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Discuss the following proposition: “An increase in the saving rate will increase the equilibrium capital-output ratio and so increase both output per worker and the rate of economic growth in both the short run and the long run.”
Business Economics, Economics
1. A consumer has $300 to spend on goods X and Y. The market prices of these two goods are Px $15 and Py $5. a. What is the market rate of substitution between goods X and Y? b. Show how the consumer's opportunity set ch ...
COWCOR COPR makes yummy cheeseburgers and fries. It has $1.6 million in debt outstanding, equity valued at $2.3 million, and pays corporate income tac at a 39% rate. Its cost f equity is 13% and its cost of debt is 5%. A ...
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What is a Survey and pros and cons of using this method to collect data are? Have you done a survey? How successful were your results?
The ages of commercial aircraft are normally distributed with a mean of 13.5 years and a standard deviation of 8.3821 years. What percentage of individual aircraft have ages between 10 years and 16 years? Assume thata ra ...
A shipment of 15 televisions sets contains 3 defective sets. A hotel purchases 9 of these televisions sets. What is the probability that the hotel receives at least one of the defective sets?
It is often argued that regulation is justified in cases where some form of market failure would otherwise cause an inefficient allocation of resources. Can someone help me identify possible sources of market failure tha ...
If all countries eliminated all barriers to immigration, would global economic growth increase? Why or why not?
Use the following table to find the? steady-state values of the? capital-labor ratio and output if the? per-worker production function is y t = 2k t 0.3 . Saving rate (s) = 0.37 Depreciation rate = 0.04 population growt ...
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