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Capital per person in Brazil is about 25 percent of the U.S. level and per capita income is about 22 percent of the U.S. level. Given that per capita income , calculate the level of total factor productivity (A), relative to the U.S. level, that would be needed for Brazil to match the U.S. level of per capita income.
Dean has a substantial amount of money saved up. Would Dean benefit from high inflation or low inflation? Explain your answer.
What are the legal basis impact of automotive machines equipment in relations to students performance of senior high school students
In addition to other factors, the increased use of technology and the reduced costs of information transfer from local office to corporate headquarters has: The lateral decision-right assignment is carried out on the basis of:
Suppose the market for pizza is perfectly competitive. Furthermore, suppose the total cost curve for a typical pizzeria is TC = 2 + 12q2 where q represents the quantity of pizzas sold by a single pizzeria each day. How many firms will operate in this..
In 1981 Andrew Carnegie asserted that "parents who leave their children enormous wealth generally deaden their children's talents and energies and tempt them to lead less productive lives." Evaluate this statement using the labor-leisure model and e..
Mary consumes two goods, Diet Coke (X) and Cheeseburgers (Y). Mary’s Utility function is represented by U(X,Y) = 3XY2 . Her marginal utility function for X is MUx = 3Y2 . Her marginal utility function for MUy = 6XY.Write an expression for Mary’s budg..
Identify which strategies survive iterated elimination of dominated strategies. Identify the pure strategy Nash equilibrium for the game. Construct mixed-strategy Nash equilibrium for the game.
Are the challenges basically the same or different? In what ways are they the same, or how are they different?
List the 4 components of the GDP. List and briefly explain one economic factor that influences the volume of expenditure in each of these categories
Economics essay-a brief paper about three pages in length also concisely analyze a contemporary problem illustrating in the marketplace.
If we want to look at changes in the cost of living, why don't we track differences in each households actual expenditures from one year to the next, rather than a market basket? Offer several reasons why this method would fail to capture changes in ..
What are the major challenges that parents face from an evolutionary perspective?
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