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1. Aggregate output is produced with , population of workers grows according to , capital stock evolves according to , and saving rate is s.
a. Derive the law of motion of capital per worker.
b. Draw the graph of the law of motion of capital per worker, and indicate the steady state.
A customer has provided information on the value of cars, the price of gasoline, the quantity of new cars sold in United States. Gross Domestic Product per capita is also observed.
Determine the effect of mandated health insurance profits be on the labor if the employees do not place any value on the benefits? What if they do place value on the profits?
Suppose you have some information on a sample of investment bankers, and are interested in impacts of height and of seniority on their success.
Discuss the difference between real GDP and nominal GDP and does GDP accurately reflect our country's productivity?
Fit a multiple regression model of y on x1 and x2. Fit two simple linear regressions: (I) y on x1; (II) y on x2. Compare the results of multiple regression analysis with each of simple linear regressions.
Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.
Suppose that the home currency start to appreciate against other currencies, this should the current account balance, other things equal
Compute the elasticity for each variable and briefly comment on what that data gives you in each case.
Scores of high school students on a national mathematics exam in Egypt were normally distributed with a mean of 86 and a standard deviation of 4.
A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50.
Answer the following questions using the above data. Compute autonomous aggregate demand and compute the short-run output.
What are externalities? What are positive and negative externalities? Give examples of Positive and negative externalities and give a brief introduction about your chosen merit good and explain the role of government in providing this merit good to..
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