PS1 - initial 2008 level of employment, output and the real...

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Answer p$ of the following questions based on the standard models of analysis developed in class. l. Production Functions and Labor Markets (35 points.) In 2008, Haiti was at its full-employment level of output.
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Unformatted text preview: initial 2008 level of employment, output and the real wage. These diagrams should be drawn in BLACK. Y = AoF(Ko, N) Y = A6F(K1, N); Kr < Ift Yr Y2 N2 Nl Problem Set #l Nz Nl ND 4t7...
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This note was uploaded on 01/19/2012 for the course ECON 100B taught by Professor Wood during the Spring '08 term at University of California, Berkeley.

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