What is the per-worker production function, y = f(k)?
c. Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year. Assume further that country A saves 10 percent of output each year as well as country B saves 20 percent of output each year. Using your answer from part (b) as well as the steady-state condition that investment equals depreciation, finds the steady-state level of capital per worker for each country. Then find the steady-state levels of income per worker as well as consumption per worker.
If a tax were to be imposed on one of these items, for which item would the tax be the most efficient.
Describe the common allegation that when all firms in an industry are charging the same price, this indicates the absence of competition and the presence of someform of price-setting agreement
You have been asked to produce a forecast for your company's new product (bottled water). List and briefly describ four factors you would consider before giving the forecast.
Illustrate what matters is not the absolute abundance of factors, but their relative abundance. Poor countries have an abundance of labor relative to capital when compared to more developed countries.
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud also excess
Suppose the current price of gasoline at the pump is $1 per gallon and that 1 million gallons are sold per month. A politician proposes to add a 10¢ tax to the price of a gallon of gasoline.
Illustrate what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Use the orange points square symbol on the graph below to plot the short-run industry supply curve for the wheat industry.
Illustrate what are the types of business organization/ company forms, and their pros and cons (advantages and disadvantages) from an economist point of view.
If Mutual Fund A held equal amounts of 100 stocks, each of which had a beta of 1.0, and Mutual Fund B held equal amounts of 10 stocks with betas of 1.0, then the two mutual funds would both have betas of 1.0.
The government decreases current taxes, while holding government spending in the present and the future constant.
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
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