Questions
The representative producer's optimal labour demand is independent of the amount of capital in the economy.

TRUE/FALSE/ OR UNCERTAIN: Support your answer using a few sentences, diagrams and possibly equations

  1. The representative producer's optimal labour demand is independent of the amount of capital in the economy.

  2. In the Solow growth model, if we assume the standard properties of the production technology, which are discussed in class, the economy tends to move toward the steady state with positive capital stock per worker.

  3. In the endogenous growth model of human capital accumulation the representative household's action and government's policy could have no impact on the growth rate of the economy.

In: Economics

The percentage of Texans not covered by health care insurance in 2015 was 17% (The Henry...

The percentage of Texans not covered by health care insurance in 2015 was 17% (The Henry J. Kaiser Family Foundation website, December 5, 2015). The Texas Health and Human Services Commission (HHSC) has been charged with conducting a sample survey to obtain more current information.
a. What sample size would you recommend if the HHSC’s goal is to estimate the current proportion of Texans without health care insurance with a margin of error of .03? Use a 95% confidence level.
b. Repeat part (a) using a 99% confidence level.

In: Statistics and Probability

Biodiversity loss is one of the more important environmental issues humans need to address. a. (3...

Biodiversity loss is one of the more important environmental issues humans need to address. a. (3 pts.) Name two ecosystem services biodiversity provides and why each is important. b. (3 pts.) Name three human activities that are threats to biodiversity? Which is the greatest threat and why? c. (2 pts.) What can society and individuals do to reduce the risk of extinction (list at least two things). Name a MN threatened/endangered species we talked about that would be helped by these actions.

In: Biology

Historical references as well as current anecdotal reports suggest that under very unusual circumstances, males can...

Historical references as well as current anecdotal reports suggest that under very unusual circumstances, males can breastfeed. The Talmud, a book of Jewish law, discusses a man whose wife died and who had no nourish the child with his own body. The writings of other religions report similar tales. In agriculture, male goats can receive hormonal treatments and make milk. Do you think that it is possible for a human male to breastfeed, and if so, what conditions must be provided to coax his body to produce a secrete milk?

In: Nursing

The problem of many developing businesses has always been attributed to insufficient or lack of capital...

The problem of many developing businesses has always been attributed to insufficient or lack of capital to run these enterprises. But on taking an MBA course at the University, you have come to realize that most businesses in Ghana and Africa fail not because of capital adequacy issues but rather, human resources management issues. What significant expectations would you give to all HR managers as needed competences to be equipped with if you are the consultant general to businesses in Ghana? Discuss these factors or requirements in not more than One and half (11 /2) pages.

In: Finance

1. How does a change in the autonomous expenditure influence the AE curve curve? Use graph...

1. How does a change in the autonomous expenditure influence the AE curve curve? Use graph to support your answer (2.5 Marks) 2. What is the difference between financial capital, physical capital and human capital? (2.5 Marks) Question Two: (A1, C1) 1. Explain how change in the interest rate and inflation might affect saving and investment decision in the economy? (2.5 Marks) 2. What are the five main determinants of consumption spending? Which of these is the most important? (2.5 Marks)

In: Economics

Please provide comments and short answers to the following statements. Companies are now more aware of...

Please provide comments and short answers to the following statements.

  1. Companies are now more aware of the environmental and social impacts that resulted from their operations and start to consider these factors into their decision- making process, in addition to the traditional financial considerations. In your opinion, does such practice support or contradict the goal of the firm to maximize

    shareholder value? Justify your answer.

  2. Since it is assumed that human being will try to maximize their wealth, then the

    interests of both the company’s shareholders and management will always be inline and goal congruence can easily be achieved.

In: Finance

Economic laws have been true throughout human history. As an example, consider the following passage, from...

Economic laws have been true throughout human history. As an example, consider the following passage, from Professor Samaddar’s lectures on the economy of Ancient India:

“Weaving in India has been encouraged from time immemorial... As is the case now-a-days, labourers working overtime were given extra payment... and special rewards were given for working on holidays.” (p.117)

Using a supply and demand diagram in the market for labour, clearly explain why Indian workers working overtime or during holidays were paid extra

In: Economics

Many humans claim to have a “sweet tooth”. Yet, excess sugar is bad for our health....

Many humans claim to have a “sweet tooth”. Yet, excess sugar is bad for our health. Presumably, our craving for sweet food substrates has an evolutionary basis – it probably directed human ancestors to forage for fruit, not candy. What nutritional benefits (name at least three) do we get from fresh fruit? Why is the amount of sugar contained in a few pieces of fruit not bad for us? Given that most of the fruit matter (cell wall) is indigestible to us, what is the reason for ingesting cellulose?

In: Anatomy and Physiology

More than 6.7 billion people inhabit our planet. Due to advances in technology and invention of...

More than 6.7 billion people inhabit our planet. Due to advances in technology and invention of agriculture, we have skirted the environmental resistance to growth. We have also impinged upon other species demographics. First describe the human population growth. (Is logistic? If so, what phase of the logistic growth curve? What type of survivorship curve? Are we r-selected or k-selected?) Next, describe what you feel would be a fair way to control our population growth?

In: Biology