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Use the classical theory of distribution to predict the impact on the real wage and the real rental price of capital of each of the following events.
A) A wave of immigration increases the labor force.
B) An earthquake destroys some of the capital stock.
C) A technological advancement improve the production function
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national saving increase? Show the relationship between China’s national savings, domestic invest..
Why is the U.S. GDP so much higher than that of Mexico? Would the same reasons apply when we compare the U.S. GDP to Canada's GDP?
Assume which the present first generation consists of 1 million people, half of whom are women. If the total fertility rate.
q.bond a is a premium bond with a 12 percent coupon. bond b is a 4 percent coupon bond currently trading at a discount.
Explain how much of X and Y will Lisa White demand. Check out your answer by using the consumer equilibrium conditions.
Suppose the dollar interest rate and the pound sterling interest rate are the same 5 percent per year. What is the relation between the currency equilibrium $/£ exchange rate and its expected future level?
Consider which stage of Maslow's Hierarchy of Needs you are most likely in that drives a lot of your purchase decisions. Are those purchases consistent with this stage? As noted in the topic, a person could be at different levels in Maslow's Hierarch..
george has been selling 5000 t-shirts per month for 8.50. when he increased the price to 9.50 he sold only 4000
Monopolistically competitive firms
Find out change in government costs under subsidy policy. Find out change in government income under tariff policy.
The market for autographs including letters o other documents signed by famous people is subject to frequent large price changes as are markets for most collectables.
A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a A. Mission statement. B. Corporate charter. C. Business plan. D. Corporate statement.
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