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Which government policy would be more effective at increasing output per capita (if such a policy was available):
a policy which doubles the savings rate.
a policy which doubles the productivity of capital.
a policy which doubles population growth.
all three policies would have equal effectiveness.
Why do national income accountants compare market value of total outputs in various years rather than actual physical volumes of production.
q.social regulation is undertaken with the intention of improving the quality of life. the agencies most people are
How could a terrorist impact the United States' economy - not the attack itself, but its eventual consequences - Is the energy infrastructure the most viable target for the international terrorist?
The LoJack car recovery system allows the police to track stolen cars. As a result, they not only recover 90 percent of LoJack-equipped cars that are stolen but also arrest many auto thieves and shut down many "Chop shops" that take apart stolen vehi..
Heidi spends all her income on going to movies, regardless of her income level or the price of movie passes. What is her income elasticity of demand for movie passes? What is her price elasticity of demand for movie passes?
If you deposit $600 in a savings account that earns a nominal annual interest rate of 8%, how many years will it take to have at least $2,000? The effective interest rate on a mortgage with monthly payments is 4.6%. What is the monthly interest rate ..
The production function is Y = A ´ Ka ´ L1-a. If a = 0.3, and over the past year total factor productivity (TFP) grew 2.3 percent, capital grew 2 percent, and labor grew 3 percent, what was the growth rate of output?
Who gains and who loses from the trade barriers that create the price differences? What arguments are used to support trade restrictions in these commodities? What might be the short-term and long-term effects of removing such trade restrictions?
Assuming that the current production rates are maintained at the three assembly plants, which alternative should management select?
P1=150-10q1 and P2=250-10q2. Marginal cost is constant at 10. If a monopolist can price discriminate what is the profit maximizing price for the combined markets?
Assume that a consumer has the utility function U(x,y) = (3x+1)y, where x and y represent the quantities of two goods, X and Y. For parts (a)-(h), assume that good X costs pX=$3 per unit and good Y costs pY=$4 per unit. “Wealth” and “income” have the..
Find the mean and standard deviation of team payroll for the 14 American League and the 16 national League teams.
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