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UCI Macroeconomics Intensive Unit of Labor Questions
Question 1(4×10pts)Describe and graph how each of the following affect the k̇ = 0 and ċ= 0 locus. How does c and kreact ...
UCI Macroeconomics Intensive Unit of Labor Questions
Question 1(4×10pts)Describe and graph how each of the following affect the k̇ = 0 and ċ= 0 locus. How does c and kreact immediately after change and what is the new steady state? Note: k and c will denote perintensive unit of labor (same as k̂ and ĉ in the lecture slides).a) Permanent rise in productivity growth rate g.b) Rise in the preference for today’s consumption θ.c) Proportional downward shift of production function f(k).d) Decrease in the depreciation rate of capital δ.Question 2(5pts+10pts+3×5pts+10pts+5pts+5pts+10pts)Consider an economy with infinitely lived representative households which provide laborservices in exchange for wages, receive interest income on assets, purchase goods forconsumption and save by accumulating additional assets. We will modify here the standardRamsey model by assuming that government purchases affect utility from private consumptionand that government purchases and private consumption are perfect substitutes. Thus, therepresentative household maximizes its lifetime welfare:subject to its flow budget constraint and the No-Ponzi-Game condition, where n is the rate ofpopulation growth, θ > 0, ρ > 0 and ρ > n. Assume further that the government purchases percapita are gt = Gt/Lt, which are financed by a constant tax on consumption 1 > τc > 0, and thegovernment budget is balanced. The productive sector of the economy has competitive firmswhich produce goods, pay wages for labor input and make rental payments for capital inputs.The firms have neoclassical production function, expressed in per capita terms yt = Akαt where 0< α < 1 and capital depreciates at the rate δ > 0.a) Specify the household’s dynamic optimization problem.b) Derive the first order conditions of the household’s optimization problem.c) Obtain the Euler equation.d) Write down government’s budget constraint, the government spending per capita, and ġ.e) Rewrite the Euler equation in terms of c, r, θ, and ρ. How does the tax affect theconsumption choice?f) Write down and solve the problem of a profit-maximizing representative firm. Using theresults above specify the competitive market equilibrium.g) Derive the conditions for the steady-state level of capital and consumption per capita anddraw the phase diagram.h) Find the value of k* for α =0.5, A=4, δ=0.4, and ρ=0.6.i) Assume that the economy is initially at a steady state with k* and c* > 0. What are theeffects of a temporary increase in government purchases on the paths of consumption,capital and interest rate (draw their behavior over time).
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Please submit the name of the company you're going to be working on and why you chose it. The purpose of the research pape ...
Coca Cola Company Financial Analysis Research Paper
Please submit the name of the company you're going to be working on and why you chose it. The purpose of the research paper is to demonstrate your grasp of the concepts you have learned throughout the course and your ability to analyze the financial standings and history of a company. You should be comfortable with choosing a company and: Read and understand the five basics financial statementsRead and understand the financial components of an Annual ReportKnow how to interpret and calculate key financial ratiosEvaluate and explain the risk/reward trade-off of investing in that companythen following the files and finish it.
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The Mundell Fleming Model and The Exchange Rate Problem Set Worksheet
Help me with the following two problems. Answers could be written or typed, the required graphs must be attached under each of the question.
Executive summary in which you describe your Statistical Process Control project and include the control chart with SPC
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Executive summary in which you describe your Statistical Process Control project and include the control chart with SPC
Purpose of AssignmentThe purpose of this assignment is for students to learn how to apply Statistical Process Control Methods to a business process. Assignment Steps Resources: Microsoft® Excel® and PowerPoint® Select a complex continuous process from your personal life or work. The process can be the same as in Week 1 assignment.Complete the following: Use Microsoft® Excel® to calculate the defined process metrics including variation and process capability. Use Microsoft® Excel® and PowerPoint® to develop and display a control chart for the process. Evaluate the control chart and process metrics using Statistical Process Control (SPC) methods. Evaluate whether the process could benefit from the use of Six Sigma tools.Develop a 525-word executive summary in which you describe your Statistical Process Control project and include the control chart with SPC. Attach your Excel® spreadsheet/PowerPoint®when you submit your assignment.Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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Most Popular Content
UCI Macroeconomics Intensive Unit of Labor Questions
Question 1(4×10pts)Describe and graph how each of the following affect the k̇ = 0 and ċ= 0 locus. How does c and kreact ...
UCI Macroeconomics Intensive Unit of Labor Questions
Question 1(4×10pts)Describe and graph how each of the following affect the k̇ = 0 and ċ= 0 locus. How does c and kreact immediately after change and what is the new steady state? Note: k and c will denote perintensive unit of labor (same as k̂ and ĉ in the lecture slides).a) Permanent rise in productivity growth rate g.b) Rise in the preference for today’s consumption θ.c) Proportional downward shift of production function f(k).d) Decrease in the depreciation rate of capital δ.Question 2(5pts+10pts+3×5pts+10pts+5pts+5pts+10pts)Consider an economy with infinitely lived representative households which provide laborservices in exchange for wages, receive interest income on assets, purchase goods forconsumption and save by accumulating additional assets. We will modify here the standardRamsey model by assuming that government purchases affect utility from private consumptionand that government purchases and private consumption are perfect substitutes. Thus, therepresentative household maximizes its lifetime welfare:subject to its flow budget constraint and the No-Ponzi-Game condition, where n is the rate ofpopulation growth, θ > 0, ρ > 0 and ρ > n. Assume further that the government purchases percapita are gt = Gt/Lt, which are financed by a constant tax on consumption 1 > τc > 0, and thegovernment budget is balanced. The productive sector of the economy has competitive firmswhich produce goods, pay wages for labor input and make rental payments for capital inputs.The firms have neoclassical production function, expressed in per capita terms yt = Akαt where 0< α < 1 and capital depreciates at the rate δ > 0.a) Specify the household’s dynamic optimization problem.b) Derive the first order conditions of the household’s optimization problem.c) Obtain the Euler equation.d) Write down government’s budget constraint, the government spending per capita, and ġ.e) Rewrite the Euler equation in terms of c, r, θ, and ρ. How does the tax affect theconsumption choice?f) Write down and solve the problem of a profit-maximizing representative firm. Using theresults above specify the competitive market equilibrium.g) Derive the conditions for the steady-state level of capital and consumption per capita anddraw the phase diagram.h) Find the value of k* for α =0.5, A=4, δ=0.4, and ρ=0.6.i) Assume that the economy is initially at a steady state with k* and c* > 0. What are theeffects of a temporary increase in government purchases on the paths of consumption,capital and interest rate (draw their behavior over time).
Coca Cola Company Financial Analysis Research Paper
Please submit the name of the company you're going to be working on and why you chose it. The purpose of the research pape ...
Coca Cola Company Financial Analysis Research Paper
Please submit the name of the company you're going to be working on and why you chose it. The purpose of the research paper is to demonstrate your grasp of the concepts you have learned throughout the course and your ability to analyze the financial standings and history of a company. You should be comfortable with choosing a company and: Read and understand the five basics financial statementsRead and understand the financial components of an Annual ReportKnow how to interpret and calculate key financial ratiosEvaluate and explain the risk/reward trade-off of investing in that companythen following the files and finish it.
The Mundell Fleming Model and The Exchange Rate Problem Set Worksheet
Help me with the following two problems. Answers could be written or typed, the required graphs must be attached under eac ...
The Mundell Fleming Model and The Exchange Rate Problem Set Worksheet
Help me with the following two problems. Answers could be written or typed, the required graphs must be attached under each of the question.
Executive summary in which you describe your Statistical Process Control project and include the control chart with SPC
Purpose of AssignmentThe purpose of this assignment is for students to learn how to apply Statistical Process Control Meth ...
Executive summary in which you describe your Statistical Process Control project and include the control chart with SPC
Purpose of AssignmentThe purpose of this assignment is for students to learn how to apply Statistical Process Control Methods to a business process. Assignment Steps Resources: Microsoft® Excel® and PowerPoint® Select a complex continuous process from your personal life or work. The process can be the same as in Week 1 assignment.Complete the following: Use Microsoft® Excel® to calculate the defined process metrics including variation and process capability. Use Microsoft® Excel® and PowerPoint® to develop and display a control chart for the process. Evaluate the control chart and process metrics using Statistical Process Control (SPC) methods. Evaluate whether the process could benefit from the use of Six Sigma tools.Develop a 525-word executive summary in which you describe your Statistical Process Control project and include the control chart with SPC. Attach your Excel® spreadsheet/PowerPoint®when you submit your assignment.Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
5 pages
Hbr Simulation For Sunflower Nutraceuticals Analysis
In a position of the chief executive officer for the sunflower nutraceuticals, an individual has to apply various skills i ...
Hbr Simulation For Sunflower Nutraceuticals Analysis
In a position of the chief executive officer for the sunflower nutraceuticals, an individual has to apply various skills involved in the capital ...
Gross Domestic Product, economics homework help
Assignment: Gross Domestic ProductComplete the Gross Domestic Product worksheet.To access the Gross Domestic Product ...
Gross Domestic Product, economics homework help
Assignment: Gross Domestic ProductComplete the Gross Domestic Product worksheet.To access the Gross Domestic Product data required in the worksheet from the government website, use the following click stream: > Access the website, http://www.bea.gov> Under the "National" heading, click “Gross Domestic Product.”> Under the heading “Gross Domestic Product,” click on “Interactive Tables: GDP and the National Income and Product Account (NIPA) Historical Tables.”> Click on “Begin using the data”> Select “Section I - Domestic Product and Income”> Select “Table 1.1.5 Gross Domestic Product (A)(Q).”> Use the column for 4th quarter of 2015. The quarter years are in roman numerals (IV = 4 ).
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