In his Treatise on Money (1930) John Maynard Keynes adopted definitions of saving and investment which also recognized the possibility of their divergence. How does Keynes’s logic contrast with Hayek’s logic?

economics

The current overnight loans rate is 3 percent, with the Bank of Canada's operating band set at 2.75 to 3.25 percent. If the Bank of Canada lowers their operating band to 2.25 to 2.75 percent, which of the following is one of the reasons the overnight rate will fall to within this new range?

Question 44 options:

Contrast formal and informal communication.

Use Statistical Tables to test for serial correlation given the following Durbin-Watson d statistics for serial correlation. Draw a picture for hypothesis testing. State your hypothesis.

1. d=0.62, K=2, N=21, 5-percent, one-sided positive test
2. d=3.89, K=3 N=18, 5-percent, one-sided positive test
3. d=1.31, K=4, N=36, 5-percent, one-sided positive test
4. d=1.19, K=2, N=85, 5-percent, one-sided positive test
5. d=1.29, K=4, N=23, 5-percent, one-sided positive test

5.   Who do you think should be blamed for the collapse of the MBS market in the 2007-09 crisis? Why? (You need to name three parties that played a role and explain WHY they should be blamed.)

How would you satisfy both retailers and consumers when using revenue management tactics?

What is a pointed purpose of each WACC and NPV?

In many foreign countries a person cannot become a judge unless he or she first attended a formal college for judges, has passed a rigid set of exams or has had many years of specialized training. The United States, however, imposes no formal requirements whatsoever on a prospective federal judge; the presidential appointee need only be approved by the Senate. Would the U.S. benefit from emulating the model of other nations or has the U.S. system served the citizenry well?

Suppose that two identical firms are selling a product and that they are the only firms in the market. Total costs are Ci = 20Qi for each firm. The market demand curve is P = 80 – 0.5Q where Q = Q1 + Q2. The Cournot model describes the competition in this market. Using the above information, complete the below statements,

a.)If these two firms collude, their combined output is equal to

b.)If these two firms collude, each firm’s output is equal to

c.) If these two firms collude, the market prices is equal to

d.) If these two firms collude, their combined profit is equal to

e.) If these two firms collude, each firm’s profit is equal to

1. Which of the following is required in order for a firm to price discriminate?

a. The firm has price-setting power

b. Product re-sale is possible

c. There are multiple firms in the market

d. A firm knows everyone's willingness to sell

e. All of the above

2. Label each of the following statements as true/false.

a. Economies of scale is a source of monopoly price setting power.

b. In a monopoly market there are high barriers to entry, but in a competitive and oligopoly market there are low barriers to entry.   

c. In a competitive market and an oligopoly market firms sell differentiated products.   

d. At the long-run market equilibrium, firms in monopoly market can earn positive profit and firms in a competitive market must earn zero profit.   

e. A firm in any market will maximize profits by setting quantity such that marginal cost is equal to marginal revenue.   

f. Firms in monopoly and oligopoly markets have price-setting power.  

A marketing researcher wants to estimate the mean savings ($) realized by shoppers who showroom. Showrooming is the practice of inspecting products in retail stores and then purchasing the products online at a lower price. A random sample of 100 shoppers who recently purchased a consumer electronics item online after making a visit to a retail store yielded a mean savings of $58 and a standard deviation of $55.
a. Construct a 95% confidence interval estimate for the mean savings for all showroomers who purchased a consumer electronics item.

b. Suppose the owners of a consumer electronics retailer wants to estimate the total value of lost sales attributed to the next 1,000 showroomers that enter their retail store. How are the results in (a) useful in assisting the consumer electronics retailer in their estimation?

Our lives have been totally disrupted by COVID 19. People have been laid off, companies have been told to close and many people are working from home. In this paper I want you to discuss the impact of this crisis on supply and demand on a particular industry or product. Remember, that in microeconomics we don’t talk about an entire economy. The impact on GDP, unemployment and interest rates are macroeconomic topics, not microeconomic topics.

Choose a particular product or industry. When answering these questions, you need to conduct research to back up your opinion. Cite at least 3 articles that discuss the product or industry you have chosen.

1. Discuss the impact COVID 19 is having on demand for the product or industry you have chosen. What factors are causing demand to shift? Explain at least two of these factors. Is demand increasing or decreasing for the product?
2. Discuss the impact COVID 19 is having on supply for the product or industry you have chosen. What factors are causing supply to shift? Explain at least two of these factors. Is supply increasing or decreasing for the product?
3. Draw the demand and supply curves for this product before COVID 19. Point out equilibrium. Indicate, using labels and arrows what direction demand and supply have gone since the crisis has begun. Point out the new equilibrium. You do not have to make up numbers, but you need to accurately label demand, supply, and equilibrium, both for the original market and the current market after the impact of COVID 19 .

Briefly define, in your own words, the concepts of capitalism and socialism. Then list three pros and cons of each.