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Define "modern economic growth" and describe the institutional structures needed for an economy to experience it.
Identify the general supply, demand, and efficiency forces that give rise to economic growth.
Explain "growth accounting" and the specific factors accounting for economic growth in the United States.
Describe why the trend rate of U.S. productivity growth has increased since the earlier 1973.
amy has a utility functionuxyz x2lnylnza what kind of preferences does amy have? explain. what does this mean for her
problemyou are required to perform a project appraisal of a proposed new road. the road will be a dual lane by-pass
Suppose that Marie’s marginal utility from consuming one more unit of bubble gum is 10 utils while her total utility from consuming one more unit of cake increases from 130 utils to 142 utils.
The theory of the Communists may be summed up in a single sentence: Abolition of private property,” This is from:
suppose two entities are considering collusion - to make things legal consider a situation similar to opec except
assume that employers and workers agree that real wages should rise by 2 next year1 if inflation is expected to be 2
Why were the members of OPEC trying to agree to cut production? Why do you suppose OPEC was unable to agree on cutting production? Why did the oil market go into 'turmoil' as a result?
Assume that the Federal Reserve sells government securities from its existing holdings to financial sector and non bank public. Trace by the expected consequences of this secondary market action on banking system
Write the equation for the total demand for emissions across both sectors. Does one sector have uniformly lower marginal abatement costs than the other? What is the total amount of emissions in the absence of regulation?
freds frisbees is trying to determine how many frisbee pressing machines to buy for its new factory. the real price of
Compute the natural rate of unemployment. Does it depend on the way people form their expectations of inflation? 2. Discuss the way people form expectations of inflation is modeled. 3. Compute the rate of inflation for years t, t+1, t+2 and t+3. 4. N..
Evaluate the impact of the proposal to cut prices and what is the optimal profit-maximizing markup suggested by economic theory?
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