Economics question and answers for July 12, 2023
- Q Describe and explain the powers held by legislature within thesystem oif checks and balances which checks the powers of thegovernor and how the governor can check the powers of thelegislature?
- Q Howdid the election of Andrew Jackson in 1828 reflect those newoptions ?
- Q What explains the origins of wealth in the New World?
- Q This week’s discussion topic is about Gross Domestic Product(GDP), Per Capita GDP and Quality of Life. GDP is the market valueof all final goods and services produced in an economy...
- Q IncentivesEconomics is about how people (or governments, firms, etc) makechoices under uncertainty. We assume that people are rational,meaning that when they make decisions, they weigh the costs andbenefits of the...
- Q When insiders have a much greater impact on the wage-bargainingprocess than do outsiders, the negotiated wage is likely to be theequilibrium wage.A. about one-quarter of B. much less thanC. almost...
- Q Use the money market model to conduct the following analysis.For each of the following events, (i) say which curve shifts, (ii)say in which direction it shifts, and (iii) say in...
- Q Based on the simplified model of a choice between a domesticcurrency deposit in dollars and a foreign currency deposit inEuros, illustrate and explain the derivation of the AA curve ofKrugman-Obstfeld-Melitz....
- Q a) What is the difference between the short-run AS curve and thelong-run AS curve? Define each and explain the underlyingassumptions. What would cause each to shift either to the right...
- Q 1. A kebap shop and a fancy café are adjoin. Due to the kebapshop cause too much smoke and smell, the café loses costomers.There are number of costomers and profit...
- Q Describeand discuss the use of information systems to support supply chainmanagement in the TEVA. pharmaceutical?(700-800words)
- Q Please explain thedifference between judicial review and parliamentary sovereigntyand the trend towards judicial review after the end of the SecondWorld War.
- Q When it comes to marketing and communications, governmentcontractors and public sector IT providers face a set of uniquechallenges. The authors present 6 innovative B2G marketingstrategies. Select one of the six...
- Q QUESTION B3The figure below depicts aggregate demand and aggregate supplyin the nation of Pacifica in 2018.At the beginning of 2019, a wave of business optimism ledproducers to sharply increase their...
- Q With COVID-19 what are some thoughts and economicimpacts of the lower socioeconomic communities geting hit hard by?Why has the contamination of individuals forced the building ofsmaller communities?
- Q Select all of the production functions that exhibit constantreturns to scale.Q = min{K,L}Q = K + LQ = (K + L)2Q = KLQ = min{2K,3L}Q = K.3L.7Q = 2K +...
- Q Suppose the goods market in an economy is represented by thefollowing equations.C = 500 +0.5YD          I= 500 – 2000 i + 0.1Y      G =500X = 0.1Y* +100e         Q = 0.2Y-100e                  T...
- Q Define the major roles of governors and how their powerinfluences their leadership role and legislative relationship. Youressay should be at least 300 words in length.
- Q What do you think are the three most important qualities orskills a governor needs to possess in order to be successful inthat position? Explain why you feel they are the...
- Q Detail the components of state bureaucracy and the issuessurrounding representativeness and responsiveness. Your responseshould be at least 200 words in length.
- Q dont plagerizeand explain in your own words1. How (the primary way) money is created in the economy.In your explanation you must correctly apply the following terms:actual reserves,required reserves,and excessreserves.2. Why...
- Q International trade is a zero-sum game? whyWhen a nation imports materials and other inputs forproduction duty-free, its tariff policy generally results in anominal tariff rate less than the effective tariff...
- Q Which of the following statements about a firm’s cost structureare correct?(a) Average cost measures the firm’s cost of producing oneadditional unit.(b) Both average costs and average variable costs are alwaysupward...
- Q How does the coronavirus affect the aggregate demandcurve and the equilibrium? Explain in terms of output productionand unemployment?What is Fiscal Policy? Identify one item in the $2Trillion Stimulus Package. How...
- Q 6. (a) Is it economically fair (i.e., ethical) to buy low andsell high, globally? (b) Provide an example of a businessefficiently using this economic principle.
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