Economics question and answers for July 12, 2023
- Q Savemore store is a retail store that sells many different typesof items and many different brands. The store has plain clothessecurity workers who walk around the store and watch customers...
- Q Explore the concept of being able to pursue a good life in theUnited States through historical change? For example life after WWII and the Great Depresion. Also how different ethnic...
- Q What is the sequence of events in the Relentless ProfitSqueeze and compare to the sequence of events facing amonopolyplease answer soon anyone
- Q Phillip was waiting for a bus at a bus stop. Across the streetand down the block, a mechanic negligently overinflated a tire hewas intending to put onto Marsha’s pickup truck....
- Q Discuss the tools and techniques best suited for resistance tochange?
- Q Consider the following regression equation for the United States(standard errors in parentheses):           where: Pt     = per capitapounds of pork consumed in time period t                       PRPt = the price of pork in time...
- Q 1.Explain why economists advocate that regulators usemarginal-cost and not average-cost pricing. Also explain whyregulators favor average cost pricing.2. Provide the formula for how a Public Utility Commissiondetermines the rate-of-return. Then...
- Q 1) Explain the similarities and differences betweenmonopolistically competitive markets, monopolies, and perfectlycompetitive markets.2) Does the presence of asymmetric information in a marketjustify governmental intervention? Justify your answer usingeconomic principles.3) Explain...
- Q Choose and research the cultural environment of a country thatit is not the United States. Appraise the cultural forces andimplications of making business in this social culture
- Q You operate your own small building company and have decidedto bid on a government contract to build a pedestrian walkway in anational park during the coming winter. The walkway is...
- Q Penetration pricing is the practice of setting a relatively lowprice to induce greater adoption by consumers and, thus, gaingreater market share†(Douglas, 2012). Utilizing a penetrationpricing strategy would be more...
- Q Suppose that the supply of bourbon (unit = 1 bottle) is given byP = 3Q. The demand forbourbon is given by P = 100 – Q. Suppose the governmentintroduces a...
- Q Analyze the following statements regarding the US externalposition:a. The deterioration of the Net Foreigner Asset position meansthat foreign holdings of US issued assets have increased whiledomestic holdings of foreign issued...
- Q What were the social effects of republicanism on groupssuch as African Americans, Native Americans and women since theAmerican Revolution. Your essay should cover the time period fromthe 1770s to the...
- Q True or False? The 2017 Tax Cuts and Jobs Act will make it morecostly for individuals to properly file their annual income taxes,but will likely increase charitable giving?
- Q What were some of the adverse economic outcomes, for BP andothers, arising from the Deepwater Horizon accident and thesuspension of all new domestic offshore drilling during theaccident investigation? Cite specific...
- Q I. The government in a certain economy has offered all businesssignificant investment tax credits. Firms as a result investheavily in new capital equipment and households have takenmortgages to buy new...
- Q Bilal’s utility function is U(x1; x2) = x1x2(assume x1 and x2 are normal goods). The price of good 1 is P1, theprice of good 2 isP2, and his income is...
- Q What is the difference between import-substitutionindustrialization and export-oriented industrialization, Why didone method seem to work better than the other as a means to helpcountries develop economically (have economic growth and...
- Q Suppose the monopolist has a cost function of TC=2q^2+20Q+40,and faces a market demand of P=300-3Q.a) In order to maximize profits, how much should the firmproduce?b) What price should the monopolist...
- Q A and B live in neighboring apartments with two commodities,money and smoke (from cigarettes). For A, both money and smoke aregood, and he is endowed with $eA. For B money...
- Q 1.You have retired after having a successful career and you havedecided to construct a swimming pool in your backyardwithin the next 12 months.a.) Complete a project over view for this...
- Q 1. Is there a presence of economic profit for Microsoft(Monopoly)?Long run-Short run-2. Is there a presence of economic profits for Netflix(oligopoly)?Long run-short run-3. Is there a presence of economic profits...
- Q Theabolition of the priestly office has been called the singlr mostpolitical chanfe of the Reformation. Comment on this.
- Q 5. Suppose that the price of gasoline rises sharply. What do youthink would happen to the demand for smaller, more efficient cars?For leisure goods (like above ground pools)? For employment...
- Q Comment on the recent annoucement by the US government to recognizeJerusalem as the capital of the Stare of Isarael?
- Q For most business firms that sells a particular good on themarket, a decision has to be made from time-to-time to either raisethe price of the good, lower the price of...
- Q Choose one of the questions below to discuss. (200 word min)1. What is meant by the term \"open economy\"? \"Closedeconomy?\"2. What imported goods do you often buy? How would you...
- Q What is the fair-return price for a regulated natural monopoly and why is thismore usual that thesocially optimal price?
- Q According to the long run money market model, if money supply isgrowing at 4% in theUnited States and 5% in the United Kingdom, while real GDP isrising at 2% in...
- Q The relationship between consumption and disposable income issuch that asGroup of answer choicesconsumption rises, disposable income fallsdisposable income rises, consumption fallsdisposable income rises, consumption risesdisposable income rises, saving fallsThe federal...
- Q . Suppose we started out at the steady state capital stock inthe basic Solow growth model. If the government increased thebudget deficit (ceteris paribus) with no effect on the demand...
- Q Why is the normal distribution so important? What's the big dealbehind it, and why do statisticians care so much? Are real-worlddata really normally distributed?
- Q Cloete and John are both well renowned businessmen inthe beautiful coastal town of Swakopmund. Though both men arerivals when it comes to business, sometime last year they have putaside their...
- Q What is your personal-best leadership story and what do youalready know firsthand about leadership from your experience?
- Q Economic growthDefinitionWhat factors cause economic growth?What is the role of productivity in economicgrowth?  Determination of the full-employmentquantity of labour in the labour marketUnderstand the role of the full-employment quantity oflabour in...
- Q vvUnit 7Assignment: Money, Banks, and the Federal ReserveSystemIn this Assignment,you will describe how money, banks, the Federal Reserve System, andthe effects on money growth based on the rate of inflation.
- Q Among the benefits offered by corporations, at least in theUnited States, is health insurance. One explanation for whycorporations offer such insurance is that this benefit is taxfavored: Companies can compensate...
- Q “Banks only lend money to those who don’t need it.†Discuss howthis old saying might apply to start-up entrepreneurs.
- Q Trade barriers are used by developed and developing countries asa mechanism to protect their economies. Explain at least two typesof trade barriers that apply to developed and developing countries?What are...
- Q What is Adverse Selection in Insurance? Suggest two general waysof ameliorating Adverse Selection in Insurance.
- Q Give opinion:Goodwill is a critical aspect of a business’s value. Itrepresents hours of work on the part of the employees of thecompany in the form of QA processes, customer service,...
- Q Explain trade problems that developing countries deal with. Pleaseuse a example from within the past year which explains thedifficulty a nation currently in the development stage would faceduring the process...
- Q Price Level & inflation  Definition of the Consumer Price Index andthe GDP deflatorCalculation of price index (e.g., CPI, GDPdeflator)Calculation of inflation (Note: inflation is the rate ofchange in a price index...
- Q Show how the United States’ balance of payments accounts areaffected when a Bolivian citizen borrows two million from U.S.banks to buy American farming equipment.
- Q To raise GDP, which of the following might the governmentdo?Contractionary Fiscal Policylower individual tax ratescause AD to shift leftdecrease Govt spendingIf AD is shifting left, which of the following is...
- Q Brazil is a very large emergingmarket that is becoming increasingly important in many MNEs’ globalsupply chains. Discuss what criteria should the companies useto make a decision on where to manufacture...
- Q Discuss the relationship between nodes/cores andperipheral regions. Use BC’s forestry sectors to explain thatrelationship in a staples economy.
- Q What problems could result if a nation got all of its investmentfunds from foreign savers?
- Q Explain company analysis techniques that precede strategy selectionto determine the appropriate organizational structure for itsstrategic plans. Outline the key issues behind the selection oforganizational structure. Explain various international structuresand types...
- Q The COVID virus has had an impact on all facets of our economy.Please discuss the impact it has had on each of the variables belowover the net 12 months. Explain...
- Q a) What does Friedman identify as the cause for the increasinglevels of public debt? b) Find an article related to fiscal crisisdue to the coronavirus, and then summarize the key...
- Q When it comes to a company’s personnel policies and procedures –that is, how it handles the hiring, firing, promoting, and payingof the people who work for it – what do...
- Q log(wagei) = β0 + β1edui + β2log(experi) + β3marriedi + β4blacki+ β5southi + β6urbaniUsing log(wagei) = 5.354 + .0628edui + .134experi + .218marriedi+ (-.198blacki) + (-.099southi) + .179urbani1. What is...
- Q How is global economyreshaping in COVID-19? (Include numbers or graphs).How UAE economy isaffected in COVID-19? (Include numbers or graphs).What strategies UAEgovernment has used to protect UAE economy in COVID -19...
- Q Describe the four scales of measurement and give anexample of how each could be applied in agriculture.
- Q The following table looks at the maximum amount of Televisionsand Machines that China and Japan can produce. Assume that thetrade-off between Televisions and Machine production in China andJapan is always...
- Q In the IS-LM model, analyze the effects of increasedoptimism among banks on all the endogenous variables (Y, r, I, S,C, T, L1, L2).
- Q Suppose that Meghan earns $2,000 this month, and $2,200 nextmonthwith a utility function over consumption in these two periodsgivenby U(C1, C2) = C1C2, where MUC1 = C2 and MUC2 =...
- Q In the U.S. agribusiness industry the farmer is a price takerand the businesses selling to and buying from farmers are pricemakers. True or False?
- Q Labour Market – Definition & measurementof:   Unemployment rate   Participation rate   Involuntary part-timerate   Working-age populationLabour force  EmploymentUnemployment Employment-population ratioTypes of unemployment – e.g., frictional, structural,cyclical  Definition of full employment (Tip: fullemployment does not mean zero unemployment)  Natural rate...
- Q Sandra “has it allâ€: a handsome and successfulhusband, a beautiful home in the city, and healthy gorgeous twingirls, aged 5. Most importantly, she is a busy venture capitalistwho invests...
- Q Suppose it is mid-2007 and the stock market has been growingrapidly for the past 5 years. Some economists argue that the stockmarket has become “overvalued†and thus a “crash†is...
- Q Suppose you are interested in conducting an economic evaluationof two alternative treatments for diabetes. What type of analysiswould be most appropriate and why? What outcomes would you considerin the analysis?
- Q Gross Domestic Product (GDP)Definition  Calculation – Expenditure and incomeapproaches  Final goods versus intermediategoods  Are used goods counted in GDP?  Are stocks and bonds (financial assets)counted in GDP?  How are inventories treated inGDP?  Calculation of real GDP...
- Q Market demand curve for a pair of Cournot duopolist is given asP = 36-3Q where Q = q1 + q2. The constant per unit marginal cost is18 for each firm....
- Q 1.      (True/False. Explain)Longer the duration of the loan, higher the interest rate.2.      (True/False. Explain)higher the risk of the loan, lower the interest rate.3.      (True/False. Explain) $1today is worth more than $1 tomorrow.4.      What is...
- Q Given recent events (Covid-19), how would answer the followingclaim, “Massive increases in fiscal stimulus, record deficits, anda rapid expansion of the Federal Reserve’s balance sheet willcontribute to a sharply higher...
- Q What is the future for Greece going to be like?countrys international trade involvement, as well as doing anyinternational business in that country?
- Q Hi,One definition of sustainablebusiness is \"Sustainable business, or green business, is anenterprise that has minimal negative impact on the global or localenvironment, community, society, or economy. Often, sustainablebusinesses have progressive...
- Q Please explain whichtypes of non-democratic regimes use clientelism and which ones usecorporatism? Why?
- Q Inresponse to the coronavirus the federal government is borrowingHUGE amounts of money. By the time you read this they will borrowan additional 1 trillion dollars this year.According to the Ricardian...
- Q You own goods A and B. You are considering increasing price ofgood A by 10%. Here is the information you have Pa = 20 Qa = 1000For each $1 increase...
- Q summarize the article \"the economist who would fix the americandream\"?Discuss the implications of dr. Chetty's work on the study ofincome inequality and poverty. How does this work raise thepossible?
- Q What are some economic implications of climate changeand/or environmental protections? How has COVID-19 impacted theimplications on the environment?
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