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Suppose that an economy is characterized by the fallowing production function: Y=4K1/3N2/3. Derive the steady state level of capital per worker.
suppose in a closed economy government spending is 60 business investments are 120 and consumers spending is given as c
Compare and contrast between internal and external growth strategy. Identify a range of factors which might estimate whether an internal or external strategy is pursue such a growth strategy.
develop a powerpoint presentation intended to introduce foreign dignitaries to actions of our federal reserve.address
Assume there are 3-firms with the same individual demand function. This function is Q = 1,000 - 40P. Assume each firm has a different cost function.
Calculate the price elasticity of demand for Nutella based on the price decrease from $5.85 to $1.75, which resulted in a 300% increase in the quantity
What are the fiscal policies that would be recommended to be put into effect if the Economy is experiencing a recession according to Keynes? What polices would Classical economists apply to an economy that is heading into recession?
Explain how software entropy is a major issue especially in low income countries where standards are not adhered to.
Compute the linear function equation if drink consumption is a linear function of the number of students.
Suppose labor productivity grows by 2% this year. Furthermore, labor and capital increase at the same rate. What was the rate technological progress?
Create a graph that shows Price on the Y-axis and Q demanded and Q Demanded and Q supplied on the X-axis.
Illustrate what are the 2 policy options used to influence the economy
What are the sources of capital for a for profit company? What are the sources of capital for a not for profit organization? What are the pros and cons of the various sources of capital?
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