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Suppose that country A and country B currently have identical production possibility frontiers, but that country A devotes only 5 per cent of its resources to producing capital goods over each of the next 10 years, whereas country B devotes 30 per cent. Which country is likely to experience more rapid economic growth in the future? Illustrate using a production possibility frontier graph. Your graph should include production possibility frontiers for country A today and in 10 years, and for country B today and in 10 years.
find a transformation of the data to be able to use the same data to estimate a model that satisfies the Gauss-Markov assumptions. be clear and explicit about the process. clearly explain why the transformed model meets the Gauss-markov assumptio..
Okun's law expresses the relationship between: unemployment and inflation. frictional unemployment and structural unemployment, the money supply and the velocity of money. cyclical unemployment and the output gap.
Select an article from The Wall Street Journal or some other business or economic periodical that relates to the economic topic(s) covered in Workshop Two. Prepare a one to two page analysis of your article . Be sure to include the topic, the author’..
Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent): 2014 2015 Sales $ 8,035 $ 8,609 Depreciation 1,145 1,146 Cost of goods sold 2,716 3,080, Net fixed assets 34,655 35,517 Accounts payable 4,356 4,205 Inventory 9,6..
q1. walker inc. is trying to determine its price debt. firm has a debt issue outstanding with 15 years to maturity that
Marx argued that the process of accumulation leads to a rising organic composition of capital. Explain why this matters, both from a theoretical perspective and in terms of real-world implications. Please cite volume and page numbers from Capital.
Suppose you have three producers of oil A, B, and C, with extractions costs of $8, $10, and $12 per barrel of oil. Assume there are no user costs. Assume that each well can produce 100 barrels of oil per day. How much oil will be produced if the mark..
Suppose government purchases amount is $3.5 trillion, transfer payments amount is $0.5 trillion, net interest payments are $0.25 trillion and tax revenue is valued at $2 trillion. calculate the amount of the government deficit; calculate the primary ..
Nicole is applying for a health insurance policy. She has liver disease and other health problems. She honestly disclosed the true facts to the insurance agent. However, the agent did not include all the facts in the application. The contract was iss..
Riley deposits $4,000 cash in her checkable deposit at Fershur Bank. If the desired reserve ratio is 5%, Fershur Bank’s
Mr. Funperson will graduate with an engineering BS degree from USF before his 25th birthday, and start his first professional job immediately upon his graduation. Mr. Funperson decides to set up a retirement account and makes his first monthly deposi..
EPA issued 30 tons of permits to two different utilities. If the utilities had been truthful about what it cost them to mitigate a ton of pollution and EPA had been able to make the marginal benefits and marginal cost equal (balanced). what would the..
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