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This is a powerpoint presentation that demonstrates the SOLOW GROWTH MODEL as outlined in Mankiw's intermediate macroeconomics text. The slides build the model up one step at a time. I explain the steady state level of capital and how savings affects output and economic growth. This provides a brief introduction to the solow framework.
Illustrate what are the three major categories of expenditures for the federal government. Explain whether or not we should be concerned with net interest outlays and national debt.
Explain how much will your industry's total revenues (revenues from both products) change if you increase the price of good X by 1 percent.
Suppose that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed the following levels of production corresponding to different numbers of workers:
Discuss the short-run movement toward equilibrium in the currency markets in a flexible exchange system.
This problem uses Okun's law to study how the unemployment and inflation rates change when there are demand shocks.
Compute the Conventional and the Modified BCR for this project. Should this investment be made.
Illustrate what is the present value of a contract that promises to make year end payments to you of $100 for the next 20 years if the interest rate is 5%.
Explain which would you say is the correct/legal stance that Reeves could take concerning this sticky situation.
Elucidate how an increase in your nominal income and a decrease in your real income might occur simultaneously.
The firm is considering a movement of the plant to Shenzen, China where labour is cheaper. The same mathematical relationship between inputs and outputs will hold.
Illustrate to what extent is Walmart's financial health affected by fiscal also monetary policy.
Assume we refused to sell goods to any country that reduced or halted its exports to us.
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