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Suppose that the government makes a one-time investment in new public school buildings, which results in a one-time reduction in consumption. The new public school buildings increase the e?ciency with which human capital is accumulated. Use the endogenous growth model to determine the e?ects of this on the paths of aggregate consumption and aggregate output overtime. Is it clear that this investment in the new schools a good idea? Explain.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit?
describe briefly how consumers and incumbent firms are influenced by these externalities.
Elucidate a process under which the competing oligopolists can divide the cake so that the two consumers (who are also the producers) are protected from the downfalls of consumers in oligopolistic markets.
Illustrate what is the fed funds rate in the banking system. Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Calculate the percentage change in nominal GDP, real GDP also the GDP deflator in 2002 also 2003 from the preceding year.
Basically, speculators borrowed pesos also after that sold pesos for dollars in the open marketplace.
Indicate how Ford's management should use this information to make sound strategic decisions.
The Road Runner Club contributes money to Senator Sly's reelection campaign fund, and Senator Sly helps pass legislation to add more jogging paths across the state
Illustrate what role do fiscal and monetary policies have to lead to higher or lower budget deficits.
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
Illustrate how much will they have accumulated principal plus interest when they reach 65 years old. What is the moral of this situation.
Illustrate want the government to impose a price ceiling on pump gas.
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