Questions
Why doesn't the Uniform Commercial Code cover patents? Please explain with a couple sentences.

Why doesn't the Uniform Commercial Code cover patents? Please explain with a couple sentences.

In: Economics

Explain the Phillips curve as old Keynesian economists saw it in the early 1960’s. What was...

Explain the Phillips curve as old Keynesian economists saw it in the early 1960’s. What was the relationship between inflation and unemployment, and why did Keynesian economists think of it as such?

In: Economics

Explain what adaptive expectations are, and how the Phillips curve is changed once adaptive expectations are...

Explain what adaptive expectations are, and how the Phillips curve is changed once adaptive expectations are employed.

In: Economics

List the three assumptions of the classical model, and illustrate how a negative shock to AD...

List the three assumptions of the classical model, and illustrate how a negative shock to AD would affect the labor market and the market for goods and services. Then show how a sudden desire on the part of households to save more would affect the market for loanable funds , as well as total demand for goods and services in the classical system. In both parts, explain clearly and label all graphs completely.

In: Economics

Do you expect to benefit from the research efforts sponsored by the American Cancer Society? Do...

Do you expect to benefit from the research efforts sponsored by the American Cancer Society? Do you contribute? If you answered “Yes,” then “No,” does this make you a free rider?

In: Economics

1. Which of the following quotes is a good description of the moral hazard problem? Milton...

1. Which of the following quotes is a good description of the moral hazard problem?

  1. Milton Friedman: “Nobody spends somebody else’s money as carefully as he spends his own. Nobody uses somebody else’s resources as carefully as he uses his own.”
  2. Di Lorenzo: “Whenever government allocates resources … the more affluent in the society will always receive a disproportionate share of the benefits.”
  3. Von Mises: “Motorcars, television sets and refrigerators do not make a man happy. As soon as some of his wishes are satisfied, new wishes spring up.”
  4. George Orwell: “On the whole human beings want to be good, but not too good, and not quite all the time.”

2. The primary enforcement mechanism for the 1962 Kefauver-Harris Amendments to the Food, Drug and Cosmetic Act was

  1. A shift in power from pharmaceutical companies to the FDA   
  2. Positive inducement in the form of patent protection for FDA-approved drugs
  3. A set of rules establishing standards for drug testing
  4. Negative inducement in the form of fines imposed on companies who bring unsafe drugs to the market

In: Economics

get any written contract (from any source) and then show the following elements of this contract:...

get any written contract (from any source) and then show the following elements of this contract:

1. The names of the contracting parties.

2. The date and the place of the contract.

3. The subject of the contract.

4. The consideration.

5. The main obligations of the contracting parties.

6. Any other specific terms and conditions.

In: Economics

I want a presentation report  (2000-2300 words) on the topic- "Fixed exchange rates and implications for global...

I want a presentation report  (2000-2300 words) on the topic- "Fixed exchange rates and implications for global trade".

It should include analysis and discussions. The  most important -  your point of view must be augmented.

In: Economics

2. which of the following statements is (are) correct? (x) The natural rate of unemployment is...

2. which of the following statements is (are) correct?
(x) The natural rate of unemployment is the rate of unemployment that the economy tends to move to in the long run and it is not dependent on the money supply.
(y) A vertical long-run Phillips curve is consistent with the principle of monetary neutrality and it implies that the natural rate of unemployment is independent of the inflation rate.
(z) Government policy that creates structural unemployment via minimum wage laws or a change in frictional unemployment via increased unemployment benefits can alter the natural rate of unemployment.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only

According to the long-run Phillips curve as described in the textbook, in the long run, unemployment depends upon factors such as
(x) the power of unions and minimum wage laws that alter the amount of structural unemployment.
(y) the nature of the job search process and the amount and duration of unemployment benefits.
(z) fiscal policy that reduces the amount of cyclical unemployment.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (z) only

In: Economics

Explain the external environment in which international business operates and evaluate its impact on business strategy.

Explain the external environment in which international business operates and evaluate its impact on business strategy.

In: Economics

The Energy and Environment Minister has asked you to advise her on promoting “green power.” She...

The Energy and Environment Minister has asked you to advise her on promoting “green power.” She has been given a proposal to offer a 1/c per kWh subsidy to green power. You suggest that she should instead impose a 1/c per kWh tax on power that isn’t green. She says that the cost advantage of green power is the same either way, but taxes are harder to sell politically. You still argue for the tax. Why? (Max 100 words)

In: Economics

Compare and contrast how the internet has changed "connections with customers".

Compare and contrast how the internet has changed "connections with customers".

In: Economics

Explain the concept of globalisation and explore its implications for business?

Explain the concept of globalisation and explore its implications for business?

In: Economics

Exercise 4 Analyze the Demand and Supply of the selected Foreign Exchange Market. Consider the exchange...

Exercise 4

Analyze the Demand and Supply of the selected Foreign Exchange Market.

Consider the exchange rate €/$ in the short-run. Answer the questions below and provide an example for each case:

  1. How can an increase of the expected inflation rate affect the equilibrium exchange rate (equilibrium point)?  (7 points)

  1. How can a decrease in the domestic productivity, due to a pandemic disease, affect the exchange rate? (6 points)

  1. Suppose that USA concluded a new international agreement with the EU. This agreement decreased the trade barriers between USA and EU substantially. Explain the consequences of this situation on the demanded quantity of US dollar assets. (6 points)

  1. How can the relative return on the US Dollar assets be affected by an increase of 1.1 points of the interest rate available in Europe? (6 points)

In: Economics

Suppose your government asked you to do research for the effects of the COVID 19 pandemic...

Suppose your government asked you to do research for the effects of the COVID 19 pandemic on the labor market and evaluate whether the announced policy responses so far will be enough to revitalize the market in the short and medium run, along with the possible challenges in implementing them. Describe in detail how would you conduct this research.

In: Economics