Questions
What force drives a Keynesian model to equilibrium? a. Disequilibrium in resource markets b. Unintended changes...

What force drives a Keynesian model to equilibrium?

a. Disequilibrium in resource markets

b. Unintended changes in inventories

c. Government action

d. question: Keynesian models never reach equilibrium

In: Economics

read the following article excerpt: Robot in the factory and price rise for suppliers as Maleny...

read the following article excerpt: Robot in the factory and price rise for suppliers as Maleny Dairies for the future ABC News 28 november 2019.
Task: describe what you think some of the key costs would be for Maleny Dairies, and detail which are fixed costs and which are variable costs.
how do you think their current investment would impact costs.
depict these changes changes on a diagram showing ATC, AVC and MC under their old structure and under new structure and explain how this shows the changes that you have proposed

In: Economics

How does an economy produce a sustained equilibrium high rate of inflation in the medium run...

  1. How does an economy produce a sustained equilibrium high rate of inflation in the medium run with no change in the equilibrium value of the real exchange rate or in that of the economy’s international investment position?

In: Economics

While your country has an open capital account, your financial markets remain imperfectly integrated with those...

  1. While your country has an open capital account, your financial markets remain imperfectly integrated with those of the rest of the world. The central bank in your country targets the stock of domestic credit. One day, an IMF team arrives and convinces the Finance Minister that your country’s fiscal deficit is excessive. The Finance Minister persuades the parliament to pass a tax increase to reduce the deficit. Explain what effect you would expect this measure to have on:

    1. The aggregate price level and level of real GDP.

    2. The level of employment and the real wage.

    3. The level of exports, of imports, and of net exports.

In: Economics

A sum of $10,000 is gaining interest at 8% a year compounded monthly. What is the...

A sum of $10,000 is gaining interest at 8% a year compounded monthly. What is the future worth if you withdrew $25 a month for one year?

In: Economics

When a country imports petroleum, its national security would be in danger, if the petroleum exporting...

When a country imports petroleum, its national security would be in danger, if the petroleum exporting country imposes an embargo. The importing country may have petroleum reserves, but why would the country import petroleum despite the potential highstake national security? Explain.

10 marks question . pls use diagrams and lengthy explanations

question is part of environmental and natural resources economics

In: Economics

This is the assignment I have, I need the best game theory problem example for it...

This is the assignment I have, I need the best game theory problem example for it which is difficult. Thank you:)

Think of an example of a decision problem or a game theory problem. This time you
will have to submit the source of the story. You can take it from a newspaper, from
Internet, magazine, book...
1. Submit a photocopy or a printed version of your problem.
2. Simplify the problem and represent it using the concepts of game theory or
decision theory.
3. Solve it.
4. Compare your results with the real-life results.
5. In case the results do not coincide explain why. Which is the element that the
theory does not reflect?

Your grade will depend on:
1. The problem you have choosen (easy-difficult)
2. Your ability to represent the problem
3. Your knowledge of the methods we have used in class, that you are expected to
use to solve your problem
4. If you want an excelent grade, try to find problems in which game theory or
decision theory fails. For examples not taking into account emotions or framing
effects.

In: Economics

“COVID-19 Impacton Economy” Assume the economy of country A is in a long-run equilibrium with full...

“COVID-19 Impacton Economy”

Assume the economy of country A is in a long-run equilibrium with full employment. The nominal wage of workers are fixed in the short run.

a)Draw a graph which shows the short-run aggregate supply, long-run aggregate supply, and aggregate demand. Describe the equilibrium point and show each of the following:

i ) Equilibrium output, labelled Y1

ii) Equilibrium price level, labelled P1.

b)Owing to the outbreak of COVID19, the export market of country A has decreased. On your graph in part a), describe in detailsonthe effect of lower exporton the equilibrium in the short run, labelling the new equilibrium output and price level Y2 and P2, respectively.

c)Based on your result in part b), what is the impact of lower export on real wages in the short run? Explain.

d)Show, with a new graph,how the economy will return to its new equilibrium in the long run if the government does not intervene. Explain.

e)Suppose the government decides to increase expenditure on new equipment.

(i)What component of aggregate demand will change?Explain.

(ii)What is the impact on the long-run aggregate supply? Explain.

Remarks : From part a) to e), should illustrate with diagrams, graphs, tables and graphics to support arguments whenever appropriate

Words should be more than 500 words( total of a to e ) .

Please help !! Thank You .

In: Economics

Why is net profit better kept at retained earnings level rather than to be used to...

Why is net profit better kept at retained earnings level rather than to be used to reduce debt?

In: Economics

Being a student of macroeconomics, provide a short commentary (~200 words) on the expected macroeconomic situation...

Being a student of macroeconomics, provide a short commentary (~200 words) on the expected macroeconomic situation once we are on the other side of the pandemic (hopefully soon). Structure your commentary around the effects on any one of three markets – labor, goods or asset – that we have covered so far.

To support your commentary, find another article by an economist in any leading newspaper/journal (it can be a commentary on the Australian domestic economy, any other international economy or preferably a general global economic commentary). You just need to cite the article i.e. mention the title of the article, author and journal, do not copy.

In: Economics

Pick one educational policy related with student/teacher accountability and discuss its pros and cons. Do raise...

Pick one educational policy related with student/teacher accountability and discuss its pros and cons. Do raise a question at the end of your main post to keep the discussion going

In: Economics

You are the manager in a market composed of 6 firms, each of which has a...

You are the manager in a market composed of 6 firms, each of which has a 16.66 percent market share. In addition, each firm has a strong financial position and is located within a 100-mile radius of its competitors.

Instruction: Enter your responses rounded to the nearest penny (two decimal places).

a. Calculate the premerger Herfindahl-Hirschman index (HHI) for this market.

b. Suppose that any two of these firms merge. What is the postmerger HHI?

In: Economics

After reading chapter 16: Fiscal Policy, Discuss the necessary reforms that would be ideal for government...


After reading chapter 16: Fiscal Policy, Discuss the necessary reforms that would be ideal for government to keep social security solvent without accumulating debt. ( limit 150-200 words long)

In: Economics

Period Sales ($million) 2017 Q1 2874 2017 Q2 3000 2017 Q3 2913 2017 Q4 2916 2918...

Period

Sales ($million)

2017 Q1

2874

2017 Q2

3000

2017 Q3

2913

2017 Q4

2916

2918 Q1

2910

2018 Q2

3052

2018 Q3

3116

2018 Q4

3210

2019 Q1

3243

2019 Q2

3351

2019 Q3

3305

2019 Q4

3267

The above table represents the quarterly sales (measured in millions of dollars) for the Goodyear Tire from 2017 to 2019.

  1. Compute the 4-quarter moving average. Put your answers onto the table.
  2. Compute the 4-quarter centered moving average. Put your answers onto the table.
  3. Compute the seasonal factor. Put your answers onto the table.Compute the seasonal index. Put your answers onto the table.
  4. Compute the seasonal index. Put your answers onto the table.

In: Economics

Suppose that wages in Miami among the immigrant population are $20,000 a year and everywhere else...

Suppose that wages in Miami among the immigrant population are $20,000 a year and everywhere else outside the United States they are $10,000. Suppose the cost of migrating to Miami is proportional to how far someone must travel.   The cost of migrating is M=$36,000+ 20m, where m is the number of miles an immigrant’s origin country is from Miami. Please use this information to answer the following questions.

1. If Colombia is 1,500 miles from Miami, what is the maximum subjective discount factor that a Colombian migrant would have and still choose to immigrate to Miami?

2. If Cuba is 200 miles from Miami, what is the maximum subjective discount factor that a Cuban migrant could have and still choose to immigrate to Miami?

3. Based on the prior two questions should we see more migrants from Cuba or Colombia come to Miami?

Select one:

a. Cuba

b. Columbia

In: Economics