Questions
What is currency manipulation and how do governments do it? Is China a currency manipulator? What...

What is currency manipulation and how do governments do it? Is China a currency manipulator? What does China gain by manipulating its currency? Is it a critical issue in the global economic dynamics? There are conflicting reports on the subject. Whats your opinion?

In: Economics

Will the Saudi economy rise if vision 2030 succeeds? about 500 words

Will the Saudi economy rise if vision 2030 succeeds?

about 500 words

In: Economics

Please come up with a diagram (i.e. using a two-player decision matrix such as the Prisoner's...

Please come up with a diagram (i.e. using a two-player decision matrix such as the Prisoner's Dilemma example in the Learning Notes) for an original game theory/prisoner's dilemma scenario (either in business, politics, or your own personal life), and explain what would be the most likely outcome of the scenario you have chosen.

more than 200 words please

In: Economics

a.Please explain what is the difference between a change in demand versus a change in quantity...

a.Please explain what is the difference between a change in demand versus a change in quantity demanded?

b.Why is it so important to differentiate between these similar-sounding terms?

c.What role do elasticities play in the decisions that individuals and firms make?

d.Consider a product you recently purchased – please state the product, and explain if you feel its demand is elastic, or inelastic, and why.

In: Economics

SOCIAL SECURITY OLD AGE INSURANCE IS THE TOPIC These are the topics to include: Part 1:...

SOCIAL SECURITY OLD AGE INSURANCE IS THE TOPIC

These are the topics to include:

  • Part 1: Use positive economics* to analyze the current situation.

  • Part 2: Use normative economics** to analyze the current situation. Do you believe the current situation comes down too much on the side of equity or efficiency? Explain.

  • Part 3: Come up with a plan for how you believe the situation could be improved. In this section, you will need to come up with at least one (1) specific policy that the government could implement and how you believe this policy will change the situation both domestically and potentially globally.
    *Positive economics is an analysis of facts; what is.

**Normative economics uses economics to make value judgments about the situation.


In: Economics

If you were the Economic Advisor to the President what would be your recommendation on nation's...

If you were the Economic Advisor to the President what would be your recommendation on nation's both domestic and international economic policy. Make sure you make economic nor emotional arguments regarding economic policy.

  • You have to read and gather information concerning economic developments and economic trends, both current and prospective. Then analyze and interpret current economic developments, review programs and activities of the Government.
  • You can provide recommendations for national economic policy to promote employment, production, and purchasing power under free competitive enterprise.
  • Discuss if such developments and trends are good for economy or not and how can country achieve better if you suggest any new policy.
  • Discuss if national economic policies to foster and promote free competitive enterprise, avoid economic fluctuations, increase employment, production, and purchasing power;
  • Discuss how to develop the US economy. You can discuss on the following points but not limited to- Booming Stock market, corporate investments and wealth creation; Job or employment opportunities for better futures; Needed tax cuts and reforms; Stronger businesses in different industry, startups, small business, Education

In: Economics

1A. The IS curve is downward sloping for which of the following reasons? lower interest rates...

1A.

The IS curve is downward sloping for which of the following reasons?

lower interest rates increase investment spending

Lower interest rates stimulate money growth

lower interest rates stimulate investment which then generates a multiplier effect on income

money growth creates a multiplier effect on spending

1B. In Keynes' liquidity theory of the interest rate wealth is considered fixed and individuals choose a portfolio of which of the following two assets

bonds and stocks

debt and equity

bonds, and commodities

money and bonds

1C. For Keynes swings in investor expectations could be wild, erratic and characterized by herd behavior. Keynes called these investor sentiments?

The Efficient Market Hypothesis

animal spirits

optimal forecasts

gambling

1D.

The figure depicts the effect of a decline in the real interest rate on investment. What could move the market to a point located at r1 and I0 ?

In increase in the interest rate

a decline in the interest rate

Bearishness

Bullishness

In: Economics

1. A liquidity trap occurs at a very flat section of the LM curve. This can...

1. A liquidity trap occurs at a very flat section of the LM curve. This can be cause by an extreme interest elasticity of money. Which of the following are associated with a liquidity trap?

expansionary monetary policy is ineffective

fiscal policy becomes ineffective

the expansionary prospects on additional money become limitless

inflation becomes a looming problem

1B. Which of following are determinants of money demand for the Keynesian model? (select all that apply)

transactions demand

the interest rate

speculative demand

futures contracts on commodities

1C. Keynes believed that the slope of the LM curve was rather     and that the slope of the IS was rather      . Thus fiscal policy would be an effective remedy for economic downturns.

flat, steep

flat, flat

steep, flat

steep, steep

In: Economics

According to the quantity theory of money, an increase in the money supply only raises the...

According to the quantity theory of money, an increase in the money supply only raises the
price level in the long run. This is because

A. the long-run aggregate supply is unaffected by the money supply, while the aggregate
demand increases when the money supply increases.

B. the long-run aggregate supply is lower when the money supply increases, while the aggregate demand is unaffected by the money supply.

C. the short-run aggregate supply and the aggregate demand both increase.

D. the effects of an increase in the money supply on the long-run aggregate supply and on
the aggregate demand cancel out.

In: Economics

On April 9, Statistics Canada published Labour Force Statistics for March 2020. Between February and March,...

On April 9, Statistics Canada published Labour Force Statistics for March 2020. Between February and March, 2020, employment fell by 5.3% nationwide. Last year, instead, the change in employment between February and March 2019 was 0%.

Using the model discussed in the lecture notes on chapter 6, discuss the impacts that this change in employment will have on GDP, consumption, national saving, the trade balance and the real exchange rate.

Remember that Canada is a small open economy currently running a small trade deficit.

There is no need to upload graphs in this question, simply discuss the impacts in words.

In: Economics

Do you agree that the changes in the economy will have a long-term effect after the...

Do you agree that the changes in the economy will have a long-term effect after the covid 19 pandemic?

In: Economics

What do you think life will look like in the Greater US in 2021 after COVID...

What do you think life will look like in the Greater US in 2021 after COVID 19?

In: Economics

Discuss why it might be a good or bad idea for banks to hold 100% of...

Discuss why it might be a good or bad idea for banks to hold 100% of their deposits? Also discuss what role is there for banks in a future world of cryptocurrencies like bitcoins.

In: Economics

How would each of the following impact the real wages and the number of unskilled workers...

How would each of the following impact the real wages and the number of unskilled workers on an automobile plant assembly line?

1. New technology increases worker productivity

2.Demand for the type of car made by the plant decrease

3. The eligibility age for social security falls (think about how this would affect the supply of labor)

In: Economics

How has your life been reshaped by the pandemic and will this change your behavior in...

How has your life been reshaped by the pandemic and will this change your behavior in the future?

In: Economics