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Q. 1. Elucidate how changes in
i. population growth rate
ii. Savings rate,
iii. Technology growth rate change the stationary state in a Solow growth model.
2. Elucidate how the economy behaves out of the stationary state in a Solow model.
3. Which of facts does the Solow model Clarify? Clarify how.
4. Elucidate how can you get endogenous growth in a model with human capital?
5. Elucidate how as well as why are externalities important in an endogenous growth model?
6. Elucidate what is the relationship between the marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the Robinson Crusoe model?
the set of efficient trades these individuals would rationally make. One of the points on the set of efficient trades you illustrated in your diagram will be a competitive equilibrium.
If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Determine the quantity demanded, the quantity supplied, and the magnitude
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
Carefully explain the concept of the reaction function in duopoly analysis.
What percentage of the total variation in the number of calls is explained by the regression model.
Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.
Why do celebrity icons receive such widespread attention and adulation
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
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