The power of the U.S. president has evolved since the great depression. Develop an argument to explain whether this evolving power has made the presidency a dangerous office.

Defensible thesis statement.

Suppose that a firm has the p production function f(x1; x2) = sqrt(x1) + x2^2.

(a) The marginal product of factor 1 (increases, decreases, stays constant) ------------ as the amount of factor 1 increases. The marginal product of factor 2 (increases, decreases, stays constant) ----------- as the amount of factor 2 increases.

(b) This production function does not satisfy the definition of increasing returns to scale, constant returns to scale, or decreasing returns to scale. How can this be?

(c)Find a combination of inputs such that doubling the amount of both inputs will more than double the amount of output.
___________________________________________________

The demand function for football tickets for a typical game at a large midwestern university is D(p) = 200, 000 -10, 000p. The university's football stadium holds a maximum of 100,000 spectators. On a clearly labelled graph, draw the inverse demand function and the marginal revenue function.

3. The UCC governs sales contracts, or contracts for the sale of goods. How does the UCC define a sale? Describe what goods are, who is a merchant, and how these fall into the context of a legal sale of product.

Develop an argument that explains whether the federal bureaucracy operates with sufficient checks and balances or whether it has too much discretionary authority to be a fully democratic element of government.

Defensible thesis statement/

Once consequence of income inequality is that high income individuals might engage in rent-seeking behavior. What is rent-seeking behavior and why is it bad for an economy?

One of the principle criticisms of the Malthusian model is that it fails to include a role for prices.   Provide a complete explanation as to why flexible prices serve to negate the predictions of the Malthusian model.

Assume that the following conditions​ exist:

a. All banks are fully loaned​ up- there are no excess​ reserves, and desired excess reserves are always zero.

b.

The money multiplier is

77.

c. The planned investment schedule is such that at a 4 percent rate of​ interest, Investment

​=$14501450

billion. At 5​ percent, investment is

​$14201420

billion.

d. The investment multiplier is

44.

e..

The initial equilibrium level of real GDP is

​$1313

trillion.

f. The equilibrium rate of interest is 4 percent

Now the Fed engages in contractionary monetary policy. It sells

​$22

billion worth of​ bonds, which reduces the money​ supply, which in turn raises the market rate of interest by 1 percentage point.

Calculate the decrease in money supply after​ FED's sale of​ bonds: ____billion

Equilibrium GPC decreases by: _____ billion

Calculate the new equilibrium level of real GPC ___ trillion

Explain the impacts of Canadian firms learning positive economic news about the future in the context of the market for loanable funds. For example, when the price of oil increases following the unexpected news that Saudi Arabia and Russia have made up and agreed to lower production to support the price of oil. Contrast the impacts if Canada is better approximated by a closed economy versus if Canada is better approximated by an open economy. Your answers do not need to go outside the impacts in the market for loanable funds.

Provide a social media marketing scenario where you would incorporate video content as a promotional tool. Discuss the product \ service you would select and specifically how would you promote it in detail via identified video sharing sites.

Analyse the growth pattern in the state that you live in. What are the development parameters that have shown positive impact in the last 5 years? Also what are the challenges that impede development?

Explain the relevance of Specialisation of tasks as propounded by Adam Smith with a relevant example which is of significance in present day scenario.

Suppose the central bank targets the money supply. As a result, the interest rate will ______ and output will ______ following an increase in government spending

A fall;rise

B rise;fall

C rise;rise

D fall; fall

What do you understand of Command and Control policies for pollution abatement? Given the current problem of India’s environmental pollution, which pollution abatement measure would you recommend, and why? Justify your answer in 10 bullet points

You’ve also heard me talk about how economists are looking at all sorts of micro indicators – like electricity usage, to get a sense of how bad the situation is (while they wait for the lower-frequency macro data to be collected.) North vs. South Korea are a good indicator of how prosperous they are relative to each other based on satellite images of their night-time electricity usage. (Google it!). What are economists finding out electricity usage during the time of the Pandemic? What’s it telling them? Again, this is investigative on your part – please report what you find, with appropriate citations, of course.