Problem Set # 3 Solutions Chapter 7 #2 a) The production function in the Solow growth model is Y = f(K‚L)‚ or expressed in terms of output per worker‚ y = f(k). If a war reduces the labor force through casualties‚ the L falls but Capital-labor ratio k = K/L rises. The production function tells us that total output falls because there are fewer workers. Output per worker increases‚ however‚ since each worker has more capital. b) The reduction in the labor force means that the capital stock
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Workshop Five-Ethical Solutions Paper Jackie Marshall June 19‚ 2013 Workshop Five-Ethical Solutions Paper The owner of a company reduced wages by 5% for all employees in 2010 due to the aftereffects of 9/11: an action that was necessary in order to save the company from financial ruin during a very turbulent economy. Since that time‚ no one within the organization has gotten a raise. However‚ the business has now stabilized‚ showing a net profit for the fourth quarter of 2011‚ all of
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Although dollarization is considered by some as the only solution to end the present economic crisis‚ most of the economists have not seriously considered the adoption of silver as a national currency. Because of the present economic situation‚ people have not had time to think about the subject. The intention of this essay is to inform all those who until now have not reflected on this proposal. I believe Mexico should adopt a silver standard because Mexico is the biggest producer of silver in the
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FINAL SPEECH (Persuasive Problem-Solution) Purpose: To inform and persuade your audience that a specific problem exists‚ it is serious‚ and it affects them. Time: 6-8 minutes Topic: Choose a topic that interests you and would probably interest your audience (the class). Consider what your audience already knows about this topic and what their attitude about this topic will be. Do not choose something the audience already knows a lot about. This topic must be presented in a persuasive
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A buffer solution can maintains a narrow range of pH even when strong acid are added. In our experiment‚ we can see water is not a buffer‚ water can undergo very big changes when small amounts of strong acid or strong bases are added. When the strong acid‚ 100µl HCl was added into the dd water‚ the pH value changed from 7.38 to 5.83 which mean the dd water has turn into acid. The same phenomenon occurs while strong base‚ 100µl NaOH was added into the dd water. The pH value changed from 7.07 to 9
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vision statements on the following components: STANDARD CHARTERED BANK Historical Background The Standard Chartered Group is an unusual banking business. Although its roots are British‚ its area of operations‚ its network and indeed its profits stream are overwhelmingly international. The name Standard Chartered comes from the two original banks from which it was Founded – The Chartered Bank of India‚ Australia‚ and China‚ and the Standard Bank of British South Africa. James Wilson following
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INSTRUCTOR’S MANUAL TO ACCOMPANY Database System Concepts Fourth Edition Abraham Silberschatz Yale University Henry F. Korth Lehigh University S. Sudarshan Indian Institute of Technology‚ Bombay Copyright c 2001 A. Silberschatz‚ H. Korth‚ and S. Sudarshan Contents Preface 1 Chapter 1 Exercises Chapter 2 Exercises Chapter 3 Exercises Chapter 4 Exercises Chapter 5 Exercises Chapter 6 Exercises Introduction 4 Entity Relationship Model 9 Relational
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1.John is twice as old as his friend Peter. Peter is 5 years older than Alice. In 5 years‚ John will be three times as old as Alice. How old is Peter now? 2. John’s father is 5 times older than John and John is twice as old as his sister Alice. In two years time‚ the sum of their ages will be 58. How old is John now? 3. Joan is 3 times as old as her sister. In 3 yeas ‚ shee will be two years more than twice the age her sister will be then. What are their ages? 4. Kevin is 4 years older than
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Solutions for Homelessness This great nation of awesome power and abundant resources is losing the battle against homelessness. The casualties can be seen on the street corners of every city in American holding an "I will work for food" sign. Homeless shelters and rescue missions are at full capacity. There is no room at the inn for the nation’s indigent. Anyone who has studied this issue understands that homelessness is a complex problem. Communities continue to struggle with this socio-economic
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Ringer’s Solution Lactated Ringer’s classified as an isotonic or crystalloid solution‚ has similar osmolarity to body fluids‚ meaning that it maintains fluid volumes in balance between the space inside and outside the blood vessels. Lactated Ringer’s contains electrolytes‚ substances necessary for cells to function. It’s intended for intravenous administration‚ but if a suitable vein cannot be found it can be given orally which has an unpleasant taste. It is made up of NaCl (sodium chloride)
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