Questions
3. What are the three main sources for economic growth in any economy? Describe each source....

3. What are the three main sources for economic growth in any economy? Describe each source.

4. How can increased investment help a country achieve increased economic growth? What are the costs involved?

In: Economics

Why was the U.S. trying to spread our influence to other nations? Could we have still...

Why was the U.S. trying to spread our influence to other nations? Could we have still traded with nations if they were communist or under the influence of the Soviet Union? Explain.

In: Economics

1. Suppose the government cuts transfer payments in an economy with an inflationary gap. How would...

1. Suppose the government cuts transfer payments in an economy with an inflationary gap. How would this policy affect bond prices, interest rates, investment, the exchange rate, net exports, real GDP, and the price level? Show your results graphically.

2. Given the nature of the implementation lag discussed in the text, discuss possible measures that might reduce the lag.

3. Federally funded student aid programs generally reduce benefits by $1 for every $1 that recipients earn. Do such programs represent government purchases or transfer payments? Are they automatic stabilizers?

4. The text notes that changes in oil prices can affect the inflation-unemployment outcome. Explain what effect changes in oil prices may have on these two variables.



2. Given the nature of the implementation lag discussed in the text, discuss possible measures that might reduce the lag.

In: Economics

the causes and consequences of that hyperinflation, and then state whether you think what occurred in...

the causes and consequences of that hyperinflation, and then state whether you think what occurred in Germany then could ever happen in the U.S. Support your point of view with cited, credible evidence and carefully considered arguments.

In: Economics

should companies report cybersecurity incidents or not? Is any policy needed around cybersecurity? Why?

should companies report cybersecurity incidents or not? Is any policy needed around cybersecurity? Why?

In: Economics

For each of the six business environments, identify at least one potential problem that your business...

For each of the six business environments, identify at least one potential problem that your business may face. Explain this problem in one or two sentences.

PLEASE MAKE COPY PASTE AVAILABLE

In: Economics

Respond to ONE of the following scenarios. Identify and discuss the relevant legal issues and discuss...

Respond to ONE of the following scenarios. Identify and discuss the relevant legal issues and discuss them fully. Specifically state what you think the outcome will be and why. In Questions #1, be sure to include the applicable general rule(s) as well as any exceptions and whether they apply.

1. Jim Bowie owns a lot in Starr County and wants to build a house according to a certain set of plans and specifications. He solicits bids from three building contractors as follows: George Kimbell bids $ 175,000; Green Jameson bids $170,000; and, Davy Crockett bids $ 166,000. Bowie accepts Crockett’s bid and construction begins. A month into the work, Crockett advises Bowie that due to an unexpected rise in fuel and materials costs, he will need $ 15,000 more to complete the project. Bowie raises a fuss, but after discussing the situation with the out-bid contractors who indicate that they cannot finish the contract for less, he agrees. When the house is finished, he refuses to pay the extra money. Discuss whether Bowie is legally required to pay the additional amount.

In: Economics

How did the Civil Rights Movement acheive its major legal and legislative victories between 1954 and...

How did the Civil Rights Movement acheive its major legal and legislative victories between 1954 and 1965?

In: Economics

Post a brief summary on the effects of globalization on health in Russia. Discuss one change...

Post a brief summary on the effects of globalization on health in Russia. Discuss one change in quality of life in post-transition Russia. Also, explain one change in mortality in post-transition Russia. Provide examples for both.

In: Economics

Explain each of the situation as to why they may or may not invalidate the Ricardian...

Explain each of the situation as to why they may or may not invalidate the Ricardian Equivalence proposition
a) There is an election for a new government every 3 years, and there are no rules requiring the government budget has to be balanced.
b) Individuals can borrow at an interest that is twice as high as the rate for bank deposits.
c) The country has a system whereby everybody will get exactly the same wage.
d) Individuals cannot save or lend, they have to consume every dollar of their after-tax income.

In: Economics

Write a two-page paper mentioning some opportunity costs of stricter government safety regulations to improve drug...

Write a two-page paper mentioning some opportunity costs of stricter government safety regulations to improve drug safety, and explain why the concept of opportunity cost is helpful for evaluating whether or not stricter safety regulations are in the public interest. Please be clear and concise about what you are trying to explain that relates to the above question.

In: Economics

The following data pertain to products A and B, both of which are purchased by Susan....

The following data pertain to products A and B, both of which are purchased by Susan. A is on vertical axis and B is on horizontal axis. Initially, the prices of the products and quantities consumed are:
PA= $8, QA= 5, PB= $6, QB= 10.
Susan has $100 to spend per time period. After an increase in price of B, the prices and quantities consumed are:
PA= $8, QA= 4, PB = $9, QB= 7.5.
Assume that Susan maximizes utility under both price conditions above. Also, note that if after the price increase enough income were given back to Susan to put her back on the original indifference curve, she would consume this combination of A and B:
QA= 10,QB= 4
a. Determine the change in consumption rate of good B due to (1) the substitution effect and (2) the income effect.
b. Determine if product B is a normal, inferior, or Giffengood. Explain.

In: Economics

Suppose that you have the following production function: ? = (100?^1/3)*(?^2/3) Where k represents the units...

Suppose that you have the following production function: ? = (100?^1/3)*(?^2/3) Where k represents the units of capital employed at production, L is the number of labor hours employed for total production. The wage rate equals to $18 per hour. The cost of capital equals $2,000 per unit.

a) What are the returns of scale for this production function? Prove it

b) You are currently employing 100 hours of labor. Calculate your total costs, average cost and marginal costs of labor and capital if K=100 units.

c) Which input is more productive? Should you employ more labor or more capital?

d) Draw the production function, MPK and MPL for the different values of K and L.

In: Economics

Consider and discuss how technology, population growth, and arising trends can impact various professions. Discuss how...

Consider and discuss how technology, population growth, and arising trends can impact various professions. Discuss how law enforcement may change as globalization continues.

In: Economics

US-China Trade War: - What is the future prospects/issue? - Briefly outline your view(s) on this...

US-China Trade War:

- What is the future prospects/issue?

- Briefly outline your view(s) on this international issue.

In: Economics