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AI: Future Economic Impact: At present there are a few notable industry leaders that have strong opinions on AI, its future, and its impact on humanity. Explain these opinions and critically critique them.
You are all PhD’s employed at the Lawrence Livermore National Laboratory, and your project is to speculate and develop a solution that has a positive impact on humanity, global economy, health, and the environment. We are in a post-industrial phase of our societal development, we do not want to experience a Toffler like Future Shock. The good news is that we are a resilient species and we have created an inventive society. Provide us with a framework that is realistic, one which will not make us subservient to our inventions but will allow us to survive and thrive.
Jimmy has studied the bond market for the last century, and has determined that the real interest rate is 3.5%. He has also studied the stock market, and determined that the prevailing real growth rate of stocks is 7%. If Jimmy invests the inheritanc..
What is the average time period for the introduction of a new drug into market? One act passed by the federal government aimed at reducing the monopoly power of patented drugs was. Which drug is likely to be the most profitable for its producer (in t..
Explain how much must government spending increase to eliminate the GDP gap.
Ratios are generally derived via division
Elucidate what happened to Ikonomia's net foreign assets during 2007. Did it acquire or lose foreign assets during the year.
Suppose the Fed conducts an open market purchase by buying $10 million in Treasury bonds from Acme Bank. Sketch out the balance sheet changes that will occur as Acme converts the bond sale proceeds to new loans.
Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work.
If the Treasury has just paid for a supercomputer and as a result its deposits with the Fed fall, illustrate what defensive open market operations will the manager of the open market desk undertake.
According to the principle of monetary neutrality: If the Fed increased the supply of money, and velocity remains unchanged, according to the quantity equation: Suppose the value of goods and services produced in an economy is $10 billion, but the to..
Suppose that an individual's demand for the number of physician visits per year, Q, can be represented by the following equation: Q=5-0.40P, where P, the market price of an office visit, equals the marginal cost of $100. Determine the efficient numbe..
A rather wealthy man decides to arrange for his descendants to be well educated. He wants each child to have $60,000 for his or her education. He plans to setup a perpetual trust fund so that six children will receive this assistance in each generati..
Illustrate what is the WTO. Briefly describe one trade topic identified by the WTO on the website. And, what did you learn from the Web site about the WTO.
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