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How do you calculate per capita income and capital per worker in the Solow Growth Model?
ie. The problem I am working on gives production function y= k^ .3 , s = .25, d = .1, n = .002. and country a has z=1.
Describe three problems of decentralization that occurred under the Articles of Confederation. For each problem you list, identify one solution that the Constitution provides to address the problem.
Illustrate what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2.
Explain why does the profit motive does not automatically avoid air pollution in the production of steel and other products.
Why is it being used to hold "illegal combatants" instead of a military prison in the United States
q1. assume that the total cost of producing pizzas for the typical firm in a home town is given by cq 2q 2q2. thus
Illustrate what is the shape of an indifference curve if there are economic bads on both axies.
If combination of rational expectation and perfectly competitive markets , a decrease in aggreage demand will lead to? A. A small decrease in real GDP B. No change in real GDP C.
Supply of Loanable Funds, e.g., your disposable and expected future income. Discuss and predict how your decisions and transactions in the loanable funds market should change.
Draw the budget line on the Edgeworth box through the endowment point. What is the equilibrium allocation?
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project.
Assume an endogenous growth model with labour augmenting technology.
Suppose we randomly poll 500 Americans and ask them whether they believe that the parents are involved. What is the distribution of the sample mean.
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