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From one year to the next, a country's output rose from 4000 to 4500, its capital stock rose from 10,000 to 12,000, and its labor force declined from 2000 to 1750. Suppose aK = 0.3 and aN = 0.7. How much did productivity contribute to economic growth over the year?
Sensitivity to a minority group is as important as being aware of and using the language of that group effectively. Insensitivity towards any group can cost an organization money and opportunity. What do you think the PR department should do inside t..
Draw the Edgeworth box of this situation and draw the contract curve. What dowe know about the proportion of peanut butter to jam held by Adam in any equilibrium?
The demand for goods varies based on the change in the price of the goods. For example, if oatmeal costs less than cereal, consumers would buy more oatmeal for breakfast. However, the demand for inexpensive goods and services is not significantly aff..
q1. marital sorting and income inequality. how have marriage trends widened the gap between low-income and high-income
Discuss the sanctions on Russia over Ukraine by US and European countries and Russia's retaliations. Discuss the impacts on US, European countries, and Russian economies.
If the cost of rare earth (a resource for producing smartphones) increases, then supply for Samsung smartphones will _____, and quantity will _____.
What price are individuals with $5,000 in the bank willing to pay for the insurance. Will those with $5,000 in the bank voluntarily purchase insurance.
Elucidate how an individual buying a car would prefer a free GPS system to a free leather seat upgrade.
Suppose the employees of Starbucks in China are paid 8 yuan per hour and a cup of coffee is priced at 8 yuan. If Starbucks is maximising its profit, what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Starbu..
In the country of Republic of Texas indirect taxes are $4,664, corporate income taxes are $9,824, transfer payments from the government to households are $9,403, personal income taxes are $5,723, the interest paid on the debt of the government is $9,..
What is the primary source of revenue for the Federal government and what is the largest part of the spending at the Federal level?
Mary's indifference map and budget constraint for goods x and y are shown below. If Mary spends all her money on x and y which bundle will she choose to maximize her utility?
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