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Discuss the reasons which might contribute to the productivity slowdown. Explain it in detail.
a. Cut the national budget deficit (or raise the surplus) by 2% of GDP, increasing the ratio of investment to GDP by the same amount.
Please provide your quantitative or qualitative assessment on significances of economic cost, environmental and social benefits of this solar project to our uni
Equilibrium discrimination and crowding. Suppose there are two occupations, chefs and truck drivers. Draw hypothetical supply and demand graphs for men and women to both occupations assuming that some of each gender prefers each job. Now, assume that..
Why is general equilibrium analysis an important tool to understand, in particular, in the context of policy analysis? Use an example that illustrates the importance of general equilibrium analysis, over and above partial equilibrium analysis, as par..
Water rights, markets and rates are often tied to their intended use (e.g. commercial, agricultural, and residential) and out of use or out of basin water transfers are often prohibited. Why?
Then suppose Income increases to 1261 and Pinputs increases to 144. Elucidate how large is the change in the equilibrium price.
Suppose an economy’s production possibilities are represented by the function Y = A K L where Y represents total output (i.e GDP), K is capital, L is labor, and A is total factor productivity (TFP) (aka efficiency or productivity parameter). Calculat..
-What is the opportunity cost of your first year in graduate school? Explain.
Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7 ,where Q is total output or units produces; K, capital; L, labor and M, materials.; that is, this is a input factor production function. Take the log of the above fun..
1. What aspects of Persian worship does Herodotus find strange and different from that of the Greeks?
Long-run Macroeconomic Equilibrium and Stock Market Boom Let us assume the economy reaches its long-run macroeconomic equilibrium in 2020. When the economy is in the long run macroeconomic equilibrium, the stock market will also reach its boom. Which..
The demand curve for fire extinguisher slopes downward and supply curve for fire extinguishers slopes upward. The production of the 500 fire extinguisher entails the following, a private cost$10,an external cost of $0, a private value of $9, an exter..
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