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1. Why is knowledge nonrivalrous?
2. What two factors affect the growth rate of income and consumption in the endogenous growth model?
3. If the government could increase the rate of growth of consumption, should it? Why or why not?
4. Is there convergence in the levels and rates of growth of per capita income in the endogenous growth model? Why or why not?
Describe the motivational practices used by the organization to promote better strategy execution. Include some illustrative examples in your response.
Explain how intertemporal substitution is important for current labor supply and for the current demand for consumption goods.
You obtain the following sample autocorrelations and partial autocorrelations for a sample of 100 observations from actual data:
in what ways have these firms been affected?
Bounds Inc. has determined through regression analysis that its sales (S) are a function of the amount ofadvertising in two different media.This is given by the following relationship (X=newspapers,Y=magazines): S(X,Y) = 200X + 100Y - 10X2 - 20Y2 ..
Determine the equation of the three lines drawn from each vertex to the midpoint on the opposite side. These lines are called the medians of the triangle.
Suppose, in Example 7, it costs the BBC realty company, on the average, $800 each month to maintain each vacant apartment. What monthly rent should they charge if their profit is to be maximized?
How would your answer to part (a) change if you ignore the profit earned after the patent expires?
consider the following cobb-douglas production function for the bus transportation system in a particular city: Q = aL(B1)F(B2)K(B3) where L = labor input in worker hours F = fuel input in gallons K = capital input in munber of buses Q = output me..
The Federal Reserve has just purchased $100 million in Treasury bills from commercial banks. b. If the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio ..
The average consumer at a firm with market power has an inverse demand function of P = 10 - Q. The firm's cost function is C = 2Q. If the firm engages in two part pricing, what is the optimal fixed fee to charge each consumer
A survey of an urban university (population of 25,450) showed that 870 of 1100 students sampled attended a home football game during the season. What inferences can be made about student attendance at football games
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