6. The Elasticity of the Supply of Labor. What is it? How does this affect us? Give example.

Consider the following statement: “Devoting a larger share of national output to investment will imply a higher consumption per worker and a higher living standard.” Do you agree with this claim? Explain, using the Solow model.

Prepare a Market Analysis of a restaurant.

You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the following table. Project Boom (50%) Recession (50%) A $20 -$10 B -$10 $20 C $30 -$30 D $50 $50 If a manager adopted both project A and B simultaneously, the variance in returns associated with this joint project would be:

QUESTION 1

A tax on the buyers of smart watches encourages
    a.   sellers to supply a smaller quantity at every price.
   b.   sellers to supply a larger quantity at every price.
   c.   buyers to demand a larger quantity at every price.
   d.   buyers to demand a smaller quantity at every price.

QUESTION 2

Suppose that the demand for picture frames is highly inelastic, and the supply of picture frames is highly elastic. A tax of $1 per frame levied on picture frames will increase the price paid by buyers of picture frames by
    a.   less than $0.50.
   b.   $1.
   c.   $0.50.
   d.   between $0.50 and $1.

QUESTION 3

Which of the following statements is correct?
    a.   A tax levied on sellers always will be passed on completely to buyers.
   b.   Who bears the burden of a tax depends on the price elasticities of supply and demand.
   c.   Government can decide who ultimately pays a tax.
   d.   A tax levied on buyers will never be partially paid by sellers.

4. Explain the following problems associated with monetary policy
   1. Why are there limits to the extent we can use monetary policy to stimulate GDP?
   2. Explain the concept of a liquidity trap.
   3. What is the long run effect of a monetary expansion on the real economy?

Explain how to motivate managers with profit-sharing based on practical examples?

(American Government)

Is it always appropriate for the U.S. to become involved in international affairs? Why or why not?

How is the Law Implementation of Objects on Intellectual Property? please explain!

How has COVID-19 affected the growth of the United States Health Economy?

Please use the economics knowledge you have learned so far to analyze the case below. You can propose your own questions and then answer them. Remember, there is no absolutely correct answer to this exercise. Its purpose is to provide you an opportunity to demonstrate your ability to think like an economist by applying economic principles to interpret the logic of a real-world phenomenon.

Will Economic Reforms in Mexico Boost Economic Growth?

More than 18,000 U.S. companies, including Fortune 500 firms, have operations in Mexico. Proximity is to the United States is an advantage of doing business in Mexico but investing in Mexico is risky because of the presence of crime and corruption. The Mexican government has failed to fully establish the rule of law, which is critical for the long-term prospects of the Mexican economy. Mexican entrepreneurs also suffer from problems in the banking industry that make it difficult to obtain the funding needed to finance expansion

* write a report that STYLIZED FACTS between U.S. MONETARY POLICY AND GCC COUNTRIES banks

The Economic Growth​ Model's Prediction of​ Catch-Up

The economic growth model makes predictions about an​ economy's initial level of real GDP per capita relative to other economies and how fast the economy will grow in the future.

a. Consider the statistics in the following table. Are these statistics consistent with the economic growth​ model? Briefly explain.

b. Now consider the statistics in the following table. Are these statistics consistent with the economic growth​ model? Briefly explain.

c. Construct a new table that lists all nine​ countries, from the lowest real GDP per capita in 1960 to the​ highest, along with their growth rates. Are the statistics in your new table consistent with the economic growth​ model?

In order to start this coffee business, the Manager took a 300K loan from the bank. He/she will have to pay 10K monthly for three years.

a-Calculate the effective interest rate (per year).

b-If the coffee business makes a Revenue=19K/month and has an operational cost of 12K/Month, Calculate the PW if the study period is 5 years and the MARR is equal to 1.5% per month. Solve by Hand Please

write a report why spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices.

clarify