Questions
Consider a one period macroeconomic model for the closed economy of the island of Anabel. Describe...

Consider a one period macroeconomic model for the closed economy of the island of Anabel. Describe the three agents in the model, the exogenous variables, and the endogenous variables in the model. Graph and describe the competitive equilibrium of Anabel's economy.

In: Economics

The price of oil in international markets has dropped stunningly 60% in the past twelve months....

The price of oil in international markets has dropped stunningly 60% in the past twelve months. Among the factors mentioned behind this drastic fall is the millions of barrels of oil produced in the US called shale oil.

Look at the supply and demand picture for this commodity and try to analyze its price action. Discuss the impact of price elasticity of supply and demand in the short and long terms.

Should be in 3-4  pages thanks

In: Economics

western civilization- explain in 50 to 75 words the most important reason why Germany OR Italy...

western civilization- explain in 50 to 75 words the most important reason why Germany OR Italy became a unified nation in the 1860s (Do not write about both).

In: Economics

This week's graded discussion forum requires students to demonstrate their understanding of market interest rates and...

This week's graded discussion forum requires students to demonstrate their understanding of market interest rates and the impact of interest rates on marketable securities. Marketable securities include low-interest return investments such as money market deposits and certificate of deposits, debt securities (bonds) with fixed coupon rate but fluctuating yields, and equity investments. To prepare for this assignment, students are to study the chapter readings and conduct additional research to prepare a short analysis posting of 400 words (min). See the description in Week 1 Readings for selection criteria for your article. The primary focus of the selected article must be specific to U.S. interest rates within the last 12 months.

In your analysis piece, synthesize the primary point(s) of your selected article with a minimum of two concepts presented in the required chapter readings (1, 2, and 3). In your analysis piece you are to describe and address each of the following:

  1. Why is your article relevant? Articulate the reasons for relevancy.
  2. What are the relationship(s) between the chapter concept(s) and your article and analyze the relationship(s)?
  3. What is the impact of the relationship to the investment policy of the firm, and/or individual investor?

In: Economics

Explain the Keynesian framework for aspect of aggregate output and aggregate demand

Explain the Keynesian framework for aspect of aggregate output and aggregate demand

In: Economics

The production function of a firm is given by Q(K,L) =15K^(1/4) L^(1/4) . Wage is $3...

The production function of a firm is given by Q(K,L) =15K^(1/4) L^(1/4) . Wage is

$3 per unit of labor (L), and rent is $6 per unit of capital (K).
(1) The firm’s objective is to produce Q units of output at minimum cost. Write the Lagrangian and derive the FONC.
(2) Find the optimal levels of K, L, and λ given Q.

(3) Find the minimum cost given Q = 100. Find the firm’s minimum cost functiongiven any Q.

(4) Explain the meaning of the optimal λ obtained in part (2).

(5) Check the SOSC.

Could someone help me with this question step by step? Thanks!!

In: Economics

What is the marketing strategy pursued by Ingvar Kamprad of IKEA in the American market and...

What is the marketing strategy pursued by Ingvar Kamprad of IKEA in the American market and led to its failure?
What are the factors that encourage the use of such a strategy?

case study Ikea in sweden.

In: Economics

You are an employee of an U.S. firm that produces personal computers in Thailand and then...

You are an employee of an U.S. firm that produces personal computers in Thailand and then exports them to the U.S. and other countries for sale. The personal computers were originally produced in Thailand to take advantage of relatively low labor costs and a skilled workforce. Other possible locations considered at that time were Malaysia and Hong Kong. The US government decides to impose punitive 100% ad valorem tariffs on imports of computers from Thailand to punish the country for administrative trade barriers that restrict U.S. exports to Thailand. How do you think your firm should respond? What does this tell you about the use of targeted trade barriers?

In: Economics

High-End Furniture Industry Analyses of internal environment and external environment )Internal risks External risks How risks...

High-End Furniture Industry

Analyses of internal environment and external environment )Internal risks External risks How risks will be avoided Actions when risks occur

In: Economics

please be original and use your own words Explain how absolute advantage and comparative advantage differ.

please be original and use your own words

Explain how absolute advantage and comparative advantage differ.

In: Economics

What is a political party? Why do we have political parties? What are the two main...

What is a political party? Why do we have political parties? What are the two main political parties the United States? What are the pros and cons of political parties? Do you think some individuals put their political party before their country (please give more than a yes or no answer)?

In: Economics

Discuss how multinational company move towards centralization and decentralisation.Discuss how multinational company move towards centralization and...

Discuss how multinational company move towards centralization and decentralisation.Discuss how multinational company move towards centralization and decentralisation.

In: Economics

be original and use your own words Consider the following events: Scientists reveal that eating oranges...

be original and use your own words

Consider the following events:
Scientists reveal that eating oranges decreases the risk of diabetes, and at the same time, farmers use a new fertilizer that makes orange trees produce more oranges. Illustrate and explain what effect these changes have on the equilibrium price and quantity of oranges.

In: Economics

Model saving as fixed (completely inelastic) like the book does for this problem. Draw diagrams to...

Model saving as fixed (completely inelastic) like the book does for this problem. Draw diagrams to determine the impact of the following event on the real interest rate. Event: a newly elected Congress cuts government purchases significantly. i. What happens to saving in your diagram? a. shifts right b. shifts left c. no shift ii. What happens to investment in your diagram? a. shifts right b. shifts left c. no shift iii. What happens to the equilibrium real interest rate? a. increase b. decrease c. no change iv. What happens to the equilibrium amount of saving? a. increase b. decrease c. no change iv. What happens to the equilibrium amount of investment? a. increase b. decrease c. no change

Starting with a new diagram do comparative statics like you did above for this event: investment demand decreases due to pessimism about business opportunities. v. What happens to saving in your diagram? a. shifts right b. shifts left c. no shift vi. What happens to investment in your diagram? a. shifts right b. shifts left c. no shift vii. What happens to the equilibrium real interest rate? a. increase b. decrease c. no change viii. What happens to the equilibrium amount of saving? a. increase b. decrease c. no change ix. What happens to the equilibrium amount of investment?

In: Economics

After reading Inside Out: Regional Networks and Industrial Adaptation In Silicon Valley and Route 128 by...

After reading Inside Out: Regional Networks and Industrial Adaptation In Silicon Valley and Route 128 by AnnaLee Saxenian answer the following:

1. Please provide a brief summary of the article

2. What are two major insights you get from the article

In: Economics