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a. Why might a pay-as-you-go social security system transfer resources from the young to the old?
b. What are the consequences of such a system on economic efficiency?
c. Are there other ways to structure a social security system that might alleviate some of the problems associated with this one? Explain.
Conclusion: Briefly restate the key points of your critical response to reinforce them in the reader's mind. End with a strong concluding line that nicely sums up your response or puts the issue in a larger context.
What general conclusion can be reached with respect to the utility and acceptance of the H-O model?
Caleb bought a car for $6,900. He agreed on a five- year loan at a 5.4% interest rate.
only consume ice cream and bananas in the form of bananasplits, which i make with 3 scoops of ice cream and one banana. The price of ice cream is $.50 a scoop. Bananas are $.25 each. I have $5 dollars to spend on ice cream sundaes this week.
A bond fund manager has a four year time horizon, and is considering two bonds. The first is a 15-year to maturity bond with a 6.60% coupon rate, paid annually. The price of this bond today is 100% of face value. The second bond is a 20-year to ma..
Now suppose technology grows at a rate of 2 percent. Recalculate your answers to ( a ) and ( b ).
calculating income elasticity of demand
Portman has 500,000 shares outstanding and Judy Davis, and investor, holds 40,000 shares. Suppose Portman is considering issuing 100,000 new shares at a price of $50 per share. If the new shares are sold to outside investors, how much will Judy's ..
The four-firm concentration ration for the 494 breweries operating in the US is 91 percent, your team has put together a report suggesting that the merger does not present antitrust concerns even though the two firms each enjoy a 15 percent share ..
It is estimated that US tobacco settlement betwwen major tobacco companies and 46 states caused the price of cigs to jump by 45 cents per pack (21 per cent) and overall per capita cig consumption to fall by 8.3 per cent. What is the elasticity of ..
Find and expression for capital per worker at the steady state e. Solve for the steady-state output per worker when d = 0.08 and the savings rate = 0.25 f. plot the steady state capital per worker as the savings rate goes from 0.05 to 0.50 in 0.05 in..
The following table shows nominal GDP and an appropriate price index for a group of selected years. Compute real GDP, and indicate in each calculation whether you are inflating or deflating the nominal GDP data.
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