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1) Compute the discount factor 1/(1+r)^t for r=1, 5, or 10 perent interest rates and t=30 and 50 years. remember that 1 percent is .01. based on your computation, is teh choice of discount factor important for deciding whether to do somehtinga bout global warming today? why or why not?
2) (a) why might there be a negative relationshp between gross domestic product (GDP) and environmental quality for a country? why might there be a positive relationship between GDP and environmental quality?
(b) do you expect all pollutants for one coutnry to have the same shape of the environmental kuznets curve? if so, what shpae do you expect? if not, does the EKC always imply that a country can grow its way out of polluting?
(c) if increased GNP is associated with miproved environmental quality, does this relationship mean that a cleaner environment comes at no cost - acutally at postivie benefit - to GNP? if so, why is environmental regulation so often opposed? if not, what explanation exists for this relationship?
Estimate the regression equation of wage on educ. Write down formally the regression equation with standard errors underneath within parenthesis.
Calculate the net private benefits of the project to the foreign-owned company, as a net present value and calculate the net social benefits of the project from the viewpoint of the Australian economy, with the same criterion.
What is the cost function, marginal cost function, and average cost function for each plant? b) What is the efficient scale and minimum average cost for each plant? c) What is the cost function for the firm?
Determine the two equal deposits, the first deposit required now and the second deposit at the end of year 6, so that you can withdraw $2,000 at the end of each year for the next 12 years. Assume that money earns 4% interest, compounded monthly.
Suppose the following data describe output in two different years. Item Year 1 Year 2 Apples Bicycles Movie Rentals 20,000 @ 25¢ each 700 @ $800 each 6,000@ $1.00 each 30,000 @ 30¢ each 650 @ $900 each 8,000 @ $1.50 each (a) Compute nominal GDP in ..
A customer has provided information on the value of cars, the price of gasoline, the quantity of new cars sold in United States. Gross Domestic Product per capita is also observed.
Assume the Following IS-LM Model E Expenditure sector Sp = C + I + G + NX C = 110 + (2/3)YD Calculate the equilibrium values of private domestic investment (I), tax revenues (TA), and real money demand (md). How much of private domestic investment (I..
Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.
Examine the charts and correlation tables. Do men or women pay (on average) higher rents? How can you tell?
Simple linear regression predicting the change in performance (in seconds taken to run a race) for 800m runners by the average hours of training undertaken per week during the pre-season.
Use the following equations for demand and supply to solve for market equilibrium price and quantity: Demand: Qd = 100 - 4P Supply: Qs = 10 + 6P
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
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