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1. In the aftermath of 'The Great Recession', how would you describe the economic growth scenario for the U.S. economy? Explain your answer.
2. Is economic growth impacted by prevailing employment/unemployment levels in the economy? Explain.
3. Why is economic growth important for any country?
How does an increase in the saving rate affect the break even and actual investment curves in the Solow model? Use graphs also.
Many Canadian universities have traditionally offered an undergraduate degree in liberal arts (the product) to full time 18 to 22-year-old students (the market). How might such an institution use the four market-product expansion strategies shown in ..
Illustrate what price should you charge in order to maximize revenues from the sales of the Highlander. Please put this into Excel so I can see the formulas/calculations.
Suppose you need to remove 70 exotic fish from a lake into which they were unintentionally introduced. You have three possible removal methods, methods 1,2 and 3. How much of each method should you use to achieve the removal cost effectively. Why isn..
What 3 concepts are most important to remember about the concept of design? Why, in your view, are these most important things? Give examples with each of these to illustrate your points. What is the MPG illusion? How might using GPM instead of MPG i..
Suppose the demand for golf at a country club is Q = 80 - .5P and MC = $40. How many rounds of golf will a member buy and how much could the club charge as an annual membership fee? Draw a diagram.
______ signals that a downturn is coming, and is a condition to be expected at the peak of the business cycle.
Suppose you are given the following prices for two U.S. Treasury strips. Maturity date, Price, Yield to maturity: Nov 2014 41:25 6.83%,Nov 2015 38:27 6.87%. Assume for simplicity that the maturity dates are exactly 13 and 14 years from now (November)..
What will be the gross revenue if the government’s NCF is $560,000, contractor's NCF is 240,000 and the contractor's cost is 200,000?
Use a diagram to explain the following: In the case of perfect substitutes, if the ratio of input prices equals the MRTS, will a unique solution to the firm's cost-minimization problem exist? In the case of perfect substitutes, if the ratio of input ..
Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7 ,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function. Find and interpret the outpu..
Find the demand for L and R. Now assume that the price of right shoes increases. What will be the substitution eect from this price change? Explain.
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