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Все вопросы
- The main reason that the United States has such a high standard of living is #21
- Suppose the economy's production function is Y = AK 0.3 N 0.7 If K = 2000, N = 100, and A = 1, then Y = 246. If A rises by 10 percent, and K and N are unchanged, by how much does Y increase? #22
- Suppose the economy's production function is Y = AK 0.3 N 0.7 If K = 2000, N = 100, and A = 1, then Y = 246. If K and N each increase by 5 percent, and A is unchanged, by how much does Y increase? #23
- If Y = A × N × (75 + K/N), where K = 1000, N = 20, and A = 10, what happens if K doubles and N doubles? #24
- Suppose the economy's production function is Y = AK 0.3 N 0.7. When K = 1000, N = 50, and A= 15, what is Y? #25
- Suppose that Freedonia has GDP equal to 2000 million, the capital stock is 1700 million, and the number of employees equals 70 million. The production function is Y = AK 0.25 N0. 75 Total factor productivity of the economy is approximately equal to #26
- The two main characteristics of the production function are #27
- Desired national saving equals #28
- The distinction between saving and savings is that saving is …, while savings is …. #29
- With no inflation and a nominal interest rate (i) of.03, a person can trade off one unit of current consumption for … units of future consumption. #30