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External link to Refer to the information provided in the gure at right to a answer the question that foiiows. If Armstrong Cable were free to sell to any number of ….
Economics Writing Help

Refer to the information provided in the gure at right to a answer the question that foiiows. If Armstrong Cable were free to sell to any number of ….

Which answer is it? I am a little confused about how to read this diagram. Refer to the information provided in the figure at right to aanswer the question that foiiows. If Armstrong Cable were free to sell to any number of ……………….subscribers it desires and set any price, it would sell to ‘subscribers at a price of O A. 1,000; $160 B. 2,200 $130 […]

External link to Between January 2010 and January 2013, U. employment increase by 4.9 million workers, but the number of unemployed workers declined by only 2.7…
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Between January 2010 and January 2013, U. employment increase by 4.9 million workers, but the number of unemployed workers declined by only 2.7…

Between January 2010 and January 2013, U.S. employment increase by 4.9 million workers, but the number of unemployed workers declined by only 2.7 million. How are these numbers consistent with each other? Why might one expect a reduction in the number of people counted as unemployed to be smaller than the increase in the number of people employed?

External link to Assume that the aggregate production is given by the following: Y = K”(AN)3L1′”‘3 Y stands for output, K stands for the capital stock, N stands for…
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Assume that the aggregate production is given by the following: Y = K”(AN)3L1′”‘3 Y stands for output, K stands for the capital stock, N stands for…

please demonstrate this analytically for diminishing marginal returns Assume that the aggregate production is given by the following:Y = K“(AN)3L1’“’3 Y stands for output, K stands for the capital stock, N stands for the number of the peopleemployed, L stands for the quantity of land used in production, and A stands for a measure of labour efficiency. a: and ,3 are parameters whose values are […]

External link to Hi there, what is the difference between central bank holding interest rate constant and holding money supply constant?
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Hi there, what is the difference between central bank holding interest rate constant and holding money supply constant?

Hi there, what is the difference between central bank holding interest rate constant and holding money supply constant? What would investment spending change if there is a tax cut, hodling interest rate constatnt and money supply contatnt respectively? Thanks a lot

External link to Assume that you’re a full-time worker earning $10/hour, $80/day, $400/week, $20,000/ year. Would you be willing to quit your jobs or keep working if
Economics Writing Help

Assume that you’re a full-time worker earning $10/hour, $80/day, $400/week, $20,000/ year. Would you be willing to quit your jobs or keep working if

Assume that you’re a full-time worker earning $10/hour, $80/day, $400/week, $20,000/ year. Would you be willing to quit your jobs or keep working if the tax rate was 10%? 20%? 30%? 40%? What do you think is the “best” tax rate? What would happen if the tax rate is 0%? 2) The state of California has decided to increase funding for public education. They are […]

External link to Suppose the own price elasticity of demand for good X is -5, its income elasticity is 2, its advertising elasticity is 4, and the cross-price…
Economics Writing Help

Suppose the own price elasticity of demand for good X is -5, its income elasticity is 2, its advertising elasticity is 4, and the cross-price…

Suppose the own price elasticity of demand for good X is -5, its income elasticity is 2, its advertising elasticity is 4, and the cross-price elasticity of demand between it and good Y is 3. Determine how much the consumption of this good will change if:Instructions: Enter your answers as percentages. Include a minus (-) sign for all negative answers.a. The price of good X […]

External link to Consider Solow’s model when the production function is Y = 1000K0. The population growth rate is 2%, = 0.1 is the depreciation rate and s = 0.25 is…
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Consider Solow’s model when the production function is Y = 1000K0. The population growth rate is 2%, = 0.1 is the depreciation rate and s = 0.25 is…

Consider Solow’s model when the production function is Y = 1000K0.3L0.7 . The population growth rate is 2%, δ = 0.1 is the depreciation rate and s = 0.25 is the savings rate.Suppose this economy was in its steady state when unexpectedly Total Factor Productivity increases by 10%. a) Compute how much more output there is in this economy immediately thanks to this improvement in […]

External link to Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day.
Economics Writing Help

Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day.

Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. The United States has 30 workers and the United Kingdom has 20 workers. a) Draw the PPF for the United States. b) […]

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