Reference no: EM131527601
1) Explain how crowding out works, using the one-period model as an example.
2) If total factor productivity rises in the one-period model, explain what happens to the real wage in equilibrium, and why.
3) In the one period model, suppose, that there is a decrease in government spending, and that government spending is also productive. Explain what the effect is on employment, and explain why we get this effect.
4) Explain, mathematically, why a proportional tax on consumer's wage produces a competitive equilibrium that is not Pareto Optimum.
5) In the Solow growth model, what happens in the steady state if total factor productivity declines?
6) In the Solow growth model suppose that the economy is initially in a steady state. Then, some capital is destroyed by a major earthquake. What are the effects in the short run and in the steady state?
7) In the Solow growth model, suppose that the population growth rate declines. Explain what the steady state effects are, and why.
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Outline labor costs and service costs for suggested design
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Discuss the importance of standardization
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Journalize entries to record transactions of daffodi company
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Intemational environmental effects on business
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Explain how crowding out works
: 1) Explain how crowding out works, using the one-period model as an example.
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Journalize the march transactions for snyder company
: Mar. 1 Snyder Company sold merchandise on account to Brooks Co., $12,750, terms FOB destination, 2/15, n/eom. The cost of the merchandise sold was $6,000.
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Indicate the effects of the inventory misstatements
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Distributed systems perspective
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How would you respond to todd shovic request
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