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Q1. In this same country, 8%of the capital stock depreciates each year. Additionally, the ecnonmy consumes 60% of output.
A)When K=500 is the captial stock growing or shrinking?
B)When K=400 is the captial stock growing or shrinking?
C)Solve for steady-state level of captial and output
D)What savings rate would be necessary to achieve a steady-state output of 150?
Q2. If the inverse demand curve for apples is pd=210-2q and the inverse supply is ps=2+6q, where q is in 100,000s, what is the equilibrium price and quanity? suppose the price of pesticides increases so that the inverse supply curve becomes ps=4+6q, what is the new equilibrium price and quantity? what is the arc price elasticity of demand.
What other variables should be considered when determining what is reasonable in terms of maintenance expense
We also observe that the proportion of workers receiving disability benefits is much lower in the US than in the latter two nations. Are these findings consistent with the work-leisure model.
Elucidate how this can be possible, in spite of the fact that the exchange itself creates nothing new the goods being traded are still the same as they were before being traded.
The social security system levies a tax on workers and pays benefits to the elderly. Suppose that Congress increases both the tax and benefit.
Your bank has the total asset of $120 million, and the total liability of $90 million. The duration of assets is 2.5, and the duration of liabilities is 1.3 years. What happens to its net worth (NW)?
Elucidate how each of these implications have or have not been utilized in to company.
The congestion fee was raised to £8 in July 2005. Illustrate the new equilibrium point on your graph also assuming new charge is now optimally set.
Compare the additional revenue Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional revenue it makes as it moves
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
Just breaks even over the year as whole. a Wouldn't the restaurant do better by staying closed out of season. At what cost will it shut down, given that all its fixed costs are sunk.
Does federal revenue as a percent of GDP change with changes in tax rates? Explain with reference to the Laffer Curve concept.
The game ends when the stack runs out or one of the players takes two notes (whichever comes first). Both players keep illustrate what they have taken to that point.
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