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By using growth accounting approach calculates the contribution of growth in technology, if the output is grown by 3.2%, Labor has grown by 1.4%, and Capital has grown by 1.9%, the value of α is 1/4 and value of 1- α is 3/4. Interpret the results.
Analyze the scope and sequence of budgeting in terms of sources of revenues, purpose of government expenditures, budget cycles, budget preparation, and debt administration.
List out also describe the firms in the industry. Discuss the product, production methods, scale of production, and sources for raw materials.
measure used to calculate the price level and measure used to calculate the cost of borrowing money.
Assume that the economy is in equilibrium at $5,700, and full employment is $4,800. If the MPC is 0.67, how big is the inflationary gap?
What sorts of businesses would be hit
In response to increases in fuel prices, why are airlines raising prices and cutting flights?
Give three reasons why firms produce in Germany rather than in a lower-wage country.
What changes took place during the Industrial Revolution that made sustained economic growth possible
Assume that the potato chip industry in the Northwest in 2007 was competitively structured and in long-run competitive equilibrium; firms were earning a normal rate of return, in 2008 two smart lawyers quietly bought up all the firms
Competitive market prices are determined through interplay of aggregate supply and demand, individual firms have no control over price. Market demand reflects an aggregation of the quantities that customers will buy at every price.
what is the objective of the firm vis-a-vis the owners of the company - consumer behavior and the utility maximization theory of indifference curves and budget
A. Suppose the MPC is 0.8 and the current tax rate is 25%. What is the government purchases multiplier?
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