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Q. 1. Elucidate how changes in
i. population growth rate
ii. Savings rate,
iii. Technology growth rate change the stationary state in a Solow growth model.
2. Elucidate how the economy behaves out of the stationary state in a Solow model.
3. Which of facts does the Solow model Clarify? Clarify how.
4. Elucidate how can you get endogenous growth in a model with human capital?
5. Elucidate how as well as why are externalities important in an endogenous growth model?
6. Elucidate what is the relationship between the marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the Robinson Crusoe model?
Explain how many spots of each kind should it purchase to meet se three goals and do so at minimum cost.
Defend your use of either monetary policy or fiscal policy to do this.
The rule for maximization set forth in the text contradicts some honored traditional principles such as 'never give up' . Anything worth doing is worth doing well, or waste not, want not' explain the contradiction for each of these rules.
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits
Distribution of costs and benefits of free trade. In other words, does everyone share in the gains and the costs equally? Competing with different labor restrictions (or lack of), such as slave or child labor. Differences in environmental standards.
Explain how did racism affect foreign affairs and discuss how the United States viewed some groups and the influence of the military abroad.
explaining the expected short-term impacts on firms in any one of the following three industries in terms of product sales; operating costs; revenues or economic profits.
What price should the leader charge to drive all the small firms out of the market? Write the marginal revenue function of the dominant firm.
If deposit insurance were abolished, elucidate how would these change incentive structure facing deposit theory institutions.
Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
Which of the two units would you recommend ? What initial cost of machine A would make the two machines identical in overall cost? P.S. I need work shown please to know how to complete problem
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