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Question: Redo Problem I for N = 10. For N = 25.
Problem I: If the residents of Green Valley (of Problem 4.3) reduce their individual trash generation by 2% per year, how much does the cost in each year decrease?
Problem II: The cost of garbage pickup in Green Valley is $4.5M in year 1. Estimate the cost each year for the first 5 years. The population is increasing at 6%, and the tons per resident are increasing at a rate of 1%.
a. Given the above information, what is the value of output? b. What is the total cost of producing the output you calculated in (a)?
Identify and discuss distinct advantages to a monetary union - Provide a written summary of the effects of these changes on the equilibrium interest rate and the equilibrium quantity of bonds.
Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation's employment, inflation, real interest rate and real exchange rate over the long ..
If total factor productivity rises in the one-period model, explain what happens to the real wage in equilibrium, and why.
Weather devastation and hurricane effects
Suppose that the consumer must choose between buying socks and belts. Also, suppose that the consumer's income is $100.
What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? Explain why, if this rule does not hold.
Suppose the government decided to levy the current 15.3% social security tax on all levels of wages and salaries, not just the first $80,000.
If boyh bid the same amount, the $100 is split evenly between them. assume that eac of them has only two $1 bills on hand, leaving three possible bids: $0, $1,or$2 Write out the payoff matrix for this game and then find it's Nash equilibrum
Sally is planning opening her own new beauty salon. She anticipates the following expenses per year, Furniture: $20,000 Additionally, Sally is withdrawing $34,000
Compare the two countries with respect to the components of GDP and Have these percentages changed over the 10 years? If so find out why.
1. suppose the demand for pizza in a small isolated town is p 10 -q. there areonly two firms a and b and each has a
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