A person planned to start a business venture in Muscat and decided to borrow a loan of OMR 52000 from Bank Muscat at an interest rate of 18 % per annum. Determine the following
a) Simple interest and total amount due after 12 years if no intermediate payments are made and interest is compounded annually.
b) Compound interest and total amount due after 9years if no intermediate payments are made and interest is compounded annually.
c) Compound interest after 9 years if the interest is compounded after 3 months.
d) Difference between simple interest and compound interest after 8 years.
e) Nominal and effective interest rate if the interest is compound after 2 months.

##all the answers must be perfect without any decimal place

Jeff has a monthly income of $400, which he spends each month on dinners (which cost $20 each) and movies. He finds that he maximizes his utility by spending half his income on dinners and ha lf on movies. His marginal rate of substitution at this bundle of goods is 0.4 (measured with dinners on the horizontal axis).

a. Given this information, what is the price of movies?

b. Draw Jeff's budget constraint and indifference curve at this optimal bundle. Label both axes appropriately.

c. Write an equation—in slope- intercept form—for Jeff's budget constraint.

d. What is the opportunity cost, in terms of dinners, of an additional movie? e. Now suppose the price of dinners changes to $25. Show on your diagram how the budget constraint will change. Can Jeff still afford his initial bundle from part b?

Question (2)

Consider a country that imports a good from abroad. For each of following statements, say whether it is true or false. Explain your answer.

1. “The greater the elasticity of demand, the greater the gains from trade.”
2. “If demand is perfectly inelastic, there are no gains from trade.”
3. “If demand is perfectly inelastic, consumers do not benefit from trade.”

As a detective seeking evidence [need to know investor]:

How well does Ford Motor focus and capitalize on individual differences?

How did Reagan’s policies reinforce the views and stereotypes that many white American had about social programs and the welfare state? What did the Reagan administration do to promote those stereotypes and beliefs? What stopped Democrats from being able to refute these stereotypes? What beliefs and stereotypes from this era still exist today?

1. What was the Embargo Act of 1807? Why do you think President Jefferson and others thought it was necessary to sign this act into law?

2. What similarities between the Embargo Act and the current economic tension between the U.S. and China do you see? How do they differ?

3. What lessons can we take from the failed Embargo Act as the threat of a trade war looms near?

Question (1)

The nation of Textilia does not allow imports of clothing. In its equilibrium without trade, a T-shirt costs $20, and the equilibrium quantity is 3 million T-shirts. One day, after reading Adam Smith’s The Wealth of Nations while on vacation, the president decides to open the Textilian market to international trade. The market price of a T-shirt falls to the world price of $16. The number of T-shirts consumed in Textilia rises to 4 million, while the number of T-shirts produced declines to 1 million.

1. Illustrate the situation just described in a graph. Your graph should show all the numbers.
2. Calculate the change in consumer surplus, producer surplus, and total surplus that results from opening up trade.

             (Hint: Recall that the area of a triangle is 0.5 × base ×height.)

Assume that the market of medical supplies is in perfect competition.

In early April, Trump administration proposed export bans on medical supplies. Suppose America is large economy and large exporter of medical goods.

Analyze the impact of the export bans on comsumer surplus, producer surplus, government revenue, and national welfare in the US. Use a graph to assist your analysis.

Is Ford Motor effective at developing and manging external partnerships? [As a need to know investor: Please have 200 words or more][Will give thumbs up]

Does Ford Motor employ sophisticated forecasting methods and monitor their performance? [As a need to know investor: Please have 200 words or more][Will give thumbs up]

How is an iPhone XS Max both a good and service? Write two paragraphs explaining how.

ETHICAL INQUIRY OF outsourcing in the United States?

Are Ford Motor JIT practice effectively developed? [As a need to know investor: Please have 200 words or more][Will give thumbs up]

1. An article entitled “The Income Elasticity of Health Care Spending in Developing and Developed Countries” by Farag et al, 2012 finds the following results (from Table 2 of the paper on page 153):

The authors ran two separate models. The first only controls for a country’s income (measured by gross domestic product). The other adds in country-specific attributes. All of the results are significant as indicated by ***. Answer the following questions: (30 points)

1. Are health care commodities normal goods? y/n
2. Would you say health care services as it relates to income is elastic based on Model 1? y/n
3. Once we control for indicators of how developed the country is (including any unobservable differences across countries by controlling for fixed effects) the income effect goes down. In other words, by controlling for more factors that explain health care spending, and are also related to GDP (which measures the country’s income), we come closer to the isolated effect of income. This provides support for which of the following economic concepts used repeatedly in our modeling?
   1. Complements
   2. Elasticities
   3. Ceterus parabus
   4. Consumer sovereignty

4. Would you classify health care as a necessity, or a luxury based on the income elasticity in Model 2 (the preferred model)?

In a perfectly competitive market for cases of plastic water bottles, market demand is given by PD = 30−QD and market supply is given by PS = 10+ 14QS (where QD and QS are the quantities of cases bought and sold, respectively).

(a) (2 points) What is the quantity of cases bought and sold in competitive equilibrium?

(b) (2 points) What is the price in competitive equilibrium?

(c) (2 points) Suppose that the government imposes a tax of $10 per case of plastic water bottles. How many cases are bought and sold after the tax?

(d) (2 points) What is the deadweight loss associated with the tax in part (c)?