Recomendations on how to improve the life of people in Cuba?
In: Economics
Illustrate and explain how the two fundamental theorems of welfare economics describe the relationship between competitive markets and Pareto efficiency.
In: Economics
An increase in aggregate demand that exceeds an increase in aggregate supply
In: Economics
Economists develop and apply models of market competition (pure competition, pure monopoly, monopolistic competition, oligopoly) to describe the conditions that impact price and output decisions made by managers of organizations. Real world markets can be described as existing along a continuum and exhibiting elements of competition and monopoly. Explain what is meant by that statement. In your response, identify some measures and characteristics that economists use to describe different market structures (i.e. how do economists distinguish between market structures?).
In: Economics
How would i start and go about implementing a momentum investment strategy over the next 60 years? in depth to see if i have gone in the right direction would be greatly appreciated
In: Economics
2. How do the fluctuations in the exchange rate influence the domestic price level?
3. What is a barter system? The drawbacks of this system are as follows:
4. Why is comparative advantage rather than absolute advantage the basis for trade?
5. Explain the concept of “lender of last resort.” What is discount rate?
In: Economics
The period of 1960-1985
represents an unusual time in our country’s economic history where
we experienced stagflation with high unemployment and high
inflation at the same time. Describe and discuss the causes of the
stagflation including Fiscal and monetary policy actions,various
serious crises, and Economic Goals. Outline the Monetary Policy
actions taken to alleviate the stagflation. Utilizing concepts
discussed in the course, what steps could be taken to protect the
economy from this environment in the future.
Please discuss and outline the arguments for and against the independence of the Federal Reserve Bank(Central Bank) from the Political Administration including the Congress. Which position is more persuasive to you and why?
Please discuss in 500 words or more.
In: Economics
Assume Haiti and Antigua are the only two countries that produce and consume fish and sugar. In a single year, Haiti can catch 50 tons of fish or produce 500 bags of sugar. In the same growing season, Antigua can catch 50 tons of fish or produce 750 bags of sugar. When the two countries begin trading fish for sugar, we expect the price of fish in Haiti:
In: Economics
What should be Brasil Foods' goals for growth and what are your recommendations for achieving these goals both domestically and internationally? Consider the opportunities for growth as well as challenges/hurdles for growth.
In: Economics
How does the market for lemons relate to the health insurance market?
In: Economics
A. What is the CARES Act, when was it passed, and what body was responsible for passing it?
B. Research one fiscal policy action included in the CARES Act. First, explain which curve(s) is/are expected to shift in the short run as a result of this action and why? Second, do you expect the action to have any effect on the long-run growth prospects of the economy? (Limit your answer to ~100 words)
In: Economics
Write a short essay based on current states of the US economy. Use one paragraph describing Fed's action, use one paragraph describing fiscal policy, and use at least one additional paragraph commenting on the potential effects of these policies using AS/AD framework.
do not copy others.
In: Economics
In the market for "home heating" consumers typically have
several options (e.g., electricity, heating fuel, natural gas,
propane, etc.), yet we often think of firms in this industry as
behaving like monopolists. Discuss the context in which your
electricity provider is a monopolist. Is this characterization
universally applicable? Explain your answer.
Explain how a profit-maximizing monopolist chooses its level of
output and the price of its goods.
Even when allowed to collude, firms in an oligopoly may choose
to cheat on their agreements with the rest of the cartel. Why? Same
thing happens in the Prisoners Dilemma.
What effect does the number of firms in an oligopoly have on the
characteristics of the market?
In: Economics
Does the phenomenon of externalities strengthen the argument
that we should rely upon the “invisible hand” of the marketplace,
or does it weaken that argument?
Sheryl sits on her patio and plays her guitar while her neighbors
are outside. Sheryl neither pays nor receives any compensation for
playing her guitar. Under what condition does her guitar-playing
give rise to a positive externality?
To produce honey, beekeepers place hives of bees in the fields of
farmers. As bees gather nectar, they pollinate the crops in the
fields, which increases the yields of these fields at no additional
cost to the farmer. What might be a reasonable private solution to
this externality, and how might the solution be reached?
In: Economics
What was the George W. Bush administration’s rationale for the invasion of Iraq in March 2003? Make sure to provide specific details and some kind of time line.
In: Economics