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Introduction to Macroeconomics, Productivity and Growth
I would really appreciate any help that I can get with these to questions.
Question 1
Why do economists pay more attention to national economies than state or regional economies?
Question 2
What factors might contribute to a low level of productivity in an economy? Compare these to the rapid productivity growth experienced by the United States during the 1990s.
Explain how will the quantity of aggregate output supplied respond to the fall in prices. What will happen when firms and workers renegotiate their wages.
Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.
What happens to his consumption of Y? Calculate the coefficient of price elasticity and of cross price elasticity. Also draw the demand curves for X and Y, noting the equilibrium points for this consumer before and after the price change in X.
Elucidate what you can do, if the best technology was used to produce the components of the system to achieve the .99 reliability.
Suppose that deterioration in the education level of the U.S. population reduces the marginal product of labor.
Would your answer change if you thought different German also Japanese policies may facilitate different US policies.
Approx the marketplace demand curve and figure the existing Price elasticity of demand
Assume the price of every old edition microeonomic book. Determine the values of B and T that maximize Sam's utility.
As the author listed as the 1st profit of creation of approx 1000 private sector jobs. Describe the logic of this statement.
Illustrate what is the present value of a contract that promises to make year end payments to you of $100 for the next 20 years if the interest rate is 5%.
Suppose each cake costs the same to make, what is the average cost to produce a cake. Compute Alyssa's labor productivity ration in dollars per hour for each type of cake.
Illustrtae what are the advantages and limitations of International Trade identified in the simulation.
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