Reference no: EM131118747
1. What is growth and why is it important? What role does innovation play in growth?
2. Where does economic growth ultimately come from? Why is this? Comment on its impact on real income.
3. How does savings affect growth? Use the Solow model diagram to show what happens if we decide to save more.
4. What is the golden rule level of capital?
5. How does a decrease in the population growth rate affect growth in the Solow model? Draw a diagram and explain why this happens.
6. What sorts of policies can negatively affect growth according to the Solow model?
7. What is the optimal tax rate on capital and why?
8. Are trade deficits necessarily a bad thing? Why or why not?
9. Suppose the government spends into a deficit. Show how a trade deficit may follow, and explain why this happens.
10. Suppose a politician claims that “Since Y=C+I+G+NX, we should protect exporters in order to stimulate GDP”. Is she correct? Why or why not?
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Federal government budget deficits
: The United States has become a net debtor nation where the rest of the world owns more assets in the United States than the United States owns assets in the rest of the world. The United States external debt is directly caused by: Years of households..
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English discussion on quick turnaround
: choose one of the essays from the section "Issues Facing America" listed in the "Supplemental Readings" section of the course lessons. Then, explain to the class where you believe the following terms are found in the essay if applicable: claim, su..
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Grams of strontium
: 1. If a sample of strontium nitrite contains 45 g of oxygen, how many grams of strontium does it contain? Give your answer in correct standard notation.
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Why financial managers be concerned with quality initiatives
: Create an argument that explains why financial managers should be concerned with quality initiatives in the health care organization. Provide at least two (2) specific examples of quality initiatives in a health care organization with which you ar..
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What role does innovation play in growth-optimal tax rate
: What is growth and why is it important? What role does innovation play in growth? Where does economic growth ultimately come from? Why is this? Comment on its impact on real income. How does savings affect growth? Use the Solow model diagram to show..
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Summarize the social-political and scientific ideas
: 1. Briefly summarize the social, political, and scientific ideas advocated during the Age of Reason and the effect they had on correctional thinking. Discuss whether you recognize any of these ideas in today's society.
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Identify the consequences on the firm and the individual
: Identify the consequences on the firm and the individual.
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Solve for the nash-bertrand equilibrium prices
: Ashley (Brand A) and Lino (Brand L) are the leading brand names of fitness shoes. Solve for the Nash-Bertrand equilibrium prices. Then, compute the equilibrium output levels, the equilibrium profits and aggregate industry problems:
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Team employ that would result in lower deadweight loss
: You’re the manager for a college football team. Assume you own the stadium and the variable cost per attendant is $0. You’ve been told by your in-house economist that you should set the price of tickets at $50 to maximize profit (at current, you set ..
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