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Changes in the capital stock
What two kinds of changes in the capital stock can improve labor productivity? What determines the slope of the per-worker production function?
Explain how might a high school student's experience with inflation differ from an employed urban adult.
How is interest rate described? Why is there a lower present value of goods to be delivered in future? What are their respective interest rates? Illustrate the adjustments which you think will ensue.
Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1.0.
What is national saving? What is private saving? What is public saving? How are these three variables related?
Explain should they stay in business for three months or should they close down right now.
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
In other situations it would be reasonable for a purely competitive wheat farmer to raise his price per bushel because he could reduce his variable costs by selling less at a higher price. True or false, and why?
Explain why is economic growth important also annual growth rate be of great significance over several decades.
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
Utilize supply and demand analysis, the impact on the equilibrium price and quantity of new Hybrid automobiles when the following occurs
Consider a product with a supply function Q 1 = β 0 + β 1 + u 1, a demand function Q d i =y 0 +u i d . Show that P i and u s d are correlated.
Explain they aim for a higher or lower target inflation rate. Will higher growth be achieved in the short run and the long run.
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