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Introduction to Macroeconomics, Productivity and Growth
I would really appreciate any help that I can get with these to questions.
Question 1
Why do economists pay more attention to national economies than state or regional economies?
Question 2
What factors might contribute to a low level of productivity in an economy? Compare these to the rapid productivity growth experienced by the United States during the 1990s.
What is the total amount of US government debt as of the time you look it up?
Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?
Lawn mowing services are supplied by a host of individuals in the suburb of Westbrook-Algebraically determine the equilibrium industry price/output combination.
For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.
Utilizing the supply and demand model, explain what would happen to the supply curve during a drought. Also explain the affect on the price of water.
Find the following: First solve this problem using an Excel spreadsheet approach and then do the problem using the optimization procedure; compare the answers for the two methods.
Dilomatic tensions over the war with Iraq also patriotic fervor led the state legislature in South Carolina to initiate a resolution boycotting French products.
The Heckscher-Ohlin model assumes that tastes are the same in Home and Foreign. Suppose now that tastes are different in Home and Foreign.
Compute the annual lease payments. Remember, the payments are to be considered at the beginning of each year - annuity due.
Fill in the table indicating whether the new Each row and column heading describes a shock to a market initially in equilibrium. Fill in the table indicating whether the new equilibrium price and quantity will increase, decrease, or not change.
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
Utilizing an AD-AS diagram suppose that the economy is initially at potential output
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