# All Questions

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### Rigorous proof needed: Acemoglu (Intro Growth) Corollary $2.1.2$

I am reading Acemoglu's intro to modern economic growth. But I am having trouble understanding his proof to a theorem related with stability. Here is the theorem: And here are some related ...
4answers
1k views

### Method of Lagrange multipliers with random variables

I'll illustrate the issue I'm having with a simple problem. Let $c_1, c_2 \in \mathbb{R}$, and $Z$ a real-valued random variable. Let $u:\mathbb{R} \rightarrow \mathbb{R}$ be a differentiable ...
3answers
129 views

### A question about Fixed effects estimation

I have a fixed effects model as follows: $Y = x_1, x_2, x_3$, (fixed effect), (error term) Is there any way I can check whether Cov($x_1$, (fixed effect)) is larger or smaller than 0? The panel ...
1answer
108 views

2answers
268 views

### What does my lecturer mean by “economic calculation”?

We got this essay question "It is argued that economic calculation should exclusively be based on individual utility maximization but include an altruistic concern for the common good and for other ...
1answer
491 views

### Questions on supply curve

I need advice on whether on my supply logic is correct. Question 1: Any point on the supply curve indicates the minimum price that a producer must receive in order to supply a specific quantity of ...
0answers
146 views

1answer
53 views

### As elasticity moves from negative to less negative, this causes prices to increase and profits to increase

Is there an intuitive way to understand why this is so. I want this explained in a layman's terms. I know negative means they are inversely related, which is what you would expect most items to follow....
1answer
176 views

### Taxes and the economy as a whole

Does reducing taxes generally lead to better economic performance? Does it lead to slowdowns in the economy?

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