Percentage of the population engaged in ideas formation

Assignment Help Business Economics

Reference no: EM13885714

Consider the Romer model. If the percentage of the population engaged in ideas formation (l) (bar) decreases, what are the short and long term impacts of this shift on Y?

Reference no: EM13885714

Questions Cloud

What is the current price of green devil stock : What is the current price of Green Devil stock? If you prefer to receive $5 per share dividend (total $500 cash) one year from today, how can you receive the desired amount of cash flow? Explain your strategy.

Consumer has preferences between two goods : A consumer has preferences between two goods, hamburgers (measured by H) and milkshakes (measured by M). His preferences over the two goods are represented by the utility function U = √H + √M. For this utility function MUH = 1/(2√H) and MUM = 1/(2√M)..

Explain the nonconstructive behaviors of dan : How will you engage Marie and Peter even though Dan is not ready to participate? Explain the nonconstructive behaviors of Dan, Marie, and Peter that contribute to the family's dysfunction

What would be your positioning statement : Describe this innovative idea and which segmentation technique you would be using to segment the market? And why?

Percentage of the population engaged in ideas formation : Consider the Romer model. If the percentage of the population engaged in ideas formation (l) (bar) decreases, what are the short and long term impacts of this shift on Y?

Re-compute benefit-cost ratio and outcome with previous case : An inland river system is in need of rehabilitation to reduce the salinity level in water and remove blue green algae. The rehabilitation scheme involves a program of surface and ground water seepage interception and treatment to remove salt and nutr..

Specific details related to a bond issue is called the bond : specific details related to a bond issue is called the bond

Suppose the demand for housing is perfectly inelastic : Consider a monocentric city where the cost of commuting is $20 per mile per month. A household located 5 miles from the city center lives in a 1,000 square foot house that costs it $500 per month. Nonland costs per house are $100 per month and there ..

Affect the steady state level of capital and output : Discuss and illustrate graphically how a decrease in saving rate will affect the steady state level of capital and output. Also illustrate graphically the transition of capital and output from their old steady state level to new one.

User Account

All Pages