Discuss about the regulation and deregulation of trucking
Assignment:
Can one explain why the railroad industry was regulated and then deregulated almost a century later? What about the regulation and deregulation of trucking?
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Using the money multiplier model, describe how banks' behavior affected the excess reserves ratio, the money multiplier and the money supply during this period.
In the per worker production function, what determines level of output per worker? Which one of these factors does Solow growth model consider to be exogenous?
What are the two determinants of the steadystate level of capital per worker? Why does capital per worker move to this steady-state level?
What are the four basic results of the Solow growth model? What is the model's chief weakness?
What about the regulation and deregulation of trucking?
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Calculate Japan's investment if net exports are 1% of GDP. Calculate Japan's exports if imports are valued at $650 billion.
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