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The government uses policies like student loans and free trade to influence the economy’s growth rate. Write a thoughtful and articulate paper that includes the following:
Identify at least four policies from the textbook that the government has created to impact economic growth and productivity.
Evaluate whether each item has enhanced or diminished your quality of life, and make any appropriate recommendations that might improve the policies. Include graph and/or charts.
Consider the following price-determination theory, which was suggested in a recent experimental economics class: "rank all buyer values from high to low and find the median value. Then rank all seller costs from low to high and find the median cost.
Using the net benefit ratio method of Deaton, please tell us whether a 10% increase in output price will increase or decrease the economic welfare of each of the following three agricultural households, by how much, and why (be sure to show your w..
In a country with a labor force of 200 people, a different group of 10 people becomes unemployed each month but becomes employed once again a month later. No others outside these groups are unemployed. A. What is the country’s unemployment rate? B. W..
Suppose that we know that the domestic demand function for peanuts (holding domestic income and other demand shifting variables constant) is: If there is no international trade, what is the equilibrium price and quantity? Suppose that the world price..
The initial cost of constructing a permanent dam (i.e., a dam that is expected to last forever, perpetuity) is $425 million. The annual net benefits will depend on the amount of rainfall: $18 million in a “dry” year, $29 million in a “wet” year, and ..
q1. a clinic uses doctors also nurses to serve the maximum number of patients given a limited annual payroll. the
Developing countries can increase productivity growth more easily than industrial countries. Does this imply that they will eventually be able to achieve the same living standards as industrial countries? Why or why not?
How does a bankers acceptance differ from an ordinary check? Rank the following instruments from most liquid to least >1$bill, share of ibm stock, municipal bond issued in alaska, treasury bill.
What are the main obstacles that keep organizations from having a well thought-out security policy? How can they be overcome? What are good components of an organizational information security policy? What are some areas that you think should be ad..
The set-up cost per lot is estimated to be $40, and the manufacturing cost has been established at $5.20 per unit. Interest, insurance, taxes, space, and other holding costs are $3.10 per unit per year. Calculate the economic manufacturing quantit..
The U.S. Constitution bans states from restricting imports of goods and services from other states. Suppose this restriction did not exist and that states were allowed to limit imports of goods and services produced in other states. How do you think ..
In the short run, a firm cannot vary its capital, K=2, but it can vary its labor, L. It produces output q. Explain why the firm will or will not experience diminishing marginal returns to labor in the short run if its production function is q=10L+K. ..
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