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Consider countries El and C and say that {AB I At] = 2 and that country Bis 10 years ahead technologically of C and that technology grows at 1% a year. What dominates the productivity differences - technology or institutions?
The increased demand for corn to be used in ethanol is driven in large part by nearly $10 billion in government subsidies. who gains and who loses as a result of these subsidies?
Find the outcome for: a) Cournot model b) Cartel model c) Stackelberg model d) If the Cournot game is played repeatedly for infinite number of time, find the discount factor that will make cooperation sustainable.
You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: “According to an article in the New York Times, 57 percent of large law firms have a mandatory retirement age for partners in the firm.
Find the correlation coefficients for business generated and psychometric test score, business generated and experience, and business generate and qualifications - based on these findings, which one criteria would you recommend to use in selecting..
You learn on the business channel that inflation was about 0.5% last month. Assume this rate is maintained each month for a year.
Suppose Mayor Strange comes to you and asks you whether or not Montgomery should bid for 2024 Olympics. He says that a group of economic consultants has said it will be a major boon for Montgomery’s economy. What kind of things did they likely claim ..
Compute the certainty equivalent of his bet. Calculate the Arrow-Pratt measure of absolute and relative risk aversion.
Calculate the values of the M1 multiplier and of the total stock of M1.
Explain why negotiators prefer information over any other form of power in the negotiation process.
The president of a small industry has been complaining to the controller about raising labor also material costs.
Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..
Elucidate the correlation between this increases also labor participation rates by gender over the same period
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