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Question: How can increased human capital accumulation which results in a higher average number of years of education contribute to sustaining a high rate (i.e., percentage change) of economic growth over time? What specific positive externalities might be expected from workers with more education interacting with other workers with education or even with workers with little education? Can you see how two (or more) workers might be more productive together than they would be if they did not interact? Can you give some concrete examples of how and when such interaction have resulted in such positive externalities? (One example: Have you ever studied with someone else? Can both learn more by such sharing than by studying alone? Is this a positive externality, i.e., a spillover effect?)
What is the profit maximization rule for a two-plant monopolist? Which of the following is a correct representation of a profit-maximizing monopoly earning positive economic profits?
The firm's long-run total cost is given by and long-run marginal cost is given by LMC = 100 - 20Q + Q2. At what output level does the firm experience economies of scale?
First, find GDP numbers for the U.S. China, India, and Turkey - Find the level of consumption spending in the U.S. economy
What would happen to the equilibrium price and quantity of lattes if the cost to produce steamed milk, which is used to make lattes, increased, and scientists discovered that lattes cause heart attacks? Will both the equilibrium price and quantity wo..
Assume a firm's production function is given by Q = 12L - L^2 for L = 0 to 6, where L is labour input per day and Q is output per day. Derive and draw the firm's demand for labour curve if output sells for $10 in competitive market.
Suppose that the demand and supply curves for good A are given as (note the instructions above about rounding your answers) The equilibrium price in this market is
consider the following graph and answer questions a through e.nbsp if you perform calculations show me your work.a. if
Does the offer sound too good to be true? Why?
What does ?nancial intermediation mean? What are the different ?nancial intermediaries in your country. Which of their liabilities would you classify as components of the monetary aggregates? Discuss.
Determine the impact on the economy if the central bank in the U.S. used inflation targeting. Explain your rationale.
describe developing countries and how they differ from industrial market economies. how can international trade aid
Identify a capital improvement that could help Betty with her Alpaca business - How the capital improvement you identified could help the business.
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