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
In: Economics
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 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: 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 both domestic and international economic policy. Make sure you make economic nor emotional arguments regarding economic policy.
In: Economics
1A.
The IS curve is downward sloping for which of the following reasons?
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lower interest rates increase investment spending |
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Lower interest rates stimulate money growth |
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lower interest rates stimulate investment which then generates a multiplier effect on income |
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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
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bonds and stocks |
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debt and equity |
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bonds, and commodities |
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money and bonds |
1C. For Keynes swings in investor expectations could be wild, erratic and characterized by herd behavior. Keynes called these investor sentiments?
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The Efficient Market Hypothesis |
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animal spirits |
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optimal forecasts |
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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 ?
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In increase in the interest rate |
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a decline in the interest rate |
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Bearishness |
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Bullishness |
In: Economics
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?
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expansionary monetary policy is ineffective |
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fiscal policy becomes ineffective |
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the expansionary prospects on additional money become limitless |
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inflation becomes a looming problem |
1B. Which of following are determinants of money demand for the Keynesian model? (select all that apply)
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transactions demand |
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the interest rate |
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speculative demand |
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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.
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flat, steep |
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flat, flat |
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steep, flat |
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steep, steep |
In: Economics
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, 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 covid 19 pandemic?
In: Economics
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 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 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 the future?
In: Economics