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1. What role does depreciation play in the Solow growth model? How would a decrease in the rate of depreciation (?) change the steady state level of capital and output? Illustrate using a diagram of the Solow Equilibrium. How would the model’s conclusions change if all capital lasted forever and remained productive forever?
2. The Solow growth model takes the rate of technology growth as given, determined somewhere outside the model. Do you believe that technology “just happens” or is technological change a function of specific causes? What might cause the rate of technological change to increase or decrease? Are there government policies that can affect the rate of technology growth?
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
EXplain what is the short-run condition for the monopolist and what output changes would you recommend.
Which of the following is not an example of a "lag" that diminishes the potential impact of fiscal policy?
A firm sells a product in a purely competitive market. Illustrate what would the price of wheat be in the absence of trade.
What are some of the other key roles in the Planning Process.
gdp per capita ppp current international for sub-saharan africa and uganda between the years 1980 and 2010.1. for
What combination of T and M will you choose? Suppose that the price of day trip rises to $80. How will this change your decision making?
Assume that over the last twenty-five years a country's nominal GDP grew to three times its former size.
If you were boarded on an airplane that had already started taxing for takeoff when the plane suddenly stopped and turned around and the passengers were told to exit immediately because the airplane had gone out of business, and they were left str..
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
Consider a box with width W, length L, and height H. Suppose you have to construct a box with the following constraint: W+L+H equal or less than 30. Suppose W has to be 12. What is maximizing volume of box? What should L and H be?
The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is $5 a ride. Motorville taxicab drivers want to obtain government's permission.
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