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!
Economic Question about "The Worldly Philosopher" by Robert Hielbronner vs Thomas Malthus vs Solow's growth model
Robert Hielbronner discusses, in the "The Worldly Philosopher," the classical views on growth developed by Thomas Malthus. How does Thomas Malthus economists' view of growth differ from Solow's growth model? Is the classical economist more or less optomistic than Solow? How do the economists differ in their modeling of growth and their policy recommendations to promote growth? How do they treat population growth and technology advancement (endogenous/exogenous)? Consider the context in which the different models were developed.
Present a one-factor Ricardian model of two countries, A and B, trading two goods, X and Y, and discuss the gains of trade generated in this model.
For each item in this list, please explain whether it would be considered a pure public, quasi-public or pure private good. (TIP: Think about whether the item has shared consumption and/or exclusivity to determine what type of good it is.)
Consider a closed economy. Use the supply and demand for loan able funds model to predict the effects of the following events on interest rates and investment.
What is the present value now (t =0) of the total revenue if the interest rate of 17% per year? specify answer to nearest cent.
The utility function U(X1,X2)=X1^a + 2X2^b. Corresponds to preferences for perfect substitutes. All ordinary (non-Giffen) goods are also normal goods. (Hint: Use the Slutsky equation to support your answer) If consumer consumes only two goods, both o..
"An increase in fixed costs might affect a firms decsion to produce or not but would not affect its profit-maximizing output"
Compute the average total cost, average variable cost, and marginal cost of producing 60 to 72 haircuts. Draw the graph of the three curves between 60 and 72 haircuts.
Two plants are emitting a uniformly mixed polllutant called gunk into the beautiful sky over Tourist Town. The city government decides it can tolerate total emission of no more than 100 kg of gunk per day.
Identify a good or service that you've purchased in the past week. What are some complementary goods or services to the good or service you've identified? (Note: this is not asking you to identify free goods or services that come with the purchase..
Economies of scale may arise from all but one of the following. Which one is it?
Megacola faces demand of Q=2,200-20P. Its marginal costs are constant at $5 per unit. a. Show that Megacola will not change its behavior if the government introduces a 20% tax on its profits. b. Does the existence of firms such as Megacola strengthen..
Assume that the market for Coca-cola in your area is perfectly competitive, with Demand P= 11-0.1Qd and supply P= 1+ 0.1Qs. Each firm that sells Coca-cola is indentical, with Total Cost TC= 1+0.5Q+2Q? Identify the consumer and producer surplus on the..
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