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Comprehensive Learning Assessment
• Video: Prosperity Without Growth• Article: Limits to Economic Growth• Article: Life after Economic Growth
In this case study, you investigate the limits of Economic growth. You should reference the two articles provided on this subject above, the material in your textbook related to this topic and two more articles of your choosing. The results of this assignment should be reported in a4-6-page, APA formatted paper. Please address the following questions in your paper:
• Can economic growth last forever?• What are the main limits to economic growth?• Does prosperity require economic growth?
Harry's Hat Company makes hats using the technology described in the following data: a. Fill in the Marginal Product columns of these tables. b. At what point does diminishing marginal product set in with three machines? With four? c. Why is the poin..
A decrease in government spending will cause a(n) increase in the quantity of real domestic output demanded. decrease in the quantity of real domestic output demanded. decrease in aggregate demand. increase in aggregate demand.
In the coordination failure model, suppose that consumers’ preferences shift so that they want to consume less leisure and more consumption goods. Determine the effect on aggregate variables in the good equilibrium and the bad equilibrium, and explai..
What ratio of capital to labour minimizes total costs? How much labour and capital will need to be employed to produce 2,000 reams a week?
Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental economic question are they addressing by making this range of products a. How to produce goods..
What is monopolistic competition and why/where is it different from perfect competition Explore how firms in monopolistic competition differentiate their products or services to generate a market niche and gain more control over their pricing.
Choices for cuts and spending, paying close attention to what you read in the Bowles and Montgomery articles. Finally, analyze the effect your choices will have on the economy.
You should provide a clear explanation of why and how the emerging digital technologies have facilitated Social Networking as we know it today
Compare the standard of living in the United States with (for example) the Scandinavian countries. How can we reconcile this possible difference?
Where do demand and MR intersect the quantity axis? Calculate the equilibrium price and quantity.
Calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column.
Write a brief note summarizing the evidence in your graphs for and against deficits causing high real interest rates
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