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Question: 1. Suppose that the skills acquired in school depreciate over time, perhaps because technological change makes the things we learned in school obsolete. What happens to a worker's optimal amount of schooling if the rate of depreciation increases?
2. Suppose that workers differ in their ability, but have the same rate of discount. Is it possible for the more-able workers to choose less schooling? Why?
The following two graphs show the ratio of consumption/income and stock prices/income, and the four-quarter percentage changes in consumption.
Write an essay about the documentary Inequality for All. Essay must be 3-4 pages long. Pretty much have to write about a self opinion about the documentary.
How much production in your country is undertaken by foreign multinationals? Con- sider the reasons why those companies chose to locate investment and production in your country. Are they the same factors that have made companies that are based in..
Briefly explain why is a competitive market efficient? (6m)
1. Briefly describe your company and then benchmark the codes of conduct used by similar companies in the industry. Critique the codes of conduct of at least three (3) similar companies in order to write codes for your company.
The treasurer of a company in Mexico borrowed $10,000 in dollars at a 12 percent rate when the exchange rate was 9 pesos to the dollar.
What is the difference between absolute advantage and comparative advantage? Will a country always be an exporter of a good in the production of which it has an absolute advantage? Briefly explain.
What is the importance of measuring price fluctuations?
The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from around 300 BC contains the following problem:
problem 1. an individual has to choose between investment a and investment b. the individual estimates that the income
Does the inclusion of the "irrelevant" variable X3 affect the variances of βˆ1 and βˆ2 ?
Murphy Morsels just bought a new chocolate-chip making machine for $25,000. What is the monthly payment
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