ECON-300
Question #4
4) Clearing the labor market: The market labor demand is a downward sloping curve of the real wage
rate. The market supply is assumed to be constant. The equilibrium value of the wage rate is determined
when the aggregate quantity of
IMathAS Assessment
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Understanding Graphs Pre
Due in 27 minutes
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Score in gradebook:
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10 out of 10
This question, with your last answer,
Thomas Mitchell
ECN300
Introduction Review
The introduction of Weapons of Math Destruction by Cathy ONeil does what it intends
to do; introduce the reader to the basis of the book. First, ONeil opens up about her upbringings
and passion for mathematics. S
Thomas Mitchell
ECON300
Chapter 6 Review
This chapter explored the mathematical models involved with hiring opportunities in
many corporations. It opens anecdotally describing Kyle Behms struggle to land a job at Kroger,
a grocery store, after being a stu
Thomas Mitchell
ECON300
Chapter 10 Review
ONeil explores how social media and data mining have a great influence on political
campaigning. The chapter opens on the concept of social media having an impact on voting
patterns. In particular, Facebook set fo
Thomas Mitchell
ECON300
Chapter 2 Review
In this specific chapter, ONeil goes into depth on the financial market collapse of 2008
as well as the incompetency of firms to manage and determine risk. It starts out by describing the
pool of quants at D.E. Sha
Thomas Mitchell
ECON300
Chapter 4 Review
For-profit universities have made a surge in education from 2004 to 2014. During this
period, these universities have accounted for 11% of the U.S. population that attends higher
education. A majority of this has b
Problem Set 4, Group H: Cristian Matos, Michael Milton Jr. Thomas Mitchell, Shaun Monaghan,
Rocco Morgan
1. A Fed sale of bonds imply a contraction of money supply. In turn, this means the LM
curve model will shift to the left. What this portrays is a con
Group Problem Set #2:
Group H: Cristian Matos, Michael Milton Jr., Thomas Mitchell, Shaun Monaghan, Rocco
Morgan
1.) Nominal GDP can rise because either the price level is rising or the real quantity of goods
and services produced has increased. Nominal G
Macroeconomy : Chapter 1 :
GDP=PIB
GDP2016 =P1xQ1+P2xQ2+PnxQn=(n Zigma i=1) PiQi = Nominal GDP
Same with 2015, then to find the growth of the nominal Gdp, do a percentage , (valeur d'arrivvaleur de dpart )/ valeur de dpart) = that equal the inflation
Chai
PS5 Q1
1. How does the capital utilization rate affect the depreciation rate
and why?
A higher capitalization utilization rate (k) leads to a higher depreciation rate. This is
because we assume that (k) is greater than zero when k equals zero, or that cap
ECON 300 Problem Set 8
1. The governments taxes and transfers affect each households budget constraint. The
existence of government leads to two changes in the household budget equation. The first
change is subtracting real taxes from real income. The add
1. For permanent positive technological advances, there are positive changes in real GPD, (K, L),
a rise in mpk, a rise in interest rates which reduces household current consumption and promote
real savings. Income consumption increases by the amount of r
ECON 300 Problem Set 5
1) A higher capitalization utilization rate (k) leads to a higher depreciation rate. This is
because we assume that (k) is greater than zero when k equals zero, or that capital
depreciates even when it sits idle. Also, (k) depreciat
ECON 300 Problem Set 7
1. Nominal interest rate includes inflation, where the real interest rate does not. The Fischer
equation is nominal interest rate = real interest rate + inflation rate.
2. The government prints money and gives it to households as tr
IMathAS Assessment
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Variables and Parameters Pre
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