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State whether the following is a component of M1, M2, both, or neither. a. Savings deposits b. Available credit on a credit card. c. Checking account balance accessible by an ATM card. d. Cash in your pocket
Elucidate how the solow growth model differs from models of endogenous growth with respect to the sources of technological progress and returns to capital.
What is the minimum price at which the firm would be willing to supply a positive amount of output in the short run? Label this on your graph.
One tractor to be considered is an International Harvestor. It has an initial cost of $38,000 and an annual maintenance of 100 with a salvage value of $17,000. It's useful life in years is 25. What is the value/cost closest to the annual worth of the..
Summarize Kuznets's Inverted-U Hypothesis and discuss the conceptual merits and limitations of this hypothesis, especially in reference to African countries.
When the price of pears fell to $3, what part of the change in Sarah's demand was due to the income effect and what part was due to the substitution effect?
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's also Wal-Mart.
What is a recessionary gap? What are effects of this gap on the price level, real output, and unemployment? Explain
Smoking is banned from most public buildings in most states across the U.S. today. What type of market failure is the smoking ban intended to address. Illustrate what other options might be considered.
If a $25 per share stock has a P/E ratio of 20 and pays out 40 percent of its profits in dividends, How large is its dividend? What is the implied rate of return?
Graph the demand curve, and give some verbal interpretation. Compute the intercept and slope of the demand curve.
Illustrate what basic principles does production possibilities (or transformation) curve. Consider where an increase in production of one good requires an increase or decrease in production of or goods when K and L are held constant.
Using production theory as a basis, is the CEO correct in his assumption that lazy workers or ineffective supervisors are to blame for the decline in productivity? What other explanations might be possible?
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