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Task 1:
The economy is in a steady-state, there is no technological progress. The marginal product of capital is 1. The population growth rate is 5%, the depreciation rate is 10%. Is the economy in a stable state that complies with the Golden Rule? Illustrate the situation.
Task 2:
It is known that 40% of the income is derived from the use of capital, and 60% from labour. The growth rate of capital is 6%, the growth rate of labour is negative and equal to -2%. No technological progress. How will the release change?
Determine on a diagram the region of permissible choices x1 if the choices x0 and x1 are consistent with maximization of preferences that are non-satiated.
ECOM4000 Economics Individual Assignment. What are the key components of Aggregate Demand in an economy? Which of these components did the RBA Governor provide commentary on and what was the RBA's assessment of their impact on the Aggregate Demand
Your company’s executive vice president circulates a memo to the firm’s top management in which he argues for a reduction in the price of the firm’s product. He says a price cut will increase the firm’s sales and profits.
Fill in the remaining columns in the following table. Draw the average total cost curve and marginal cost curve for Santiago's store. Do these curves have the expected shape? Briefly explain.
What are the economic benefits of the flu shot? In what ways has the government become involved in the distribution of flu shots? For what reasons?
With that as a background, discuss compensation and benefit issues associated with the following workers: part time, temporary, independent, and flexible/telecommuting.
Comparing with one-factor authentication, two factor authentication provides more protection to the user identity in online services. please compare the three different types of current;y available techniques for second factor regarding password crac..
Annie, Kathleen, and Elizabeth are the only sellers of mincemeat tarts in an isolated village. The table shows the quantity of mincemeat tarts that they supply.
'What happened to the economy in early 60's that brought about divergence of nominal GDP and consumption?
Has the Fed saved us from another Great Depression? Since the recession of 2007, the U. S. Federal Reserve has increased bank reserves and brought the federal funds rate (interest rate charged by banks on interbank loans) down to 0.25 %.
A policy may yield a Pareto superior outcome so long as the gains to those who benefit are greater than the losses to those who are worse off.
What is the level of output and price if a natural monopolist with the cost function TC = 0.3Q3- 8Q2+ 120Q and market demand function P = 100 - Q follows the average cost pricing? (From 2 possible solutions choose the larger one.) Compare this so..
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