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Q1. Although the U.S. is one of the richest nations in the world, it is also the world's largest debtor nation. We often hear that the problem is the nation's low savings rate. Suppose policy makers attempt to rectify this by encouraging greater savings in the economy. If their attempts are successful, what effect will this have on real GDP?
Q2. Consider a small open economy with a wide array of trading partners all operating in different currencies. The economy's business cycles are not well synchronized with any of the world's largest economies and policymakers in this country have a well earned reputation for being fiscally prudent and honest. In your view, should this small open economy adopt a fixed exchange rate regime?
If today's production of capital goods exceeds the depreciation of capital.
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.
The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
Given a binomial random variable with n = 60 and p = 0.36 find the probability of obtaining between 25 and 35 successes inclusive, to three decimal places.
Find the quantity that maximizes the profit of the monopolist, the profit of the monopolist and the corresponding domestic and international price.
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
Evaluate the U.S. nursing shortage in terms of demand and supply.
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
A car manufacturer claims that its vehicles average at least 25 miles per gallon.
Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
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