Reference no: EM131400586
DISCUSSION
Liberal case discussion for economic growth (two pages and 4 responses)
in order to have more interesting discussions, students with last names starting with A to J will make the liberal normative case for economic growth policies and students with last names starting with L to Z will make the conservative normative case for economic growth policies.
Primarily focus on defending your approach to increasing economic growth, persuading others to adopt your program. We have to increase something--labor, capital (investment), natural resources (land+) or knowledge (Total factor productivity, entrepreneurial ability)-or some combination of those factors. Which is the best area to work on and which is the best approach to implement change? Will it be gains from trade, doubling pay for teachers so they will teach better, eliminating taxes on interest so people will save more, eliminating capital gains taxes to get more investment, have the government take some of your money to give it to "green" industries, increasing immigration, subsidizing the birth rate, recovering on the declining labor force participation rate by eliminating unemployment insurance, limiting consumption spending by having a large national sales tax, or by some other measures? [Remember, my comments on nominal issues are to spur discussion, nothing more.] How will we pay for these proposals? Who is hurt by them?
Post your own best solution, discuss implementation, and point out the flaws in alternative approaches.
What are the economic constraints firms
: What are the economic constraints firms of different sizes encounter?
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Define project governance context of the pmo
: Define project governance context of the PMO. Describe the business and stakeholder rationale for PMO governance. Based on a scenario of implementing a PMO in a medium-size organization:
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Marginal cost essential for profit maximization
: 1. Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain why price can be substituted for marginal revenue in the MR = MC rule when an industry is purely competitive.
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Find a bound on the probability of a
: In the scenario above, now assume that the variance of the class size is 64. Use the Chebyshev inequality to find a bound on the probability that a class selected at random will have between 17 and 45 people.
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How will we pay for given proposals and who is hurt by them
: Primarily focus on defending your approach to increasing economic growth, persuading others to adopt your program. How will we pay for these proposals? Who is hurt by them?
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Find the profit maximizing amount
: A price taking firm has a production function given byf(K, L) = K.25L.25. The price of output is normalized to 1, and theprices of L and K are w and r. Find the profit maximizing amountof K and L and verify that the second-order conditions or suff..
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What is the probability that the entire piece of fabric
: What is the probability that the entire piece of fabric has area 1 square yard or larger?
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Assessing prices for the cpi
: Name three items you have purchased during the past year that have increased in quality during the year. What kind of adjustment would you make in assessing their prices for the CPI?
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Problem regarding the real income rose
: Suppose you compare your income this year and last year and find that your nominal income fell but your real income rose. How could this have happened?
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