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(Economic Fluctuation)The National Bureau of Economic Research maintains a Web page devoted to business cycle expansions and contractions at https://www.nber.org/ cycles.html. Take a look at this page and see if you can determine how the business cycle has been changing in recent decades. Has the overall length of cycles been changing? Have recessions been getting longer or shorter?
there are two invididuals. the first individual a has the utility function ua x12 x22 xgt0 and endowment
A new gear grinding machine for composite materials has a first cost of P=$100,000 and can be used for a maximum of 3 years. Its salvage value is estimated by the relation S=P(0.85)n, where n is the number of years after purchase. The operating co..
What is the largest loan that the bank can make on the basis of the new deposit If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit
Suppose demand for vaccination against whooping cough is Q=200-2p and supply can be represented as p = 22 +Q/4. Suppose the external benefit to society of immunisation is B =Q/4 . The government considers subsidizing individuals to get immunized.
Suppose that the country of Bigu has a population of 127 million, of which 83 million are in working- age population. of those, 2.5 million are not in the labor force and 52 million are employed. Calculate the labor-force participation rate.
Sort the data set by GDP and perform a Goldfeld-Quandt test for heteroscedasticity, running regressions using the subsamples of 14 countries with the smallest and greatest GDP.
Firm PQR produces a product 'Alpha' under perfect competition market conditions. The cost function for the firm is: TC = 1500 + 200 Q + Q2 The market supply and demand equations for the product 'Alpha' in the perfect competition market are: QS = 40,0..
a firm has the oppurtunity to invest in a project having an initial outlay of $20,000. net cash inflows(before depreciation and taxes) are expected to be $5,000 per year for five years. the firm uses the straight-line depreciation method.
Suppose the demand curve for a monopolist is QD = 500 - P and the marginal revenue function is MR = 500 - 2Q. The monopolist has a constant marginal and average total cost of $50 per unit. a. Find the monopolist's profit-maximizing output and price..
Seth could consume $120 next year if he saved all his current earnings. He expects to earn nothing next year. The intertemporal budget constraint for Seth is given by the equation C2 = 120 - 1.2C1 where C1 = possible consumption in year 1 and C2 =..
Furthermore, the four-firm concentration ratio and Herfindahl Hirschman index are both quite small. Based on this information, which market structure best characterizes the industry in which Forey competes? Explain the features this market structu..
why do nations not just eliminate their trade barriers, and not bother with international trade negotiations?
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