10. If the marginal propensity to consume is 0.75 and investment spending decreases by $20 billion. Suppose all other aggregate expenditure components are autonomous, based on the Keynesian model, what will be the overall effect on GDP?

Select one:

a. GDP will decrease by $20 billion

b. GDP will increase by $15 billion

c. GDP will decrease by $80 billion

d. GDP will increase by $30 billion

e. GDP will decrease by $26.7 billion

11. One of the most serious effects of a banking panic (bank run) is that

Select one:

a. banks will not earn as much profit

b. banks will no longer be trusted by the public

c. people will not place their excess money in banking accounts

d. people may lose any accrued interest on their accounts

e. large withdrawals of cash lead to a severe decrease in reserves and ultimately in the money supply

12. Suppose that the prices of dairy products have risen relatively less than prices in general over the last several years. To which problem in the construction of the CPI is this situation most relevant?

Select one:

a. substitution bias

b. introduction of new goods

c. unmeasured quality change

d. income bias

e. None of the above

13. The demand for money

Select one:

a. is the demand for bonds

b. is the demand for loans

c. increases whenever the price level falls

d. reflects the wealth or asset allocation problem that people face

e. shows the people always demand as much money as possible

14. A rightward shift of the economy's labor supply curve would result from a(n)

Select one:

a. cut in income tax rates or an increase in welfare benefits to the needy

b. cut in income tax rates or a cut in benefits to the needy

c. increase in income tax rates or a cut in benefits to the needy

d. increase in income tax rates or an increase in benefits to the needy

e. cut in income tax rates or a freeze on benefits to the needy

15. Investment from abroad (or foreign direct investment)

Select one:

a. is a way for poor countries to learn the state-of-the-art technologies developed and used in richer countries

b. is viewed by economists as a way to increase growth

c. noften requires removing restrictions that governments have imposed on foreign ownership of domestic capital

d. All of the above are correct

e. None of the above is correct

16. Countercyclical fiscal policy has a serious problem with

Select one:

a. the timing of its enactment and impact

b. the easy reversibility of policy

c. the tendency of the central bank to immediately counter government's action

d. the courts as it has been held to be unconstitutional

e. Presidential executive orders

17. When implementing monetary policy, the variable the Federal Reserve watches most closely is the

Select one:

a. required reserve ratio

b. federal funds rate (Fed funds rate)

c. long term bond rate

d. national debt

e. short-term corporate bond rate

18. If there is a surplus of the domestic currency at a fixed exchange rate,

Select one:

a. the currency will depreciate

b. the currency will appreciate

c. the country must switch to a floating exchange rate

d. the central bank must buy up that excess supply or the domestic currency will depreciate

e. the central bank must buy up that excess supply or the domestic currency will appreciate

19. If the central bank lowered the required reserve ratio,

Select one:

a. excess reserves would decrease

b. the money supply would decrease

c. the money supply would increase

d. banks would borrow more from the central bank

e. loans would earn more interest

3. Do some Internet research to find out what it means for a company to create a “poison pill”? Why might a company do that? Some economists think poison pills should be illegal. What is their rationale?

Topic: Real-World Monopolies

Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly.

1. What characteristics of the industry make it a monopoly?
2. What is the impact of the monopoly power on its customers?
3. Why might government want to regulate natural monopolies?
4. How might such regulation be structured?

Topic: Role of Advertising

Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm.

1. Describe the business and its likely main competitors.
2. How would you structure your advertising and customer service to differentiate your product/service?
3. How easy would it be for new competitors to enter your market and erode your customer base or selling price?
4. What would be your prognosis for the long term profitability of such a business?
5. What could you do to protect that long term profit stream?

Briefly discuss some possible impacts of the coronovirus on long-run global growth in the context of growth model.

Will this acquisition boost current performance?

Will this acquisition lower or increase costs?

What is the right price to pay?

How would you avoid integration mistakes?

What other qualitative and quantitative information would you need to make your recommendation?

How would you present this information to the Board?

List and discuss several of the reasons behind the growth in services. Which of these do you consider to be the most important? Why?

1.(a) What would the biological growth curve look like if a critical stock size exists below which growth rates become negative and the stock evolves to zero? (b) What would be the efficiency implications of granting a fishery to one individual as a sole owner? (c). Why is there a difference between the maximum sustained yield and the economically efficient sustained yield?

Obi, Juan, Ken & Obi’s brother, Michael, started their own light saber business. They have decided to invest some of their money in only 1 of the following projects. All the projects have a required rate of return of 8% and a 5 year-useful life. Using rate of return analysis, which option should be selected?

How does psychological biases lead to poor investment decisions. How will these practices improve investment decisions?

minimum 150 words

Make a curve that illustrates the maximum point for a country's welfare. And explain it

When would it pay a seller to use group price discrimination AND nonlinear price discrimination at the same time? Give me 3 real-life examples. Include in your answer the definitions of group price and nonlinear discriminations. Include as much information as possible to answer the question.