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Some long term projections show US GDP growth of 2.5% per annum, which is below the historical trend of 3.25%. Based on the long run growth equation what three policy initiatives would you recommend that the US government undertake that would have better chances of improving the long-term growth perspectives? Show how each of the policy initiatives is directly connected to one of the growth factors?
If you consider about the welfare of people via carbon emission, solution you think is to impose carbon. Would it be imposed on only private sector or both private and public sectors (since bus, train and plane are services of public sector, it also ..
Once upon a time there was a sacred temple hidden in the deep mountains, in which believers gathered to exercise meditation to become saints. The believers sat in a circle facing each other while meditating during the day, and retired to their separa..
The first cash flow of a 25-year series of quarterly cash flows is equal to $35,000. Each cash flow in the series increases by $800. Find the amount of each cash flow in an equal quarterly cash flow series that is equivalent to the increasing cash fl..
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. How much labor does he employ if the price of each pizza is p = $12 and the hourly wage is w0 = $6? [Hint: In this case, i..
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $60,000 and her store made $130,000 in profits (not counting payment to her top manager). She suspected t..
The equation for the original demand curve is Q=50-6.25P. Find the new demand equation when demand increases by 20% (Round to one decimal place). Q=___ - ___P. Find the new equilibrium price and quantity after demand increases 20%. P= ___ Q=___
Identify the constituencies these IBM task forces represent.
Many of the proponents of price ceilings argue that government-mandated maximum prices, such as rent controls in New York City, simply reduce producers' profits and do not affect the quantity supplied of a good on the market. If the relevant supply a..
Our current corporate climate requires companies to extend credit to one another. Under what circumstances would you see this changing? How do credit managers manage the risks related to extending trade credit? Aside from late or non-payment, what ot..
Mary plans to attend college and to pay her own way. Mary's parents of course, want to help her out financially and are trying to decide how best to do it. They want to do whichever will please Mary the most. Using indifference curve analysis, help M..
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
Elucidate the Total Cost also the firm total profits. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.
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