Questions from Managerial Economics

Q: Based on the Solow model’s conclusions about population growth, comment on

Based on the Solow model’s conclusions about population growth, comment on the effects of immigration on a country’s a) aggregate output level. b) capital-labor ratio.

Q: Start by graphing the U.S. steady-state capital

Start by graphing the U.S. steady-state capital labor ratio and labeling it k* 1900 (draw only the investment and the depreciation and capital dilution curves). a) On the same graph, show the effects...

Q: Start by drawing a given country’s steady state, using only the

Start by drawing a given country’s steady state, using only the investment and the depreciation and capital dilution curves. On the same graph, do the following: a) Consider the effects of an immigrat...

Q: The U.S. government has provided billions of dollars for

The U.S. government has provided billions of dollars for broadband Internet access nationwide, including grants for rural broadband access, expansion of computer center capacity, and sustainable broad...

Q: Suppose two countries have the same growth rates of capital and labor

Suppose two countries have the same growth rates of capital and labor inputs. These factors contribute two percentage points to their respective countries’ total output growth rates. Output growth rat...

Q: During the late 1960s, Chinese authorities imposed the precepts of the

During the late 1960s, Chinese authorities imposed the precepts of the “Cultural Revolution” on their people. As a result, almost all scholars and researchers were sent to the fields to perform manual...

Q: Michael Kremer’s research suggests that higher population might stimulate technological progress.

Michael Kremer’s research suggests that higher population might stimulate technological progress. How can higher population stimulate technological change?

Q: Discuss the validity of the following statement: “Unlike Solow’s model

Discuss the validity of the following statement: “Unlike Solow’s model, Romer’s model concludes that changes in the saving rate do not affect the sustained per-capita output growth rate.”

Q: Consider the world economy and comment on the effect of the Industrial

Consider the world economy and comment on the effect of the Industrial Revolution on the world growth rate of output per person, according to the assumptions of the Romer model.

Q: Go to the St. Louis Federal Reserve FRED database, and

Go to the St. Louis Federal Reserve FRED database, and find data on the Bank Prime Loan Rate (MPRIME), the Effective Fed Funds Rate (FEDFUNDS), and the 3-Month Treasury Bill: Secondary Market Rate (TB...