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This document provides solutions to Problem Set 1 for an economics class. It addresses four questions: 1) It uses data from the BEA, BLS, and Census Bureau websites to analyze periods of economic decline and deflation in the US since 2007. 2) It uses a classical model to predict the impact of changes in capital stock, foreign investment, and productivity on wages, rental rates, and output. 3) It calculates Laspeyres, Paasche, and Fisher output growth indexes using computer and non-computer production d

Author

lalomg_strauss

Language

EN