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What two kinds of changes in the capital stock can improve labor productivity?
How can each type be illustrated with a per-worker production function?
What determines the slope of the per-worker production function?
How do “rules of the game” affect productivity and growth?
What types of “rules” should a government set to encourage growth?
work decisions are based upon a comparison of priviate cost and the private benefit. The excludedable benefit of addtional work is measurable as the change in what options - income less transfer payments lost, gross income, net tax payments, adjus..
Illustrate what effects could be taken, comprising monetary and-or fiscal policies
assume prices are flexible and that factors of production are fully employed in both economies. Assume there is perfect capital mobility for the small open economy.
Elucidate marginal utility explains a lot about human behaviour.
What would be the loan contract that a bank in a competitive banking industry would accept to loan Newvel worsens. Specifically there is a 50 percent chance of earning $200 million and a 50 percent chance of earnings only $40 million. Fixed costs ..
Illustrate what recommendations do you have for Speedy to offset the impact of their increasing costs. What recommendations do you have for Speedy to increase their total revenues.
Illustrate price as well as quantity will maximize revenue. Elucidate the total revenue and price elasticity at this point.
In the Macroeconomics book by Stephen Williamson (5th Edition) in the Appendix for Ch. 7-8 Problem 1 the problem asks: Suppose in Solow growth model that there is government spending financed by lump-sum taxes, with total government spending G=gY,..
Describe whether capital generated in the industrialized countries is finding its way to the less-developed.
Disscuss the contrasting views of the Keynesians and the monetarists with regard to an appropriate.
a. What were the main causes for the financial crisis that hit the world economy in 2007- 2008 b. What caused the European debt crisis Brieáy discuss the situations in Greece, Ireland, Spain and Portugal - what are the main problems in these econo..
The relevant cost functions are C(Qi) = 4Qi, and the inverse market demand curve for this unique product is given by P = 160 - 2Q. Currently, you and your rival simultaneously (but independently) make production decisions, and the price you fetch ..
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