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Is it true that the underlying trend of growth in the economy is determined by the growth in the number of workers, the growth in the savings and investment rate, and the growth in productivity ?
Microeconomics, Economics
Question: QRS Company pays its executives a higher annual fixed base pay than TUV Company, but TUV makes a higher amount of its executives' compensation dependent on the performance of its stock. Assuming that their exec ...
Question: The index of consumer expectations dropped much more sharply before the brief and mild 1980 recession than it did before the much more severe and prolonged 1981-2 recession. The same pattern also occurred for t ...
Quesiton: In the spring of 2003, two professors from a couple of New York universities were allowed examine the filings of those companies that had complied with the filing requirement. They wanted to know which and how ...
Question: Suppose there are two consumers A and B. The marginal rate of substitution of A is MRS = Y /X , A A A and that of B is MRS = Y /X. Draw an Edgeworth Box and show all the points at which exchange B B B efficienc ...
Question: Draw a graph that depicts the balance between the marginal benefits of flossing your teeth in terms of the number of flossings per week and the marginal costs of flossing your teeth in terms of the expenditure ...
Question: A manufacturer of laptop computers operates a plant with an annual capacity of 6,630,000 laptop units. One of his models is expected to sell 390,000 units in the coming year. How large should each product lot b ...
Question: Perform hypothesis tests for the following: You love donuts. You love them so that you decide to perform a study on the average diameter of donuts. You found that the average round donut size in the entire city ...
Question: Consider the market for education. (1) Why might education exhibit positive externalities? (2) Describe a government policy to internalize the positive externality of education. Show the effect of the policy in ...
Question: Explain why the fish left behind are a type of investment. Some opponents of property rights in fish have argued against ownership because the fish already belong to "everyone." Try to define what (if anything) ...
Question: (A) Peggy buys a house for $200,000, with a monthly mortgage payment of $2,000. The current interest rate is 8%. A year later, the interest rate drops to 7% and her monthly payment falls to $1,800. What happens ...
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