How do you think recessions influence elections?

Explain, why Perfect Competition is regarded as the best market structure for the society?

The manager of the bank where you work tells you that your bank has $5 million in excess reserves. She also tells you that the bank has $300 million in deposits, $50 million in government bonds, and $200 million in loans. Show your bank’s T-account. What is the required reserve ratio? What is the money supply multiplier? Suppose a customer withdraws $10 million. Show your bank’s new T-account. Does your bank now still meet the minimum reserve requirement? If not, what should be done to resolve the issue? What will happen to the supply of money? by what amount?

What is the CSME?

What would you strengthen in the CSME?

(2) List the properties of indifference curves and explain the intuition behind each property (that is, why must the indifference curve obey this property)?

Provide two reasons why a country may not want to specialize totally in the production of the good in which it has a comparative advantage.

• What do you think were the reasons why Korea’s economy did not develop in the past?
• What challenges did Korea face?
• How could South Korea overcome these challenges?
• What were some of South Korea’s first exports?

1.For a certain data set, r=0.57. Say whether the following statements are true or false and explain.

a.There are no outliers

b.There is anon-linear association.

2.True/False: average values of x correspond to above average values of y. Explain.

Suppose R$ > R€ + (E_($/€)^e – E$/€)/E$/€. Explain how the foreign exchange market will get into equilibrium in this situation. (Hint: Do investors prefer holding dollar deposits or euro deposits? How will their actions affect E$/€?)

2. Traditionally, monopolies are harmful because they lead to higher prices for consumers. However, using Google for search is free. Are there any potential harmful effects of Google’s significant market power?

1. How has Google been effective in getting and maintaining monopoly power as a search engine? Is this sustainable?

Answer the following:

1. A bank makes a loan at a 7.0% nominal interest rate to a business. For each of the following scenarios, calculated the expected and actual real interest rates on the loan and state whether the bank is better-off, worse-off, or just as well-off as it expected.

1. Inflation was expected to be 4%, but actual inflation was 2%

2. Inflation was expected to be 3%, but actual inflation was 3%

3. Inflation was expected to be 2% and actual inflation was 4%

Caffeine Coffee Shops, Inc., sells franchises. Caffeine imposes on its franchisees standards of operation and personnel training methods. What is the potential pitfall to Caffeine if it exercises too much control over its franchisees?

Please explain in detail.

Find a job posting that interests you and is in line with your education and experience. This could be from a company website, a job posting site, in the newspaper, etc. Copy/paste or scan the job posting into a word document.

1. a. Define and describe a price discovery system in general.

b. Explain the two major types of price discovery systems. Provide at least 1 benefit and 1 disadvantage for each.

c. Define and describe a price-setting system in general.

d. Explain the three major types of price setting systems. Provide at least 1 benefit and 1 disadvantage of each.

e. Are these two systems independent of each other? Explain.