Questions
The primary difference between the neoclassical growth model and endogenous growth models is that A. the...

The primary difference between the neoclassical growth model and endogenous growth models is that

A. the neoclassical growth model assumes that technology is exogenous.

B. all of the above

C. changes in savings rates can affect growth in the long-run in endogenous growth models.

D. endogenous growth models attempt to explain movements in technology within the model.

In: Economics

1-The key difference between short run and long run is * 2-In the short- run equilibrium,...

1-The key difference between short run and long run is *
2-In the short- run equilibrium, if Real GDP ˂ Potential GDP, then over time price level will *
3-Okun’s law states that *
4-If the long-run aggregate supply curve is vertical, then changes in aggregate demand affect: *
5-If government reduces taxes, in the short run, *

In: Economics

Analyze two goods/services that you think are elastic and inelastic in your daily life that you...

Analyze two goods/services that you think are elastic and inelastic in your daily life that you have recently purchased or not when the price changes(relate your answer to the characteristics of elasticity). If you were a manager of a store, what would you rather sell, inelastic or elastic goods/services. Please explain your answer.

In: Economics

What are some of the predicted long‑term effects of global warming? Pick each one! Thank you!!...

What are some of the predicted long‑term effects of global warming? Pick each one! Thank you!!

Rising sea levels will threaten coastal civilizations.

Precipitation rates will decrease sharply worldwide.

Ocean acidification will reduce populations of marine species.

Changes to ecosystems will increase biodiversity worldwide.

People will have greater access to freshwater.

In: Biology

Write out the equation for the demand and supply of loanable funds in equilibrium. Use this...

Write out the equation for the demand and supply of loanable funds in equilibrium. Use this equation to briefly describe how changes in government budgets can affect the trade balance. Include any assumptions you make about the other components of the demand and supply of savings. Then explain the difference between a progressive tax, a proportional tax, and a regressive tax.

In: Economics

9. Centrifugal forces resulting from riding a roller coaster can be a challenge to your blood...

9. Centrifugal forces resulting from riding a roller coaster can be a challenge to your blood pressure, as blood trends to flow to your legs instead of your carotid arteries and aorta. A similar effect takes place as you wake up every morning. How does your body cope with these sudden changes in blood pressure?

In: Biology

1- In the space below each of the following, indicate the effect [increase (+), decrease (−)]...

1- In the space below each of the following, indicate the effect [increase (+), decrease (−)] on equilibrium price (P) and equilibrium quantity (Q) of each of these changes in demand and/or supply.

                                                                                                                 P                                 Q

(a) Increase in demand, supply constant             ________               ________

(b) Increase in supply, demand constant             ________               ________

(c)   Decrease in demand, supply constant           ________               ________

(d) Decrease in supply, demand constant           ________               ________

In: Economics

Why are 401(k) (and the related 403(b)) plans increasing in number while traditional defined benefit plans...

Why are 401(k) (and the related 403(b)) plans increasing in number while traditional defined benefit plans are not? How do the questions of commitment to future income and financial risks in the plan relate to these changes? For which type of plan (defined benefit or defined contribution) does PBGC play a role? What is the status/outlook of PBGC?

In: Finance

Thermodynamic driving forces for ligand association 1 page (min 300 words). Describe the various components of...

Thermodynamic driving forces for ligand association 1 page (min 300 words). Describe the various components of the Gibbs free energy and how these changes upon binding. Discuss who favors binding and which prevent binding. Describe the intermolecular interactions that may contribute to ∆Gbind. The information can be retrieved from books or similar sources.

In: Chemistry

Assume in Question 1 that the 90% confidence interval is .33<.42<.51. Interpret this interval. Explain why...

Assume in Question 1 that the 90% confidence interval is .33<.42<.51. Interpret this interval.

  1. Explain why a confidence interval should always accompany a point estimate.  
  2. Describe how changes in sample size change the size of confidence intervals?
  3. Describe how a 95% and an 85% confidence interval affects the width of the above 90% interval.

In: Statistics and Probability