The economy of North Haverbrook is comprised of 30,026 working able inhabitants and hold a capital stock of 45,000. Through empirical work, it was discovered that the share of labour income (wage) was 10% of GDP (turns out they don't have schools), share of capital was 90% and that using a cobb-Douglas production function was able to properly approximate the production behaviour of this economy. And that tech (A) is 1.

1. [2 points] what will be North Haverbrook's output? (my answer:43215)
2. [2 points] what is the equilibrium real wage rate?(my answer:0.14)
3. [2 points] what is the equilibrium real capital rental rate?(my answer:0.8643)
4. [3 points] Given it's current situation, should North Haverbrook follow a policy to increase its labour force, or increase its capital stock? (having for goal to increase output). Why? Show your logic.
5. [3 points] Given it's currency situation (independent of d) ), should North Haverbrook follow a policy which would increase schooling, which will increase the share of labor to 15% (share of capital changes to 85%), or should it alternatively increase capital stock by 1000. Which will be its best option (having for goal to increase output). Why? Show your logic.

Please help me check my answers from a-c, and answer questions d and e!!! Thanks.

1. Here we think about two people, Sally & Tamara, who are in a ridiculously simple place where only two goods exist, apples & Hot Dogs. Sally is indifferent between bundles A, B, C, D, E, F, and G. Tamara is indifferent between bundles H, J, I, K, L, M, and N.

Sally:

Tamara

1. What is the value of 4 apples to Sally? (1)

2. What is the marginal value of the 4th apple to Sally? (1)

3. What is the marginal value of the 4th apple to Tamara? (1)

4. Let us say, Sally has bundle E & Tamara has bundle H. Explain how trade can make each one of them better off (give all relevant details, such as who would trade what for what, what will each person ends up with as the result of their trade, and how you know that what they have after trade is better than what they have started with). (3)

5. What would be the equilibrium outcome of their trade (i.e., how many apples and how many hot dogs would each of them have in equilibrium)? Explain, with reference to maximization, how you know that that outcome is equilibrium. (3)

What are the economic and political arguments for regional economic integration? Given these arguments, why don’t we see more substantial example of integration in the world economy?

The Facts of Growth

1. What are the three main conclusions that can be drawn from an analysis of growth rates for developed countries?

2. To what extent have the three main facts of growth not held for certain countries? For which countries have they not generally held?

3. Explain why an increase in the number of workers will cause a reduction in output per worker in the long run.

4. Discuss and explain what is meant by the "state of technology."

5. Explain each of the following: (1) constant returns to scale; (2) decreasing returns to capital; and (3) decreasing returns to labor.

6. First, what are the primary determinants of output per worker? And second, to what extent can each cause a permanent change in economic growth?

7. Explain what effect a reduction in the saving rate will have on growth.

8. Explain the relationship between output per capita and happiness. Specifically, to what extent are these two variables related?

9. Briefly explain what effect an increase in the saving rate will have on growth.

10. Graphically show and explain the effects of an improvement in the state of technology.

in 400-500 words,Please describe and compare the financing and organization of the healthcare delivery system in a country of your choice with that of the healthcare delivery system in the United States. Key points in this discussion includes: A thorough discussion of governments role, financing/funding, who/what is covered, how it is organized, how it is accessed, quality, disparities, cost, integrated, etc.

PLS provide your references

thank you

In addition to it's impact on public health Covid -19 has had a major impact on the economy, Demonstrate how Covid-19 is affecting small business and propose relief measures that could be implemented to help small businesses overcome that challenges.

Suppose we have two firms with the following production technologies

f (x1,x2) = min{x1,2x2}

f (x1,x2) = x1 + 2x2
Suppose the firms face the same prices on inputs. Denote the input prices by w1,w2. Further suppose the firms can sell their output for the same price p.
(a)Find the demand function for the inputs for both firms

(b)Suppose w1 = 1,w2 = 2, and p = 10, what are the profits of the firms
(c)Suppose the price of input 1 goes down to .5, analyze the effect of the decrease in price on the demands and the profits of the firms.

Can anyone explain why it is advantageous for countries to have its currency depreciated at a global level?

Read the following excerpt and draw a profit diagram based on the option positions. Show all the critical points on the diagram. For example, the intercepts on axes, maximum profit or maximum loss.

Shares of a gold producer rose 1.5% today to yet another all-time high of $116.43. We observed activity in the June 2012 contract by one investor who initiated an option strategy on the stock. It appears the trader purchased 13,265 calls at the June $125 strike for an average premium of $5.95 each, against the sale of the same number of calls at the higher June $150 strike for $2.10 apiece…

Please provide formula and calculation step thanks

Between 1962 (79 percent) and 2011 (61.4 percent) Voter turnout fell dramatically. According to a portion of its comparable Australia, New Zeland, and the United States, the Gallagher Index of Disproportionality for Canadian government races in that period ran from 6.26 to 20.91, yet altogether higher than many others such as Belgium, Germany, Ireland, the United States, and the Scandinavian nations.Consider the following situation: Julie and Mark are brother and sister. They are traveling together in France on summer vacation from college. One night they are staying alone in a cabin near the beach. They decide that it would be interesting and fun if they tried making love. Julie was already taking birth control pills, but Mark uses a condom too, just to be safe. They both enjoy making love, but they decide not to do it again.

(a) Briefly explain, in 100 words or less, why Julie and Mark’s actions would be morally wrong, according to Natural Law Theory. (10%)

(b) How would liberal ethics view Julie and Mark’s actions? Briefly explain, in 100 words or less. (5%)

Please create by filling in the blanks a Five Forces Assessment on Cracker Barrel Old Country Store

Rivalry                                                                                                                                     

Threat of Entry

Substitutes

Supplier Power

Buyer Power

Definitions/Short Answers

1. What are the factors that make a market perfectly competitive?

2. Dead weight loss

3. Consumer surplus

4. Price floor

5. Price Supports

6. Suppose the price elasticity of demand is -2. What is economic meaning of the price elasticity of demand?

7. Two-part tariff

8. Perfect price discrimination

How can a country’s supply and demand curves for a product be used to determine the country’s supply-of-exports curve? What does the supply-of-exports curve mean?