mention the basic concepts of the function of human resource

Please I want answers for these questions. Thanks

Note: I want them by typing not by hand writing

Q2

1. Explain why a market structure in which money is used as a medium of exchange is more conducive to the expansion of trade and exchange than a barter system.
2. What is money? Explain the three functions that money performs.
3. What is the relationship between money and inflation? Explain

Consider the aggregate demand/aggregate supply model of Chapter 10. Assume that the long-run aggregate supply curve is vertical at Y = 3,000 while the short-run aggregate supply curve is horizontal at P = 2. The aggregate demand curve is given by Y = MV(1/P), with M = 6,000 and V=1.

a) Suppose that there is an adverse supply shock that shifts the short-run supply curve upwards, to P = 3. What are the values of P and Y in the short-run equilibrium after this shock?

b) What changes (if any) in the values of P and Y would take place going from the short-run equilibrium of part A to the long run (assuming no other shocks occur)?

c) If the FED wants to avoid any changes in the level of Y as a response to the supply shock, what should be the change in the quantity of money M?

a. Based on table above, Plot the Production Possibilities Curve (PPC)
(2Marks)
b.What the opportunity cost of producing 20 thousand KG of Grapes
(Show your working) (2Marks)
c.What the opportunity cost of producing 150 thousand KG of Apples.
(Show your working)
d.If this country wants to produces 30 thousand kg of apples and 20 thousand kg
of grapes, is the combination achievable? (show this combination in your curve). If YES,
give a reason.
e.If this country wants to produces 120 thousand kg of apples and 40 thousand kg
of grapes, is the combination achievable? (Show this combination in your curve).
If NO, give a reason. ( 2 Marks

Please choose three questions from the following options. This should be in essay form and typed. Double spaced. 12-point font. Utilize the MLA Format when citing your work. Answer the following questions completely. Define the terms and theories and make the necessary connections to the real world. I am looking for real life and professional connections. These answers must be well thought out and substantiated. Make sure that you underline the term that you are defining and give a thorough explanation. You may use examples from the text, situations you know of, or simply create the scenarios. However, you must have clear real-life examples. Full credit will only be given if this format is followed. You should assume I know nothing about the subject matter.

Question 1

Why does economic growth matter? How do resources and technology contribute to economic growth? What institutions foster economic growth?

Question 2

How do macroeconomic theories evolve? What is the Solow growth model? How does technology affect growth? Why are institutions the key to economic growth?

Question 3

What is the aggregate demand – aggregate supply model? What is aggregate demand? What is aggregate supply? How does the aggregate demand-aggregate supply model help us understand the economy?

Question 4

How does the government spend?   How does the government tax?   What are the budget deficits?

The following income distribution data are for Brazil.

Brazil’s national income is about $350 billion. Assume that total national personal income is approximately equal to national income. (a) What is the approximate sum of incomes for everyone in the bottom 20%? (b) Bottom 40%?

Use the following to answer questions 11-14:

Suppose that firms A, B, C and D are Bertrand duopolists in the salt industry. The market demand curve can be specified as Q=100-3p, Q=q_A+q_B+q_C+q_D.

(The firms choose prices simultaneously.)

The cost to firm A is C(q_A)=7q_A.

The cost to firm B is C(q_B)=3q_B.

The cost to firm C is C(q_C)=7q_C

The cost to firm C is C(q_D)=3q_D

Firm A will earn? (piA=?)

Firm B will earn? (piB=?)

Firm C will earn? (piC=?)

Firm D will earn? (piD=?)

1. Discuss the roles of institutions in promoting business with suitable examples. 2. Critically evaluate the impact of globalization on the internal environment of business with suitable examples. i need references as well please

Consider the following market model: Qd t = 10 Qs t = −1 + 2Pt Pt+1 = Pt − 0.1(Qs t − Qd t ) where P is the price, Qd is the quantity demanded, Qs is the quantity supplied and t is time period. Set up a difference equation in terms of market price P, present its general solution, and draw a phase diagram(Cobweb Model).

What are the characteristics of the classical economy. explain the theories in terms of: price, value, currency, growth, distribution. explain the theories of classical economics and Adam Smith.

The U.S. and many other governments spend more then it raises in taxation almost every year. Since 1965 the federal government has balanced its budget 4 times (1969, 1998-2000). What are the moral aspects of this? What are the moral failings of the people (government and voters) that allow us to justify non-stop borrowing from the future to pay for current consumption? What should we do and why don't we do it?

Question 4: People decide how to “budget” their time in much the same way that they decide how to budget for different goods. Each person decides how much they “value” their leisure time versus their work time. The more people work, the more they tend to value their remaining leisure time. This is the justification for paying overtime to people working over 40 hours per week.

1. How might we model this trade-off economically using the basic labor supply model by showing the budget line and utility curves or indifference curves? In your graph of the basic labor supply, be sure to identify the optimum point of the budget line and the indifference curve.
2. Suppose that the government imposes a tax on labor. If a tax is imposed on labor, the worker will perceive this tax as a reduction in his or her wage. For every hour worked, the individual worker receives a lower return on his or her labor. Demonstrate the effects of this tax on labor supply using the graph in part a showing a graph of the income effect and the substitution effect. That is, there are two graphs. Summarize the impacts of this tax on labor.

Analyze the effect of the following events on the economy. Make sure to explain everything step-by-step. The example is provided in the first task.

a) The central bank increases the money supply.

Ms increases => interest rate decreases => investment increases =>Y increases

On the graph: LM shifts to the right; at the new equilibrium point, Y increases, interest rate decreases.

b) The government increases taxes.

c) The government increases government spending.

d) MPC increases.

e) the tax rate decreases.

2. The real demand for money (Md = Md (nominal)/P) is expressed as a linear function:

(1) Md = kY-hr

(2) Ms = Md

a)         Explain the sign of coefficients k and h. What types of money demand do they refer to?

b)         Explain why there is no equation for the money supply.

c)         Using equation (1), express i as the function of Y (simply solve it for r variable).

d)         Draw the function obtained in point (c)

why company management's matters?