In 250 words describe Karl Marx predicted the downfall of capitalism. How do world events during the past fifty years indicate flaws in his prediction? please type
In: Economics
List three specific things that would cause the demand for ride-share services (i.e., Uber or Lyft) to shift. Use three different categories (all 5 listed below) of demand-shifters in your answer.
In: Economics
True or False and why..The Federal reserve monitors and regulates the supply of money in the economy.
In: Economics
In: Economics
Darren is considering adding three one‑year bonds to his portfolio. The face value on each bond is equal to $1,000.
If the current market interest rate is 44%, determine the present value (PV) of each bond. Enter your answers to two decimal places.
Face Value | Coupon | |
ABC Bond | $ 1,000 | 4% |
DEF Bond | $ 1,000 | 5% |
GHI Bond | $ 1,000 | 3% |
PV ABC : $
PV GHI: $
PV DEF: $
In: Economics
Utility function is U = 0.5 ln q1 + 0.5 ln q2
a) What is the compensated demand function for q1?
b) What is the uncompensated demand function for q1?
c) What is the difference between uncompensated demand functions and compensated demand functions?
In: Economics
The text defines the Malthusian trap as: “A point at which the world is no longer able to meet the food requirements of the population, and starvation becomes the primary check to population growth.” In other words, population will outpace food production.
Discuss whether you believe this trap has been avoided for the next 100 years. Consider government policies (like China’s one-child policy), the use of genetically engineered crops, social patterns of family size, and environmental factors.
In: Economics
What are the characteristics or assumptions of the monopoly model?
For each of the following markets explain the sources of monopoly power/barriers to entry: electric company, diamonds, new life-saving drug.
In what part of the demand curve will a monopolist operate? Why?
In: Economics
For each of the 3 causal questions (i, ii, and iii) answer the following (and label your answers clearly):
a. What is the outcome variable and what is the treatment?
b. Define the counterfactual outcomes Yi(0) and Yi(1)
c.What plausible causal channel(s) runs directly from the treatment to the outcome? In what direction would that push the results?
d.Is reverse causality a potential concern?
e.What are possible sources of selection and/or omitted variable bias in the raw comparison of outcomes and treatment status? Which way(s) would you expect the bias to go and why?
Questions
i.Many firms, particularly in poorer countries, are small and informal.Do informal firms grow more slowly than formal firms?
ii.Do students who come to class more get higher grades?
iii.Are countries whose governments are a larger part of the economy (ie G/GDP is larger) wealthier?
In: Economics
b) Explain at least two possible
i. Positive economic effects of devaluing the pula.
ii. Negative economic effects of devaluing the pula.
[12 marks]
In: Economics
Consider a one period macroeconomic model for the closed economy of the island of Anabel. Describe the three agents in the model, the exogenous variables, and the endogenous variables in the model. Graph and describe the competitive equilibrium of Anabel's economy.
In: Economics
The price of oil in international markets has dropped stunningly 60% in the past twelve months. Among the factors mentioned behind this drastic fall is the millions of barrels of oil produced in the US called shale oil.
Look at the supply and demand picture for this commodity and try to analyze its price action. Discuss the impact of price elasticity of supply and demand in the short and long terms.
Should be in 3-4 pages thanks
In: Economics
western civilization- explain in 50 to 75 words the most important reason why Germany OR Italy became a unified nation in the 1860s (Do not write about both).
In: Economics
This week's graded discussion forum requires students to demonstrate their understanding of market interest rates and the impact of interest rates on marketable securities. Marketable securities include low-interest return investments such as money market deposits and certificate of deposits, debt securities (bonds) with fixed coupon rate but fluctuating yields, and equity investments. To prepare for this assignment, students are to study the chapter readings and conduct additional research to prepare a short analysis posting of 400 words (min). See the description in Week 1 Readings for selection criteria for your article. The primary focus of the selected article must be specific to U.S. interest rates within the last 12 months.
In your analysis piece, synthesize the primary point(s) of your selected article with a minimum of two concepts presented in the required chapter readings (1, 2, and 3). In your analysis piece you are to describe and address each of the following:
In: Economics
Explain the Keynesian framework for aspect of aggregate output and aggregate demand
In: Economics