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a. Find all equilibrium points for the system x' = x2 + y , y' = x.
b. Compute the Jacobian matrix at each equilibrium point. c. What is the type of these equilibrium points?
What is the actual level of output per worker - What is the steady - state level of output per worker?
How might debt/equity swaps help solve the international debt problem? Point out the benefits and drawbacks from the viewpoint of the debtor country. Why do you think the debt/equity swap market has remained small over the years?
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense?
Suppose you own the home remodeling company. You're currently earning short-run profits. The home remodeling industry is the increasing-cost industry. In long run, what do you expect will take place to
(a) an increase in the price of a gross substitute for labor, (b) a decrease in the price of a pure complement in production with labor, (c) a decrease in the demand for the product that the labor helps produce.
Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage
Discuss the effects on a country's current-account balance from the following changes in tax rates. a. A permanent increase in the tax rate on labor income and b. A temporary increase in the tax rate on asset income
the us navy is building an aircraft carrier. price 12 billion. there are about 300 million people in the us. suppose
Provide an example of the price discrimination for good or service which you thought it to unfair. Do you still believe that the discrimination is unjustifiable.
Engineering economics problem :A farmer estimates that if he harvests his soybean crop now, he will obtain 1,000 bushels, which he can sell at $3.00 per bushel. However, he estimates that this crop will increase by an additional 1,200 bushels of soyb..
How the The Dot Notation and Dot Convention work in Transformer Phasing ?
Critics have argued that if there are strong factor substitution effects, these subsidies could reduce employment in the state. Explain their argument. How does this affect the labor market
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