Use your own words (300 words +)
In: Economics
What is the effect of avaiation sector and maritime in corona vires related in ASEAN
In: Economics
Discuss four reasons why a labour market may not allocate labour efficiently. Include in your answer an example for each of the four reasons
In: Economics
If you live in a country with a political system that you are against(or you're not satisfied with it)
what political parties/movements would you use in order to change the current political system? Give a real life example
In: Economics
A traditional-furnace costs $224 and consumes $155 per year in fuel over its 11 year lifetime. A condensing-furnace costs $440 and consumes $80 per year in fuel over its 11 year lifetime. If interest rates are12% per year, which is the better investment?
In: Economics
a)How do we compare the price and quantity of a monopoly and perfectly competitive market?
b)Why will the perfectly competitive solution be the only efficient allocation?
In: Economics
In: Economics
Suppose interest parity does not hold exactly, but the true relationship is R = R∗ + (Ee − E)/E + ρ(B), where ρ(B) is a risk premium on domestic government bonds that positively depends on B. Suppose a temporary rise in domestic government spending is financed by issuing additional government debt (an increase in B) and makes do- mestic public bonds risk premium higher. Evaluate the policy’s output effects in this situation.
In: Economics
CH8
Suppose an economy produces three final products. Use the following table to calculate GDP and economic growth rate.
| Product | Base year price | Price in 2014 | Price in 2015 | Price in 2016 | Output 2014 | Output 2015 | Output 2016 |
| A | $2.00 | $3.00 | $3.30 | $3.60 | 150 | 160 | 170 |
| B | $3.00 | $4.50 | $4.80 | $5.00 | 100 | 110 | 130 |
| C | $4.00 | $5.50 | $6.00 | $6.30 | 110 | 120 | 125 |
Fill in the blanks of the next table. Numbers only without thousand separator.
| Item | Value |
| nominal GDP in 2014 | |
| nominal GDP in 2015 | |
| nominal GDP in 2016 | |
| real GDP in 2014 | |
| real GDP in 2015 | |
| real GDP in 2016 | |
| economic growth rate for 2016 | % |
An economy has four final products, A, B, C, and D. Please use the output and price information to complete the following table and answer questions. Do NOT use thousand separators and ignore decimals (e.g., two thousand as 2000).
| Product |
Base Year Price (a) |
Price 2016 (b) |
Price 2017 (c) |
Output 2016 (d) |
Output 2017 (e) |
Nominal value 2016 (b*d) |
Real value 2016 (a*d) |
Nominal value 2017 (c*e) |
Real value 2017 (a*e) |
| A | $20 | $22 | $23 | 500 | 550 | ||||
| B | $50 | $55 | $56 | 400 | 420 | ||||
| C | $25 | $30 | $31 | 1000 | 1050 | ||||
| D | $100 | $105 | $106 | 100 | 100 | ||||
| Nominal GDP | |||||||||
|
Real GDP |
The real GDP growth rate in 2017 = % (e.g., 7%)
Michigan based GM's production of Buicks in China is part of ________ GDP and part of _______ GNP; Japan's Honda's production of Accords in Kentucky is part of ______ GDP and part of _________ GNP, respectively.
A. China's; the U.S.; the U.S.; Japan's.
B. China's; the U.S.; the U.S.; the U.S..
C. U.S.; the U.S.; the U.S.; Japan's.
D. China's; the U.S.; Japan's; the U.S..
quiz 7
In: Economics
What are the differences between autoregressive and moving average models? Consider the following: model specifications, stationarity, the shapes of their autocorrelation and partial autocorrelation functions.
In: Economics
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy of a company in a foreign country could be technology based, quality based, or cost based. Explain what each strategy means in your own words.
2. In a knowledge economy, knowledge is the intensive factor of production. Comparing China and America, which country do you think has competitive advantage in a knowledge economy, China or America? Explain and justify your answer.
In: Economics
nour likes green pens. Yesterday, she opened his desk drawer and found no green pens. So, bought three green pens without worrying too much about their price. Assume that nour’s budget is M, denote X for green pens, and denote Y for all other goods.
a) Apply the Slutsky equation to nour’s demand for green pens as a Giffen good.
b) Graphically show nour’s demand for green pens using Marshallian and Hicksian demand curves from nour’s indifference curves.
c) On your graph, show the following very clearly: the Hicksian monetary compensation, the Hicksian substitution effect, the Marshallian income effect, and the total Marshallian demand effect
In: Economics
1. You are asked to analyze each of the following events using the Solow growth model (the events all happen at time 0): a) The investment rate rises in Tanzania. b) Immigration increases the population of France by 10%. c) An earthquake destroys 10% of the capital stock of Chile. (Hint: does steady state GDP per capita change in Chile?) d) Malaysia realizes a 10% rise in TFP due to technology transfer.
For each of these: Draw a Solow diagram to show what happens when the economy is initially in steady state. Explain how steady-state GDP per capita changes. Use algebra to help in your explanation. Does steady-state capital per capita change? Explain how the growth rate of GDP per capita changes at time 0. Explain how the economy adjusts from the short run to the long run after the change
In: Economics
Economics history question a). What does the arbitrage inequality tell us about trade costs if we know prices in both markets and markets are fully competitive? b). How can trade can rise even if trade costs do not change? c). Explain why the division of labor is determined by the “extent of the market”.
In: Economics
1. In August 2014, the US banks excess reserves (NBR) were equal to $2.699 trillion while they reached $2.087 trillion in January 2018 due to the historic ending of the Fed’s QE programs.
2. Since January 2009, the monthly average interest rate paid by the Federal Reserve Bank on both required reserve and excess reserve balances has been 25 basis points (0.25%).
3. The federal funds rate (overnight rate) in 2014 was 0.25%, while it was equal to 1.75% in 2018.
4. The Discount Rate in 2014 was 0.75%, while it was 2.25% in 2018.
Question1:
Explain in detail the different arguments for and against the Federal Reserve Bank independence?
In: Economics