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Would the following events usually lead to capital deepening? Why or why not?
a. A weak economy in which businesses become reluctant to make long-term investments in physical capital.
b. A rise in international trade.
c. A trend in which many more adults participate in continuing education courses through their employers and at colleges and universities.
Economics is divided into microeconomics and macroeconomics. What is the difference between the two in terms of the variables used in each study?
How does price control, taxes, and elasticity impact changes in supply, demand and equilibrium prices?
Suppose that output increases to 209. Redo the calculations in (a) and (b). Explain (in terms of savings and investment) the reason for the interest rate change.
Explain how would this affect the elasticity of demand for gasoline
If a profit maximising perfectly competitive firm is making an economic loss, explain, with diagrams, the options available to the firm in the short run.
What implicit weight is placed on the inflation target under this rule? Discuss. Draw an IS-MP diagram but instead of the usual MP curve, graph the monetary policy rule.
We considerer a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm(Figure 15-1). Consider now that the entrant, if fought, has the possibility of withdrawing fromt he industry
Suppose that a small town uses a referendum to overcome free ridership problem & determine how its residents might value a new water filtration system for its public water supply.
What are the three methods in order to be equipped with the tools necessary for evaluating a market's equilibrium.
What is the nominal exchange rate between the two countries and consumers become permanently more concerned about the future and decide to consume a smaller portion of their income.
Four separate cases involving similar fact situations were consolidated as they presented the same constitutional question. In each case, police officers, detectives, or prosecuting attorney's took a defendant into custody and interrogated him in a p..
1. in april 2009 the u.s. unemployment rate was 8.9a. according to one version of okuns law the gdp gap is twice the
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