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1. How would an increase in capital goods, holding the size of the labor force constant, help to make workers more productive and increase economic growth?
2. Explain how a technological advance can contribute to economic growth.
3. Why do institutions such as private property rights promote economic growth?
q1. why was the teamsters union so opposed to allowing mexican truckers to deliver their goods in the united states? as
question 1. in the x11 multiplicative decomposition method y t x c x s x epsilon an ma 3 smoother is applied to the
What is the probability that it will take a worker less than 4 minutes to complete the task? c. What is the probability that it will take a worker between 6 and 10 minutes to complete the task?
What is the result of an increase in the price of bread, a normal good? The demand curve shifts to the right. The demand curve shifts to the left. The quantity demanded increases. The quantity demanded decreases.
During the Great Depression, the Federal Reserve Board
decides not to play by the rules of the game. Then illustrate what could the final equilibrium position be.
suppose that an economy consumes all salary income and saves all capital income. Describe if the factors of production earn their marginal product.
A local department store offers 24-month financing for a certain $1,000 appliance at an “interest rate of 9% per year”. What is the effective annual interest rate a customer would actually pay for this financing? What is the nominal annual interest r..
find a transformation of the data to be able to use the same data to estimate a model that satisfies the Gauss-Markov assumptions. be clear and explicit about the process. clearly explain why the transformed model meets the Gauss-markov assumptio..
Discuss the elements the led to the successful northern commercialization of agriculture and the differences between the northern commercialization and southern commercialization of agriculture.
Illustrate what philosophical principle did Google's managers adopt when deciding that the benefits of operating in China outweighed the costs.
Illustrate what do you expect would happen to coffee consumption? In what direction would the CPI move, ceteris paribus? Would that change correctly reflect the impact on consumers' welfare? Explain briefly.
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