Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Imagine an economy with a standard cobb douglas production function, population growth of 2%,1% total productivity growth, a savings ratio of 10% and a profit share of 20%. Assume that machines depreciate by 5% per annum. what are the steady state solution for:
a) level of GDP per effective worker?
b) growth of GDP per actual worker?
c) level of consumption per effective worker?
d) wages growth?
e) the user cost of capital? f) the real interest rate?
g) explain whether this economy is following the Golden rule.
Part 2: sn economy is experiencing low interest ratees and an output boom. Describe how it may self correct (that is move of its own accord to the equilibrium point). is there a potential role for government and/or central bank intervention?
Fleet rental car company purchased 10 new cars for a total cost of $180,000. The cars generated income of $150,000 per year and incurred operating expenses of $60,000 per year. The company ises MACRS depreciation and its marginal tax rate is life ..
Cindy gains utility from consumption and leisure. The most leisure she can consume in a week is 168 hours.
Illustrate what happened to employment during the rest of 2008. What are some of the alternatives to a tax cut that might have been used.
Your company is considering a price reduction on a product which currently sells for the price of $5.00.The price elasticity for the product is roughly equal to -2.3 over the range being considered for the price change.
Elucidate several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem.
question 1 a. computetheemploymentrateandthelevelofproductivitygdpperemployedworkerforeachyearshowninthetableabove.b.
Someone claims that under efficiency wage models "if the wage rate increases in a market with heterogeneous workers then we will have a shift in the labor demand curve, and not a movement along the curve". Do you thin..
Suppose you are asked to address a professional meeting and explain microeconomics, macroeconomics and their differences.
Yesterday you were consuming 4 eggs and 2 strips of bacon. Today you are consuming 3 eggs and 3 strips of bacon. If you have the same taste what might have caused this change Are you better or worse off
1. the demand and supply curves for health care services are given by the following functionsd20000-2p where d is the
Your organization has invested $6 million in a new Trilithium crystal technology project. The company will generate huge profits if the project is successful.
question if the full-employment level of y is 250 what fiscal policy might the government follow? d. suppose y 200 c
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd