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A project consists of 20 activities whose duration time estimates in days are given below activity duration activity duration 1-2 15 5-10 22 1-3 13 6-9 33 1-4 14 6-11 25 2-5 9 7-10 10 2-7 8 8-9 5 3-5 7 8-12 17 3-6 8 9-10 17 3-8 34 9-11 13 4-6 9 10-12 19 4-7 21 11-12 18
a) DRAW A NETWORK FOR THIS PROJECT
b) DETERMINE THE CRITICAL PATH
According to the Solow growth model, how would a permanent increase in energy prices affect capital per worker and consumption per worker in the long run (that is in the steady state) Explain using a graph. b. In an endogenous growth model
Describe the idea of trade offs cost also benefit analysis when answering the above question.
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development. Illustrate what condition would encourage research and development in..
It has been estimated that an additional doctor could increase the daily output of the clinic by 25 patients, while an additional nurse would increase the number of patients served in a day by only 10. What is the marginal rate of substitution bet..
The Fed sells $100,000 in Treasury Bonds to Chase Bank in the secondary market. a) What happens to the monetary base as a result b) If the reserve requirement is 20%, c=0.5 and e=0.001, what happens to the money supply as a result
Show in an IS-LM and AS-AD graph the effects of an increase in government spending. Next, using the same graph, show how the economy will transition back to the natural rate of unemployment. Explain intuitively how this transition takes place.
Briefly explain which of the following policies are likely to increase the rate of economic growth of a nation and government increases public spending to finance a conflict with a neighboring nation
Use the following information to answer following questions, Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase?
Explain what was happening to the economy in terms of the AS/AD model, including what would need to happen to bring us out of the "recessionary gap". In other words, using the AS/AD model as a starting point, explain the economic situation of 2008.
Explain the cultural, political, and economic reasons behind these policies also explain the methods governments use to promote and restrict international trade
If the total expense schedule for a perfectly competitive firm is and if market price is $60, how many units of putput will the company produce?
Elucidate the price should you charge for a midsized automobile if you expect to maintain your record sales.
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