Questions
what was the importance of the louisiana purchase in 500 words why was the louisana purchase...

what was the importance of the louisiana purchase in 500 words

why was the louisana purchase impotant ?
please describe in 500 words

In: Economics

How did the Northwest Ordinance effect westward expansion of the United States?

How did the Northwest Ordinance effect westward expansion of the United States?

In: Economics

What is the Green Revolution? Write a short essay on the history and overview of the...

What is the Green Revolution? Write a short essay on the history and overview of the Green Revolution.(300) words

In: Economics

Consider the cash people carry in their wallets. This cash is part of the M1 money...

Consider the cash people carry in their wallets. This cash is part of the M1 money supply but not part of the M2 money supply.

True

False

When the bank makes a loan to a business, where does it get the money from?

from the purchase of government bonds

the bank's required reserves

the bank's excess reserves

the deposits held at the bank

When you compare the prices of two goods, you are using money as a medium of exchange.

True

False

If banks decide to hold a larger percentage of deposits on reserve then the money multiplier will increase.

True

False

In: Economics

Want your problems Did the Iraq war cost for the US and its allies around the...

Want your problems Did the Iraq war cost for the US and its allies around the world

In: Economics

In a blog Mr Bill Gates wrote, “You’ve probably never heard of CGIAR, but they are...

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.

In: Economics

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

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

In: Economics

Answer the following information by using the following data. Full employment occurs when GDP is $514...

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?

In: Economics

What connections can we make between the U.S. corn economy and the lives of the people...

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).

In: Economics

A company is considering the purchase of an industrial laser for $150,000. The device has a...

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.

In: Economics

The short-run aggregate supply curve slopes upward because of the:   Question 53 options: the catch-up effect...

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

Question 53 options:

the catch-up effect

wealth effect

real exchange rate effect

the sticky wage or sticky input price effect

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

Question 59 options:

booming; magnifies the losses; crashing; multiplies the gains

crashing; mitigates the losses; booming; mitigates the gains

None of these statements is true.

booming; multiplies the gains; crashing; magnifies the losses

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

consumption spending will increase, shifting aggregate demand to the right.

government spending will decrease in line with taxes.

consumption spending will decrease, shifting aggregate demand to the right.

investment spending will increase, which will increase the capital stock and shift short-run aggregate supply to the left.

In: Economics

1) What happens to U.S. real GDP and the price levelin the short run, when a...

1) What happens to U.S. real GDP and the price levelin the short run, when a major trading partner enters a recession (i.e. experience decrease in their real GDP)? Assume that initially the U.S. economy is at its long-run equilibrium.

a.) What happens to real GDP and the price level, if a country enters a war and experiences destruction of its human and physical capital stocks? Assume that initially the economy is at its long-run equilibrium.

b.) Suppose an economy is experiencing a recessionary gap. Explain the state of the labor market during the recessionary gap. How would wages and the short sun supply curve change following the recessionary gap?

In: Economics

3) Supply and demand for a competitive labor market for professional hockey players is described by...

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?

In: Economics

Question 1: Assume a new change in technology made using credit cards a lot easier, which...

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.

In: Economics

Question 2: Suppose there is a recession in the economy that is caused by a sudden...

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.

In: Economics