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1. What are the three factors that influence economic growth?
2. What is human capital, and how is it different from the quantity of workers available for work? Name three ways to increase a nation's human capital. Is an increase in the size of the labor force also an increase in human capital? Explain your answer.
What is the numerical value of the multiplier?
Knappland is at Y = Yn , ue = uen , and P = Pe. President Ewe is concerned about the upcoming election. He pushes tax cuts through the legislature. a. Use the AS-AD to illustrate the effects of the income tax cut
identify which of these could represent a demand function and which a supply function.
an office has traditionally ordered ink refill 60 units at atime. it is estimated that the carry cost is 40 of the $30 unitcost the annual demand is 240 units and ordering cost is 40 perorder instead
Determine the output level, price, and profits that will occur in long-run equilibrium. Assume a high-price, low-output scenario assuming a parallel shift of the firm's demand curve. Be sure to explain what you are doing and why.
What is the per-unit amount of the externality?
What is the equilibrium of this game
Unique creations holds a monopoly position in the production and sale of magnometers. The cost function facing Unique is estimated to be TC=$100,000+20Q a) What is marginal cost for Unique b) If the price elasticity of demand for Unique is current..
As illustrated in Figure 8-20, what is structured storage and how are structured storage systems organized? How do structured storage systems compare to RDBMS systems?
Suppose that college education raises a person's wage by $30,000 per year, from $40,000 to $70,000. Assume that the interest rate is 3 per cent and there is no growth in wages. Suppose you are a high school senior and deciding whether or not to go..
In a small country, there is a single firm producing good X. The local demand curve is given by P=100-Q. The firm's marginal cost curve is MC=2Q. The world price of good X is Pw=30. a) In free trade, what will be the domestic production of good X.
Define the term weak entity and give an example other than one used in this text.Draw an IE Crow's Foot E-R diagram for your example.
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