User Account

All Pages

Production function in range

Assignment Help Macroeconomics
Reference no: EM131079517

In a small European country, it is estimated that a $10,000 increase in capital per hour worked will increase real GDP per hour worked by $300. Based on this information, what is the slope of the per-worker production function in this range?

Reference no: EM131079517

Questions Cloud

Elements of capitalist in the us economy : The United States is best described as having a "mixed economy". What are some elements of capitalist in the US economy? command elements in our economy? and some elements of tradition?
What is the current market price of these bonds : Jackson Corporation's bonds have 5 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 11%. The bonds have a yield to maturity of 8%. What is the current market price of these bon..
The internal rate of return : The internal rate of return
Debt versus equity financing : You are considering a stock investment in one of two firms (AllDebt, Inc., and AllEquity, Inc.), both of which operate in the same industry and have identical operating income of $7.00 million. Calculate the income available to pay the asset funders ..
Production function in range : In a small European country, it is estimated that a $10,000 increase in capital per hour worked will increase real GDP per hour worked by $300. Based on this information, what is the slope of the per-worker production function in this range?
Discussing about data preprocessing steps : NIT6160 Assignment Project: Data Mining using R. Your report should contain the following: Theoretical Discussion: Limited to two pages discussing about data preprocessing steps, the motivation for selecting a particular method, and how the paramet..
Changing the level of capital : In a small European country, it is estimated that changing the level of capital from $8 million to $10 million will increase real GDP from $2 million to $3 million.
Evaluate three capital projects : Your company just informed you that they have a cost of capital of 14 percent and request that you evaluate three capital projects. The internal rates of return are as follows: Project Internal Rate of Return 1 12% 2 15% 3 13% Your recommendation is ..
Express f(t) as a fourier series expansion : Express f(t) as a Fourier series expansion.

Reviews

Write a Review

Macroeconomics Questions & Answers

  How would you expect a fall in a countrys population

How would you expect a fall in a country's population to alter its aggregate money demand function? Would it matter if the fall in population were due to a fall in the number of households or to a fall in the size of the average household?

  Economic policies which could have on the sales

Express the effects of government economic policies which could have on the sales of the Escalade

  Computation of arc elasticity of demand

Suppose that this price cut was completely responsible for its raise in revenues from 460 million yen in 1966 to 640 million yen in 1967. Compute the indicated arc elasticity of demand.

  How the size of the multiplier effect

How the size of the multiplier effect could be determined by factors both in the goods and the financial market and provide a short overview of the Slovenianausterity programme, and the justification

  Give differences between microeconomics and macroeconomics

As an economist, you have been asked to address a meeting of a group of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples.

  What are the main forms of trade sales promotion

What are the key differences between relationship selling and traditional methods of selling? Which types of products or services do you think would be conducive to relationship selling.What are the main forms of trade sales promotion.

  Explain how can this be sustained if people switch over

Explain how can this be sustained if people switch over to high priced goods which causes employees and companies in the lower priced goods market to go out of business.

  Mint parity value and the value

1. When on the gold standard, to maintain its mint parity value and the value of its currency a nation must condition its money stock on the level of gold reserves it has.

  Big interest rates in mexico

Big interest rates are commonly expected to strengthen a nation's currency because they can encourage foreign investment in securities in that nation,

  What is the combined total demand schedule

What is the combined (total) demand schedule for Belgian cocoa beans that European and USA consumers buy?

  What is the official unemployment rate

What is the official unemployment rate - Compute real GDP. indicate in each calculation whether you are inflating or deflating the nominal GDP data.

  The government increases spending dramatically

Suppose in an economy, the government increases spending dramatically.  On a graph showing inflation(scale: 0-12%) at 8% and real GDP growth rate at 8%(0-12%), what would be the short-run impact of government spending on the economy?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd