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‘‘Profit is the incentive to innovate. Government intervention can only reduce it, and therefore stifle the innovation process.'' Discuss the expected relation between taxation and growth in the light of this statement.
compute the r and y in which the two markets are clearing.
Stocks as at December 31, 2011 were as follows: Direct raw materials, $4,500,000; Work-in-progress, $4,000,000; Finished goods, $4,500,000; Indirect raw materials, $2,000,000
Do you believe that prices and wages in your model are covariance stationary? Why or why not, and how could you adjust your model accordingly
Customers to Live Theaters, Inc. can be divided into two groups: seniors and everyone else. The inverse demand curves for each of the two groups are given below. The marginal cost (which equals the average variable cost) of serving
Is this rate a single number that is used in all situations?
what would be the vehicle operating cost of your company for each semi-truck in cent per mile?
Year Units of Output Price Per Unit 1 3 3 2 4 4 3 6 5 4 7 7 5 8 8 1. Refer to the above data. If year 3 is chosen as the base year, what is the price index for year 2. Refer to the above data. What is the nominal GDP for year 4
What is the expected value and variance of R b. You are considering investing $150 in this asset. After 1 year, the value will be $150(1+R). What is the expected value and standard deviation of the value of your asset in 1 year
Assuming there are only 30 stocks in the world, and the annual rates of return (Xi) are following: Xi Xi+100 Xi*100 Frequency(Number of stocks) a) What are the mean and median rates of return b) What are the variance and standard deviation of the rat..
When the price of a deluxe car wash rises from $10.00 to $11.00, the number of daily customers falls from 60 to 48
If the velocity of circulation is growing at one percent a year, the real interest rate is two percent a year, the nominal interest rate is seven percent a year, and the growth rate of real GDP is three percent a year
Will you change your preferred mode of transportation if your wage rate rises to $20 per hour. Assume you work five days a week and time spent riding on a bus or driving a car does not directly enter your utility.
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