Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Assume the economy is in equilibrium in the labor and capital factor markets. Suppose that a technological advance raises total factor productivity. Explain, step-by-step, how the economy adjusts to arrive at a new long-run equilibrium. In your explanation make sure that you address any changes in marginal product, factor prices and factor income share.
2. Why is it important, for an open economy, that investment not be consistently higher than saving? If this occurs how does it relate to national consumption, balance of trade and saving?
3. In theory, differences in output across economies and over time might be the result of differences in either capital input, labor input, or productivity. The evidence points clearly to productivity as a more likely and powerful source of growth differences. Which aspects of the Solow growth model help to explain why the inputs of capital and labor contribute little to growth of output, relative to productivity?
Calculate the marginal physical product of labor at each quantity of labor
They are all highly populated areas with target markets suitable for your products. One factor is which there several formidable competitors in all of the areas
How could a company go about meeting those needs and thus motivate you to work better and harder.
Assume that the firms act independently as in the Cournot model i.e., each firm assumes that the other firm's output will not change.
Illustrate what Monetary strategy Tools should the Federal Reserve use to fight a recession. Describe them thoroughly.
Explain the concept of countertrade. When does counter trade make sense? How does counter trade help solve the nonconvertability problem?
Compute both Burton Cummings's explicit costs every month also his implicit costs every month. Compute the opportunity cost of the resources utilized by Burton Cummings each month.
flexibility in the sequence in which products are produced using these functions. Millwood's new layout is an example of the fixed-position layout.
If the variable is almost normally distributed does that mean you use common distribution.
The government has decided to reduce the pollution also from now on will require a pollution permit for each ton of pollution emitted.
Assume that Congress imposes a tariff on imported autos to protect the U.S. auto industry from foreign competition.
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd