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Consider the following version of the neoclassical (Solow) growth model. Suppose the relationship between output per worker, y, and capital per worker, k, at any point in time is represented by
y = Af(k);
where the function f() is increase in k and concave. Suppose also that there is no techno- logical change, population growth is n, the savings rate is s and the rate of depreciation of capital is d.
(a) Suppose there are two such economies (A and B), that are identical in all respects except that A has a higher savings rate than B: sA > sB . Explain using a diagram what this implies for the relative steadyñstate levels of capital and output per worker in each country.
Security risk assessment is an invaluable tool in an IT professional's quest to protect a company's information assets. IT projects that do not go through a security risk assessment process have a greater potential of exposing a company's informat..
Explain the use of the principle of opportunity cost and why costminimisation and profit maximisation are compatible concepts and include a table showing the total variable cost of your selected production or purchasing plan.
Use the Internet to list new Under Armour products. - Is Kevin Plank the type of manager who would be successful in other sport organizations? Explain.
Analysis of Financial Performance
Describe the Human resources strategies and the future workplace needs for powerhouse museum in sydney and how these strategies are aligned to the broader organizational skills?
Suppose that new entry decreased your demand elasticity from -2 to -3 (made demand more elastic). By how much should you adjust your price of $10?
Explain who benefits and is harmed under the free market solution. Explain who benefits and is harmed under the government subsidy solution? Using economic analysis and the guiding principles of sustainability, justify which solution is best.
The buyer relies upon the expertise of the seller to confirm which the particular product will meet the buyer's requirements.This is an example of illustrate what type of contract also Explain why?
In your opirion can you provide and explanation of whether OLS regression or binary logistic regression is more appropriate Also would you explain how you would use the selected analysis, and justify why this type of regression analysis is most ap..
What did Leaders Bank (Leaders) sell? Is it a commodity?
The first area of the assignment is to specify an appropriate international business strategy that can provide the basis for exploiting the new or existing overseas business market.
Discuss the alignment of Costco's mission and strategy. Evaluate whether or not the strategy supports the mission. Discuss the industry's business philosophy, values and code of ethics. Evaluate how these might give Costco a competitive advantage.
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