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1. Draw the MPK schedule so that, over a certain initial range of capital, there is increas- ing MPK and then this is followed by diminishing MPK until the MPK declines to a level higher than that achieved in poor countries. What pattern of cross-country growth will this produce? How does this compare with the data described in this and earlier chapters?
2. A country has a working age population of 70 million, a total population of 100 million, unemployment of 5 million, and employment of 45 million.
(a) What is its labor force?
(b) What is its participation rate?
(c) What is the participation rate as a proportion of the working-age population?
(d) What is its unemployment rate?
business etiquette is an important component for business professionals to consider. you may already work in a business
The profit maximization rule for a perfectly competitive firm states that the perfectly competitive firm will maximize its profits when it produces that quantity where marginal revenue
Dale Emerson served as the chief financial officer for Reliant Electric Company, a distributor of electricity serving portions of Montana and North Dakota. Reliant was in the final stages of planning a takeover of Dakota Gasworks
Which of these two theories do you believe is applicable to your day-to-day life? Why do you believe this?
Assuming that Venezuelan import companies organize as buyers and bargain favorably with competitive foreign exporters, what is the overall welfare loss to Venezuela as a result of the quota?
How challenging is it to make money in the supermarket industry in the United States? How do investors achieve decent returns in this industry? How does a supermarket make money? include any sources.
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days for each year. It has orders for about 12,000 flashing lights for each year and has the ability of prod..
Steel is produced only in the US and the rest of the world (ROW). The inverse demand and supply in the US arep = 120 - Q dU and p = 30 + Q sU,while in the ROW, they arep = 90 - Q dR and p = Q sR.
What is a government budget deficit How does a federal budget deficit affect the economy Howdoes it affect the level of investment and interest rates How doesit affect the individual consumer
Which of the following flows from the government to the households, according to the circular flow diagram? A)Goods and services
suppose you are the manager of the bank that has 15 million of fixed-rate assets 30 million of interest rate- sensitive
Explain why you used either the CPI data or the GDPD data in your answer to part A.
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