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Question: Per capita GDP in the long run: Suppose an economy begins in steady state. By what proportion does per capita GDP change in the long run in response to each of the following changes?
(a) The investment rate doubles.
(b) The depreciation rate falls by 10%.
(c) The productivity level rises by 10%.
(d) An earthquake destroys 75% of the capital stock.
(e) A more generous immigration policy leads the population to double.
Calculate the sectoral gross outputs if the new final demand vector for year 2013 is given asFDt = f74664 998445 2031426 10809234 28679201
select six products orand services that you consume and write an analysis of the elasticity of demand for each of the
In 750 words, identify 5 key financial market innovations over the past 15 years that contributed to the global financial crisis of 2008.
Explain the predicted impact, other things equal, on the terms of trade of developing countries of relatively slow growth in demand for developing countries goods by developed countries combined with relatively rapid growth in demand by developing..
On the grid below, create a graph depicting the U.S. economy using the table above, and plot the AD and the AS
thoughts on Voice over Internet Protocol
Why are the factors that shift the demand for a product different from the factors that shift the demand for labor?
charging 17.99 a month for an unlimited number of movie rentals three at one time. netflix revolutionized the movie
Who are their key stakeholders and what are their expectations? Which diversification strategies applied at which stages of the NTOs' life cycles/evolution?
Provide comment on the relative merits of increasing excise taxes compared to imposing a minimum price on alcohol products for reducing alcohol consumption.
A local businessman points out that, as the price of VCR has fallen, sales have increased tremendously. The businessman cites this example as proof that the law of supply does not hold. Which of the following explanations best solves the paradox c..
The number of people arriving at a bicycle repair shop follows a Poisson distribution with an average of 4 arrivals per hour. A given customer who arrives at the shop orders a repair with 70% probability. Let X represent the number of people arri..
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