Questions
Was there a globalization backlash? Explain.

Was there a globalization backlash? Explain.

In: Economics

1) Which of the following may cause a departure from Equilibrium GDP: a. imports b. taxes...

1)

Which of the following may cause a departure from Equilibrium GDP:

a. imports

b. taxes

c. increase in savings

d. all the above

2)

Which of the following is NOT an ‘injection’ into the income-expenditures stream:

a. exports

b. government purchases

c. investment

d. imports

3)

A limitation of the Aggregate Expenditures model is that it doesn’t directly show:

a. price level changes

b. any role for net exports

c. investment spending

d. none of the above

4)

The Aggregate Demand (AD) curve may shift to the right due to:

a. rise in household debt spending

b. an increase in interest rates

c. higher business taxes

The Aggregate Demand (AD) curve may shift to the left due to:

  1. decline in real income

  2. higher business taxes

  3. fall in the price level

  4. reduction in household debt

In: Economics

What is thought to be the relationship between enclosure, the agricultural revolution and the development of...

What is thought to be the relationship between enclosure, the agricultural revolution and the development of capitalism?

In: Economics

Q-2. Will you brand with a company name, individual name, private-label brand, or multiple brands? Explain...

Q-2. Will you brand with a company name, individual name, private-label brand, or multiple brands? Explain in detail why? List and discuss any five considerations that you must consider while taking branding decision.

In: Economics

What is the present value of 500,000 fifteen years from now at a 4% interest rate...

What is the present value of 500,000 fifteen years from now at a 4% interest rate with exponential discounting? With hyperbolic discounting? When would you choose to use hyperbolic discounting instead of exponential discounting?

In: Economics

Which strategy is better for ensuring sustainability: Government Regulation or Market Self-Regulation? Give example.

Which strategy is better for ensuring sustainability: Government Regulation or Market Self-Regulation? Give example.

In: Economics

Explain how prejudice and discrimination are functional in society.

Explain how prejudice and discrimination are functional in society.

In: Economics

The table below shows the distribution of income in the U.S. in the year 1978. Table...

The table below shows the distribution of income in the U.S. in the year 1978.
Table 19.1

Percent Distribution of Aggregate Household Income in 1978, by Fifths of Households

Households

Percent of Income

Lowest Fifth
(under $6,391)

4.3

Second Fifth
($6,392 - $11,955)

10.3

Third Fifth
($11,956 - $18,122)

16.9

Fourth Fifth
($18,122 - $26,334)

24.7

Top Fifth
($26,335 and over)

43.9

Refer to Table 19.1. What percentage of income is received by the bottom 20% of the households?

a.

10.3%

b.

43.9%

c.

24.7%

d.

4.3%

e.

16.9%

According to Table 19.1, what percentage of income is received by the top 40% of the population?

a.

41.6%

b.

51.9%

c.

60.8%

d.

56.2%

e.

68.6%

In: Economics

cost of doing business in the USA

cost of doing business in the USA

In: Economics

How will the U.S. loan market be affected by the pandemic of COVID-19? State your understanding...

How will the U.S. loan market be affected by the pandemic of COVID-19?

State your understanding and carefully explain your arguments with economic tools and/or economic intuition, including the aspects of

  1. demand of credit;
  2. supply of credit;
  3. commercial banks’ reaction;
  4. equilibrium price and quantity without considering government actions;
  5. equilibrium price and quantity, given that the Fed injects money into the banking system in order to stimulate lending.

In: Economics

please i need from someone to do for me a English documented research essay on the...

please i need from someone to do for me a English documented research essay on the causes of the Lebanese economic crisis it should be composed from:

introduction, body 1 , body 2 , body 3, rebuttal, conclusion, links of articles that have be used to get information.

In: Economics

Assume the following productivity data for the US, Brazil and Mexico with regard to pineapple and...

Assume the following productivity data for the US, Brazil and Mexico with regard to pineapple and coffee production:

                                                                     Pineapples                                          Coffee

US (daily output per worker)                           30 lb                                                   15 lb

Brazil (daily output per worker)                       40 lb                                                   75 lb

Mexico (daily output per worker)             16 lb                                                   25 lb

QUESTION 1

Apply only the theory of absolute advantage.

What trade, if any, would we see between the US and Brazil?

a. No trade because Brazil has the absolute advantage in both products

b. Brazil will specialize in coffee and trade coffee for US pineapples

c. Brazil will specialize in pineapples and trade pineapples for US coffee

d. Brazil will buy both coffee and pineapples from US

QUESTION 2

Apply only the theory of absolute advantage.

What trade, if any, would we see between Mexico and Brazil?

a. No trade because Brazil has the absolute advantage in both products

b. Brazil will specialize in coffee and trade coffee for Mexican pineapples

c. Brazil will specialize in pineapples and trade pineapples for Mexican coffee

d. Brazil will buy both coffee and pineapples from Mexico

QUESTION 3

Apply only the theory of absolute advantage.

What trade, if any, would we see between Mexico and the US?

a. No trade because Mexico has the absolute advantage in both products

b. US will specialize in coffee and trade coffee for Mexican pineapples

c. US will specialize in pineapples and trade pineapples for Mexican coffee

d. No trade because US has absolute advantage in both products

QUESTION 4

Now apply the theory of comparative advantage.

What trade, if any, would we see between the US and Brazil?

a. No trade because Brazil has the absolute advantage in both products

b. Brazil will specialize in coffee and trade coffee for US pineapples

c. Brazil will specialize in pineapples and trade pineapples for US coffee

d. Brazil will buy both coffee and pineapples from US

The U.S. Congress proposes a law imposing tariffs and quotas to block most Brazilian coffee from entering the US market.

For each of the following groups, answer AGREE if you believe they would support, and be helped by, such a law. Answer DISAGREE if you believe they would oppose, and be hurt by, such a law.

QUESTION 5: US coffee consumers

Agree

Disagree

QUESTION 6: US coffee farmers

Agree

Disagree

QUESTION 7: US pineapple farmers

Agree

Disagree

QUESTION 8: Brazilian coffee farmers

Agree

Disagree

QUESTION 9: Mexican coffee farmers

Agree

Disagree

In: Economics

Imagine you’re the head of the Federal Reserve. You have decided to decrease the money supply...

Imagine you’re the head of the Federal Reserve. You have decided to decrease the money supply in the United States economy. Fully explain one way you can make this happen.

In: Economics

Indicate what happens, in the short run, to the aggregate demand curve (shift right or left),...

Indicate what happens, in the short run, to the aggregate demand curve (shift right or left), real GDP (increase or decrease), and the price level (increase or decrease) in each of the following cases:
a) The interest rate rises,
b) Wealth falls,
c) The dollar depreciates relative to foreign currencies,
d) Households expect lower prices in the future
e) Business taxes rise.

In: Economics

Why can we never expect frictional unemployment to be zero even when the economy is strong?

Why can we never expect frictional unemployment to be zero even when the economy is strong?

In: Economics