Economics question and answers for July 07, 2023
- Q Discuss the effects of a shock that increases oil prices in theAD-AS model. Be sure to explain also the problem ofstagflation.
- Q In the New Keynesian Macroeconomics business cycles are drivenby demand shocks, while in the New Classical Macroeconomics theyare driven by supply shocks. Explain this statement using yourknowledge of the AD-AS...
- Q Discuss the various types of frictions and distortions in laborand product markets that make the adjustments of wages and pricesslow, according to New Keynesian macroeconomists.
- Q Moneysupply = RM 500 billion, Nominal GDP = RM 10 trillion, Real GDP =RM 5 trillion.A.What is the price level?B.What is the velocity of money?C.What will happen to nominal GDP...
- Q Question 1:Fact I:Consider the following setup that follows thestandard Solow model in Country A.There are N consumers,eachendowed with one unit of available time.Consumers do not valueleisure and they divide output...
- Q Write a persuasive speech outline. Topic: childhood educationshould be free in North Carolina.The outline includes at least six highly credible sources withat least three from scholarly/academic journals or unbiased expertsources...
- Q Due to the pandemic of COVID-19 in the U.S., the price of U.S.crude oil contracts for May 2020 delivery has turned negative forthe first time in history. For instance, West...
- Q Hello, I'm confused on part 'C' on how to graph the answer Ireceived in part 'B'B. A steam boiler is required as part of the design of a newplant. The...
- Q Explain any two measures the government can use to controlinflation.
- Q Genovieve MacIntyre is an Australian resident taxpayer.Genovieve was studying nursing at Curtin University and had oneyear left of her degree. However, in 2018, she decided todiscontinue her studies and pursue...
- Q 1a) This article looks at how technological advancement canimpact employment (or workers). How can AI be a threat toemployment? In what ways it may actually be beneficial for workers?For firms?...
- Q What’s your thought on the future development of global economyin terms of the integration of countries through cross-nationalcooperation and agreements?Will the global economy more integrated or disintegrated?Will countries stress more...
- Q Character and Personality for the President Barrack Obama.Perhaps harder to determine but just as important in evaluating apresident are the personal qualities the person brings to theoffice. Historians have reached...
- Q 3. A small town has only one doctor. He charges a rich persontwice as much as a poor person for a similar consultation.a) How does this pricing policy relate to...
- Q Define business cycle and give indicators along each phase.
- Q All that is needed to solve is QUESTION 5 & itssub-parts...Asymmetric Information and SeparatingEquilibriumA population has two equal-sized members of \"healthy\"and \"unhealthy\" individuals. Members of each type have the same,identical,...
- Q During a particularly dry summer, officials in Tucson, AZ worrythat their existing water supplies are not large enough to meetresidents’ basic needs and they begin to discuss measures forreducing the...
- Q Identify the vast demand for natural resources in the East Asianrealm, the types of resources that are utilized, and how the highdemand has impacted the economies and histories of East...
- Q Determine if each statement is True/False6. An increase in the money supply shifts the LM curve to theright. Â Â 7. Expansionary monetary policy is not effective in increasingdomestic output under floating...
- Q What happens to the long-run equilibrium price and quantity ofcashew milk if almond milk becomes more expensive AND cashews (thatare used in the production of cashew milk) less expensive?Price increases...
- Q A ï¬rm has the following long run production function x =a(K^1/2)(L^1/2)(P^1/4), where a > 0 is a constant and K, L , Pare inputs of the three factors. The prices...
- Q 2.  Asmall community currently taxes residents to provide monthlycommunity concerts. Voter A currently pays a tax per concert equalto $50 per month. This voter receives a marginal benefit of $75...
- Q How would you contrast the efficiencies of oligopoly with thoseof monopoly?
- Q . Two friends are playing a matching card game where friend 1,Max, chooses an Ace, Two, or Three and friend 2, Lucy, plays King,Queen, or Jack. They both put $...
- Q Discuss the problems of measuring productivity in actual worksituations.How might productivity be measured for each of the followingindustries?a.Education(e.g.,elementaryandsecondaryeducation,highereducation—undergraduateand graduate)b. Government (e.g., the Social Security Office, the InternalRevenue Service)c. Manufacturing (e.g.,...
- Q List the factors change demand and shift the demand curve. Tellwhat happens to demand and the demand curve when there is anincrease in the factor
- Q Suppose you are the governor of the Bank of Canada. The economyis experiencing a sharp rise in the inflation rate. What changeswould you consider in:a) Open-market operationsb) The bank ratec)...
- Q The government of Ontario is the largest sub-national borrowerin the world, owing a whopping $359 billion as of March 31, 2019.Ontario debt to GDP ratio current stands at 41%. Please...
- Q Q1a Since Canada has an employment insurance program thatprovides income for those out of work, why should we worry aboutunemployment? Do you agree? Explain your ideas with logicalexamples.b: Some intellectuals...
- Q Can Economic Growth Survive Population Decline?The demographic transition is causing greying populations,shrinking labour forces, and overall population decreases in manynations. Can economic growth survive?As you know from this chapter, Real...
- Q Briefly explain why monopolists are neither productively norallocatively efficient and briefly describe what results from thesecircumstances.
- Q Write a paper on the coronavirus effects on US: GDP, economicgrowth, employment, inflation, consumption, investment. What policycan help: fiscal or Monetary or both?Notes: At least 5 pages, with data and...
- Q 1. Imagine that the Canadian economy in 2016 could be describedby the following demand determined model:Consumption: C = a + bYd + θWInvestment: I = I0Government Purchases: G = G0Exports:...
- Q howdoes wage theft effects employers ?
- Q According to the Stolper-Samuelson theorem, would youexpect capital owners across the globe to favor tariffs given thatdue to technological advances, production of most goods the worldover are capital intensive? Why...
- Q Using the Rybczynski Theorem,If you were a Capital owner, would you support foreigndirect investment coming into your country? Why or whynot?If you were a worker, would you support immigrationpolicies that...
- Q 1. What does your own labor supply curve look like? As the rateof your wages changes, what factors affect your willingness towork? What is a backward bending supply curve of...
- Q A rm has the following production function:y =L1/3K1/2(a) Does this production function exhibit increasing,decreasing, or constant returns to scale? Prove.(b) Suppose in the short run, capital is xed at K...
- Q 50) In pricing her line of Smart Phone Cases, Lucie Looremembers hearing that she needs to consider three decisions withrespect to pricing her product line. She seems to remember that...
- Q Answer this,Whatdo you think about the Affordable Care Act? Should it be amended inany way?  In your opinion will it be a good or bad thingin terms of controlling health care...
- Q ABC Distribution Center Inc. purchased special handlingequipment for beverage manufacture $20,000. The equipment may bedepreciated using the following three depreciation methods for 5years with a salvage value of $5,000.Develop depreciation...
- Q The demand for Greta’s Grinders can becharacterized by the following point elasticities: price elasticity= -0.8, cross-price elasticity with Melvin’s Mashers = -2, andincome elasticity = 1.2. Which of the following...
- Q Develop and discuss with examples of the personal computerindustry of apple/mac and windows  where appropriate thevarious aspects that make up Michael Porter's structural analysisof an oligopoly for personal computer industry of...
- Q A company's management is considering to buying a new machine. Anew machine will cost $25,000. Annual operating and maintenancecosts will be $8,000 in the first year, increasing by $400 eachyear....
- Q Suppose market demand and supply aregiven by Qd= 400-12P and Qs= -20 + 8P. If aprice floor of $20.00 is imposed,there will be a surplus of 10 units.there will be...
- Q Write a one-page short essay on ONE of thesetopics:H3.1 Many large companies have been buying back shares in recentyears. What are the consequences of this for the company’s balancesheet? What...
- Q Is the weighted voting system in the IMF, World Bank, and UNGeneral Assembly the best way the maximize worldwideprosperity?
- Q Jack and Jill are in the checkout lineat Walmart. In Jack’s basket he has 4 DIGIORNO Original Thin CrustSupreme Frozen Pizza and 2 half-gallons of Blue Bell Chocolate ChipCookie Dough....
- Q Question:Using consumption function explain the effect ofstrong exchange rate on investment within the UK economy?
- Q Min of 500 words, please. Must be passed plagiarism andmust be unique.Your significant other is offered his or her dream job.Unfortunately, you have to re-locate to an area that does...
- Q Prepare Porter's five force model of dairy industry in UnitedStates.Course- managerial economics
- Q 1. Are leadership and management different from one another? Ifso, how?2. What is the different trait and behavior theories? Ate thetheories valid?3. what is the main limitation of behavioral theories...
- Q Which of the following prohibits the federal and stategovernments from denying a citizen the right to vote based on thatcitizen's \"race, color, or previous condition of servitude\"?Group of answer choicesFederal...
- Q A review of the economic performance of Canadian economy byeconomists at the Bank of Canada suggests that the economy has aninflationary output gap.Explain how the Bank of Canada could use...
- Q Consider the Canadian economy that is in long run equilibriumwith output equal to Y*. The United States economy goes into amajor slowdown causing a significant decrease in goods and servicesshipped...
- Q a) Explain the three key functions of the Bank ofCanada.b) In the Canadian banking system, the target reserve ratio is20 per cent and the estimated value of the cash drain...
- Q Explain the role of fiscal policy during a recession. Give twoexamples and illustrate them with graphs.
- Q 15)The theory of international trade presented in Chapter 9 ofthe Mankiw text, shows that a tariff can reduce efficiency byreducing domestic consumption, but increase efficiency byincreasing domestic production.TrueFalse16)Table 5-1IncomeQuantity of...
- Q the highly customized approach to offering productsand services that match the need of a particular customer iscalled
- Q explain three factors that affect changes in politicalbehavior and culture and give examples
- Q How will oil production in Saudi Arabia, affectcompetition for the Stanley Cup in 2015-2016?
- Q Please use the economics knowledge you have learned so far toanalyze the case below. You can propose your own questions and thenanswer them. Remember, there is no absolutely correct answer...
- Q what role does 'team work' play on economics? Can you be anindependent person on this career?
- Q One of Matt's favourite brands is offering a deal on its’ hoodedjackets, which is sold at $100 a piece. The promotion claims thatyou can “get the second piece 50% off.â€...
- Q A machine costs $17,026 and is expected to have a scrap value of$2,432 whenever it is retired. Operating and Maintenance costs are$1,268 for the first year and expected to increase...
- Q 1. If inflation is expected to be relatively low, theninterest rates will tend to be relatively low, other things heldconstant.A. True B. False2. Ms Parker found two opportunities of investment...
- Q An industrial sewing machine costs $5,641 and is expected tohave a scrap value of $3,792 whenever it is retired. Operating andMaintenance costs are $1,038 for the first year and expected...
- Q Most governments accept the proposition that a relatively free flowof international trade is desirable for the health of theirindividual economies. But heated debates still occur over tradepolicy. Explain valid arguments...
- Q write about police corruption and injustice in the system
- Q What are the factors that affect the effectiveness of monetaryand fiscal policy?
- Q Suppose the Bank of Canada made an announcement that it wouldpurchase up to $500 billion of long term Canada bonds over thefollowing six month. What effect might this policy has...
- Q There are 750,000 residents in a city. Based on a governmentpoll, they fall within three groups regarding their willingness topay for the construction of a park.- 200,000 of the residents...
- Q You are asked to plan a budget of University of Connecticut forthe next year. The two major expenses involve computers, x1 andclassroom furniture, x2. The university utility function is givenbyU(x1,...
- Q Acemoglu and Robinson, in their book entitled, “Why NationsFail,†categorize institutions into two types: those that are‘inclusive’ and those that are ‘extractive’What are the major characteristics of these two types...
- Q Question 11 ptsIn a Pareto efficient allocation,Group of answer choicesthere are gains from trade still not captured in theeconomy.there is no way to make any person better off without makingsomeone...
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