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Question: The real value of the debt (in 1995 dollars) in 1995 was $3.6 trillion and in 1980 was $1.3 trillion. Assume that 50 percent of this buildup in the debt would have gone into investment, so that the capital stock would have been $1.15 trillion larger in 1995. Assume that the capital stock in 1995 was $15 trillion. By how much lower was GDP in 1995 as a result of the displaced investment, if an increase in the capital stock by 1 percent leads to a .2 percent increase in GDP?
Why is it desirable for ceiling prices to be accompanied by government rationing? And for price floors to be accompanied by programs that purchase surpluses, restrict output, or increase demand?
What are the shapes of the production functions from which we can derive the following average and marginal cost functions?
marginal propensity 0.63 - 0.76what is expenditure multiplier?wil increase from to and if multiplier increases
1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50
Suppose the production function of a firm is Q=100k^1/2 L^1/2. the corresponding long run cost curve was found to be TC=(Qw^1/2r^1/2)/50. Use this information to verify that Shephard's Lemma works when deriving the input demand functions.
Describe the history and evolution of health care economics and the timeline of health care funding, usingthe defined terms. Includetwo outside resources.
Assume that the yield curve is initially upward-sloping. Now suppose that the central bank announces a large monetary policy contraction. Given this information, we would expect which of the following to occur?
spielberg takes 100 out of his piggy bank and deposits it in his hollywood bank checking account. by how much does the
What is the equilibrium Price and Quantity in the market? Now suppose the government imposes a special tax on these computers. Describe what would happen in this market in terms of the supply and demand curve.
A firm has $2,200,000 in sales, a Lerner index of 0.61, and a marginal cost of $50, and competes against 900 other firms in its relevant market.
explain the first mover advantage and the six modes of entry into foreign markets. identify a foreign market that you
Run regressions for the linear and quadratic models. Report your results in the standard Predicted Y = b + mX format.
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