In a blog Mr Bill Gates wrote, “You’ve probably never heard of CGIAR, but they are essential to feeding our future.” Do you agree with Mr Gates? Why, Why not? Explain your answers with relevant information.

1. What role does a firm's strategy play in determining organizational structure? Why are boundaries problematic for firms with international strategies?

Answer the following information by using the following data. Full employment occurs when GDP is $514 billion. The economy’s equilibrium occurs when GDP is $510 billion. According to the classical economists what problem would be illustrated with this economy? According to Classical Theory, how would this problem be solved?

What connections can we make between the U.S. corn economy and the lives of the people picking tomatoes in Florida? (Trying to trace the connections that exist between corn fields in places like Iowa, push factors in Mexico, and the life histories of the people picking the tomatoes that we find at our local grocery stores).

A company is considering the purchase of an industrial laser for $150,000. The device has a useful life of five years and a salvage (market) value of $30,000 at the end of those five years. The before-tax cash flow is estimated to be $45,000 per year. The laser would be depreciated using MACRS with a recovery period of three years. If the effective income tax is 25% and the after-tax MARR is 15%, use the PW method on an after-tax basis to determine the profitability of the laser and make a recommendation.

The short-run aggregate supply curve slopes upward because of the:  

Question 53 options:

Fill in the blanks of the following sentence. When financial markets are ________, leverage ________; when they are ________, leverage ________.

Question 59 options:

f the government decreases the income tax rate, it assumes that:

3) Supply and demand for a competitive labor market for professional hockey players is described by the following equations, where quantity is measured in hundreds: P = 120 – 2Qd P = 20 + 3Qs Draw a graph of this labor market and calculate, and show, the equilibrium salary and quantity of players.

Assume there are 30 teams in a league. What is the effect of roster size per team being limited to 60? What is the effect of roster size per team being limited to 70?

Calculate the change in total surplus if roster size is changed from 60 to 50? As a whole, under which roster size limit are players better off?

Question 1: Assume a new change in technology made using credit cards a lot easier, which caused people to hold less cash.

a) What does this mean for the demand for money?

b) Using the supply and demand for money, can you show what is going to happen to the price level?

c) What can the Fed do in this situation to keep the price level stable? Show it using supply and demand.

Question 2: Suppose there is a recession in the economy that is caused by a sudden change in aggregate demand. a) Show the recession on a graph. What will happen to the price level, output and unemployment? b) Assuming no government intervention, what will happen in the long-run? c) Now suppose the government decides to intervene. What can be done? Is there a trade-off decision in this case? If there is, explain. d) Let’s assume that the recession in the economy was caused by a temporary increase in oil prices which shifts the short-run aggregate supply to the left. What will happen to the price level, output and unemployment? e) Now suppose the government decides to intervene. Is there a trade-off decision in this case? If there is, explain.

Question 1: a) Discuss why the aggregate demand curve is downward sloping. Give at least two reasons. b) Discuss why the short-run aggregate supply is upward sloping using the sticky wages argument. c) Discuss why the long-run aggregate supply is a vertical line? How is this related to monetary neutrality and classical dichotomy?

Think a sector, write whether in that sector according to your opinion, perfectly competitive market form is more desirable then a market with monopolistic competition or the other way around. Explain your view, connecting it to positive and negative characteristics of two market forms. (You can define desirability the way you want)

How can asymmetric information lead to a credit restriction that is mostly faced by local small businesses?

Why does vertical distance between AVC and SRATC gets smaller, as quantity produced increases for a typical company within the mainstram production model?

Show a complete graph for both of these shocks. You will need two graphs only, one for each shock. The graphs have to show:

-The new short run equilibrium immediately after the shock occurs.

-The new long run equilibrium.

-The transition to the long run equilibrium.

Properly label your axes and the curves in your graphs, and use arrows to show shifts of curves and the change in the price level and output.

The two shocks are: The stock market falls in value. Technology makes it cheaper to produce goods like toys and electronics that use plastic.