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Question 1.
Based on the economic growth model seen in class, clearly explain the link between implementing a renovation tax credit and increased economic growth?
Question 2.
If we consider the marginal returns to capital and the steady state, explain why we must differentiate the short term from the long term in terms of economic growth for Quebec or any developed country?
Question 3.
According to the model of economic growth seen in the course, how does the impact of innovation (technological knowledge) and education on economic growth differ from that of investments in physical capital?
Question 5.
Using the distinction between real and nominal variables, explain why is it a problem that the growth in education spending is lower than the level of inflation?
Question 6.
Indicate what type of capital education spending has an impact on.
What can you say about the rate of growth of the nominal GDP in the 2000s? Carefully explain how you obtained your answer from the information given.
The following diagram shows what happened to the relative wage and relative demand for skilled labor in the U.S. manufacturing sector during the 1990s.
Describe the total cash flows in real terms and the depreciation tax shield. What is it that has you concerned.
Explain why the person making this statement is ill informed about economic principles. What is the flaw in their reasoning?
Lisa is a lawyer and there are two tasks that she hates to do, even though her job requires it. Draw a graph with hours reading on the horizontal axis and hours writing on the vertical.
An increase in which of the following factors (from the perspective of the domestic country) would cause an appreciation of the domestic currency in the long run?
Analyze the major barriers for entry and exit into the airline industry. Explain how each barrier can foster either monopoly or oligopoly. What barriers, if any, do you feel give rise to monopoly that will allow the government to become involved t..
Suppose further that people want to hold 8 percent of their deposits in the form of cash. Then, if the Fed wants the money supply to be $6,228 billion, what is the necessary level of high-powered money?
For a client who has a full time job, what documents should be collected for applying for a variable rate home loan?
What would happens to Hi-Tech's profits and the price of books in the short run when Hi-Tech's patents prevents other firms from using the new technology.
Discuss with examples from pacific island countries the importance of project management for companies and what are the implications of poorly managing projects?
Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome thi..
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