1.Outline how counter cyclical fiscal policy and balanced budget fiscal policy would close a recessionary gap. Be specific on goals, how each theory would achieve those goals, how they would close the gap, and potential negative effects.
2.According to monetary policy, explain how the Bank of Canada would react to a recession. Be specific on goals, how they would achieve those goals, how they would close the gap, and potential negative effects.
3.Please describe how the PPC curve represents scarcity, choice and opportunity cost.
4.Discuss the differences calculating GDP using the expenditure approach and income approach. Be specific, do not just write the formula.
In: Economics
In: Economics
State which limitation of monetary policy best describes the following circumstances. That is, does it cause a recognition lag, an implementation lag, or an impact lag.
A) A firm puts off purchasing a new building until it's sure long run interest rates will react to a cut in the Federal Funds rate.
B) A recession begins due to falling business optimism and falling planned investment but the Fed isn't monitoring investors sentiment very closely and doesn't know about the recession.
C) The FOMC meets but can't come to a conclusion as to what the proper course of action should be.
D) A bubble forms in the stock market setting up the stage for a crash but the Fed isn't able to tell the market is overvalued.
In: Economics
As has been played out since its inception, the use of the Patriot Act has been controversial on many levels, yet it has also proved to be a useful tool in fighting terrorism, and preventing another large-scale attack on American soil. Some see it as an absolute infringement on long-treasured civil liberties in the United States, while others see it as an absolute necessity to deal with the reality of modern terrorism.
Taken as a whole, how do you feel about the Patriot
Act? Do you agree with those who oppose or support the act, or are
you somewhere in between?
Do you think there is a way to possibly bridge the gap
between both parties at any point in the future, so that civil
liberties continue to thrive, while law enforcement and
intelligence agencies can continue to keep us safe?
In: Economics
One of President Obama’s most notable campaign promises was to close the Guantanamo Bay detention facility. However, as he learned shortly after his election, the promise was easier made than kept.
Why do you think President Obama has been unable to
close the facility to this point?
Is there a legitimate reason to continue to maintain
the facility? defend your answer.
Do you think there is a solution that could lead to
the closing of the facility in the future, that would keep all
parties involved satisfied? Defend your answer.
In: Economics
What events and conditions prompted the emergence of Corporate Governance in China? How has it developed and evolved (if any) over time?
Please provide sources if possible! Thank you!
In: Economics
Question 2 RTA is considering two options for its new office blocie High Initial Cost M & Costs = $ 4.5M / (ye) year ; Benefit = $ 11 M/year Disbenefits =$ 2M per year Life = 10 years ; Low Rise: Initial Cost= $ 54 M; M &O Costs =$ 3.5 M /year ; $ 15 Myear ; Disbenefits =$ 4.5 Mper year 20 years . Use j=11\% for both options .
In: Economics
1) One reason why economists often appear to disagree
when asked about the impact of some macroeconomic policies is
that
Select one:
a. they do not understand the economy very
well
b. economics is a very difficult science, and so there
are many incorrect economic projections being made
c. economists rarely disagree; people just think they
are disagreeing because they do not understand the language of
economics
d. economists often appear to be disagreeing when one
is talking about long-run impact while the other is referring to
short-run impacts
e. economists are by nature competitive individuals
and they often disagree
2) If a demand shock causes an economy to operate at a
point above potential GDP, then
Select one:
a. the aggregate supply curve will shift to return the
economy to the original point of equilibrium
b. the economy will correct itself through rising
wages and prices
c. this short-run equilibrium point will become the
new long-run equilibrium GDP
d. the economy will correct itself through falling
wage rates and prices
e. the shock is said to be a negative demand
shock
3)If a firm bakes cookies and sells them for $900
while spending $150 on sugar, $250 on chocolate, $100 on other
supplies, $100 on wages and $200 on rent, what is its value
added?
Select one:
a. $100
b. $200
c. $300
d. $400
e. $500
In: Economics
In: Economics
Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates
if we talk about Saudi Basic Industries Corporation (SABIC)
In: Economics
The market for paper in Scranton, PA, is perfectly competitive. It
has the demand function: ?? = 60 − ?
There are 10 firms in the market. Each firm has a marginal cost of:
?? = 2?
a. Determine the competitive equilibrium levels of price and output
in this market. (5 pts)
b. There is currently no attempt to regulate the dumping of
effluent into streams and rivers by the paper mills. As a result,
dumping is widespread. Each firm incurs a marginal external cost
of: ??? = 0.5?
Determine the socially efficient levels of price and output in this
market. (5 pts)
c. Assuming consumers do not bear the cost of the pollution,
calculate the difference in consumer surplus between your answers
in parts (a) and (b). (5 pts)
In: Economics
How De Beers achieved financial success in the diamond market?
Describe the micro- and macroeconomic implications of the De Beers strategy, differentiating between the two perspectives to demonstrate an understanding of both points of view.
In: Economics
The Tributary System was implemented by Imperial China to conduct diplomatic and trade
relations. The Belt and Road Initiative was launched in 2013 to increase global influence of
People’s Republic of China. Using ONE country in Central Asia as example, compare merits and
deficiencies of the above two programs. In view of the current economic situation, how likely will
the Belt and Road Initiative be successful? Why? (500 words)
In: Economics
Explain whether the economy is currently operating in the Keynesian, intermediate or neoclassical portion of the economy’s aggregate supply curve. Also, point out a time when the economy may have been operating at another portion of the aggregate supply curve.
In: Economics
AL Sawaidi Consultants provide business management and marketing services to SME businesses in Riyadh and AlKhobar, with 5 offices in premier locations. The business is expanding rapidly, and high performing analysts are identified for potential promotion.The corporate strategy is focused on growing local talent, while attracting top talent from the region to deliver innovative business processes in a competitive market.
Recently, the CEO noticed the following changes:
Saudi SMEs are moving on-line and embracing technology
Local talent are demanding higher salaries, while local competition increase all the time
Several clients are in very specialized areas, with current staff not having the KSAOs to match
Several high performing analysts are asking for training in non-core areas like "Blockchain", machine learning and AI technologies
The CEO asks you, as a Recruitment Specialist; what can be done to remain competitive.
essay"500 words, in your own words"
In: Economics