Questions
There are two major exchange rate systems that a country can adopt: flexible and fixed. Historically...

There are two major exchange rate systems that a country can adopt: flexible and fixed. Historically we have had each of these in the U.S. Debate the advantages and disadvantages of each of these two systems. Which one do you think is superior?

In: Economics

8. In order to address its Federal Budget Deficit, the Greek Government increased the tax rate...

8. In order to address its Federal Budget Deficit, the Greek Government increased the tax rate by 7% for the top 50th percentile of household incomes. Included in this law, the government loosened capital requirements for banks lending to start-up businesses in its newly emerging biochemical sector. If all else remains equal, using the concept of Aggregate Demand and Aggregate Supply, what will happen to Greece’s GDP and Price Level?  

In: Economics

There are many pros and cons associated with import restrictions. Choose a minimum of two of...

There are many pros and cons associated with import restrictions. Choose a minimum of two of these measures and discuss what you think the actual pros and cons are of each. Make sure to offer an adequate explanation of whichever restrictions you choose to examine.

In: Economics

Write a paper describing in detail your business interests or career plans and how constitutional law...

Write a paper describing in detail your business interests or career plans and how constitutional law applies to them. Build on what you discussed in your introduction on the first discussion board. Describe in detail what kind of business you want to own/operate or what occupational field you want to work in. Then describe at least three ways in which constitutional law applies to your business/field. For example, suppose your business needs property for its operations. You could explain how the constitutional law concept of eminent domain applies here and how it would effect your business. Think about some of the cases we’ve read and how they apply. One eminent domain case is Kelo v. New London. What type of business would qualify for eminent domain? Would yours? Why or why not? (think about the similarities and differences between your business venture and the business involved in Kelo. What type of business venture would you be involved in? Would it be interstate or intrastate commerce? Which level of government would have some power to regulate your business or industry, based on the commerce distinction? Why? These are some suggested areas to look at; feel free to add/substitute others. If you plan to hire employees, you should look think about the Court’s rulings that relate to racial and gender discrimination. For many students, federalism and commerce will be really important.

I would like to run a an international business buying cars from the United States and ship it to Senegal and sell it. I have to include 3 cases that deal with commerce with commerce and relate it to this

In: Economics

Suppose that your firm produces two products in fixed proportions, so that if you decide to...

Suppose that your firm produces two products in fixed proportions, so that if you decide to produce one more unit of X, your firm must also produce one more unit of Y. If TC = 100 + 3Q +½Q2 and the demand curves for X and Y are
QX=100-2PX, and QY=101-PY find the profit maximizing outputs.
(a) Find the expressions for MR for good X and good Y. (Hint: solve each demand curve for P, multiply by Q, take the first derivative with respect to Q to get MR.)
(b) Find the expression for MC.
(c) Find the profit maximizing output.
(d) Find the price of each good.

In: Economics

Inflation for the past several years has been 3% and people believe it will continue to...

Inflation for the past several years has been 3% and people believe it will continue to be 3% in the future. The economy starts out at full employment.

a. If a worker earned $20 an hour last year, how large is the raise you would expect the worker to receive in the next year’s contract? (Give a $ amount.)

b. If all workers experience the same percentage wage change, will the AS curve shift up or down? Briefly explain.

c. Will the Fed need to increase or decrease AD to keep the economy at full employment? Briefly explain.

In: Economics

Why do single - menber district tend to create a two part system in the governments...

Why do single - menber district tend to create a two part system in the governments that implement them?

Why do Proportional representation systems lead to more numerous and more disciplined parties?

In: Economics

Describe the FOUR main functions of bureaucracy and provide some examples of each. Also, How has...

Describe the FOUR main functions of bureaucracy and provide some examples of each.

Also, How has the size of the federal bureaucracy changed over the last 50 years?

In: Economics

The aggregate supply curve is a. a schedule showing the relationship between the price level and...

The aggregate supply curve is

a. a schedule showing the relationship between the price level and the quantity of real GDP supplied.

b. usually negatively sloped.

c. unaffected by the prices of inputs such as real wage rates.

d. All of the above are correct.

In: Economics

In at least 4 paragraphs discuss the social and economic costs of heavy reliance on automobiles...

In at least 4 paragraphs discuss the social and economic costs of heavy reliance on automobiles for transportation. Explain what alternative options policymakers can consider to reduce some of these costs.

In: Economics

1. In at least 4 paragraphs explain what Land Use regulation is and discuss how it...

1. In at least 4 paragraphs explain what Land Use regulation is and discuss how it can be used to promote segregation and affect the density of residential development.

In: Economics

Why did WWII best reflect the legacy of FDR's New Deal? -Can someone provide an answer...

Why did WWII best reflect the legacy of FDR's New Deal? -Can someone provide an answer with a few short examples?-

In: Economics

according to real bussiness cycle theory what is the source of business cycle?what is the role...

according to real bussiness cycle theory what is the source of business cycle?what is the role of fluctuations in the rate of technological change?how do real gdp and price level change if the forecast of inflation is incorrect

In: Economics

Health Econ Question: How do hospitals and physicians contribute to the rising costs of health care?

Health Econ Question: How do hospitals and physicians contribute to the rising costs of health care?

In: Economics

Perform a future value analysis for the following investment alternatives, using an interest rate of 8%...

Perform a future value analysis for the following investment alternatives, using an interest rate of 8% and a useful life of 10 years.

First cost
Annual benefits
Annual costs
Update cost in year 5
Residual value

Team A
$ 21,500
$ 3,000 the first year with a $ 500 annual increase
$ 2,000
$ 3,200
$ 4,000

Team B
$ 27,000
$ 4,000 the first year with a $ 400 annual increase
$ 3,500
$ 4,500
$ 3,500

In: Economics