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Question 1:
a. Compute the employment rate and the level of productivity (GDP per employed worker) for each year shown in the table above.
b. For each five-year period, compute the percentage change in the labour force, the employment rate and the level of productivity.
c. For each five-year period, what fraction of the percentage change in GDP can be accounted for by the change in the employment rate?
d. Over the entire 50-year period, what fraction of the percentage change in GDP can be accounted for by the change in the employment rate?
e. Explain the differences that you detect between (c) and (d).
In order to accurately assess the capital structure of a company, it is necessary to convert its balance sheet figures to a market value basis. KJM Company's balance sheet as of today,
Assume the effects on salaries and employment of such agreements. Also, indicate some of the reasons why they may be difficult to enforce.
Steady state in a calibration of the US economy in 2000. In this problem, suppose that rate of growth of the work force is n = 0.017 and there is no exogenous technological progress.
Illustrate what conclusions can you draw about this period by comparing this cycle to the previous business cycles. You may want to check the links to the two most recent Announcement Dates for further information.
The marketplace structure of Starbucks is a monopolistic competition. In the coffee industry, many producers and consumers exist, the goods and services are mixed.
Sketch a graph of demand and supply curves that shows the effect of an increase in rainfall on the equilibrium price and quantity of corn. Do price and quantity increase or decrease?
Elucidate what would be the budget request for FY13 for this effort.
As an worker of the World Bank you have been asked to research the requires of two nations with a particular concern. I have selected Mexico and Argentina.
Explain how would you assess the overall financial health of your organization. What are good and bad signs, if any, in your outlook.
Consumption per capita as a function of ? and s. e. Golden Rule consumption if ? = 10%. (Hint: Find the s that maximizes consumption)
Ceteris Paribus means all other things being equal. In the Keynesian, Classical, and Solow model, determine the impact of an raise in production technology
Elucidate tools are used to accomplish conscious fiscal policy.
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