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Consider separately the case of decreasing, constant, and increasing marginal product of capital and where investors can either invest in a bank account and earn interest rate R or invest in the capital stock of a country. Using a diagramatic analysis, examine in each case where investors will place their funds and the implications for convergence.
Suppose that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000. Suppose there are two types of individuals: those with $60,000 in the bank and those with $5,000 in the ban..
The following are the approximate U.S. market shares of dissimilar cigarette companies: Altria, 47 percent; Reynolds American, 26 percent; Imperial, 5 percent; Lorillard, 14 percent; total for all other brands, 8 percent. Suppose “all other brands” e..
A cruise line offers a one week tour of Alaska for $2,400 per person. If more than 200 passengers join the tour, the price is reduced by $3 per additional pas- senger. The tour can accommodate 1000 passengers. What number of passengers maximizes t..
questionsuppose the market for semiconductors in the u.s. is characterized byqd 200 - 40pdemandqs 40 40psupplythe
For each of the following shocks, describe how monetary policymakers would respond (if at all) to stabilize economic activity. Assume the economy starts at long run equilibrium.
Describe the ultimate goal of the product campaign for the new shampoo. Discuss your methods for achieving this goal.Identify the components of marketing, pricing, and distribution for the campaign. Include in your response a discussion and analysis ..
prepare a two- to three-page paper in apa style sixth edition format that describes explains addresses and answers the
1- solve the partial derivative of the following functions with respect to each independent variable2- does any of
1. Which will be larger for a country: PG or APG? Please explain. 2. Country A and Country B have the same population of 200 million. Use the figures in the table below to calculate the head-count ratio and average poverty gap in each country. Finall..
In an oligopolistic market, firms pay close attention to the strategies of their rivals. In monopolistic competition with a large number of sellers, it is assumed that there is not this kind of rivalry, or interdependence. Why is there a probably ..
who benefits from a tariff or quota? who loses? why would domestic markets benefit from protectionist trade policies?
What is the variance of the return from the strategy in part (d)? Is it higher orlower than the variance of the strategy in (b)? Which of these two strategies wouldyour mean-variance optimizing investor choose?
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