Questions
Issues surrounding trade protectionism and nationalist policies of some countries?

Issues surrounding trade protectionism and nationalist policies of some countries?

In: Economics

what is feminism and radical feminism ?

what is feminism and radical feminism ?

In: Economics

How did the Australian economy fare in the last 12 months in terms of output growth,...

How did the Australian economy fare in the last 12 months in terms of output growth, inflation and unemployment? Describe in detail the movements/trends observed for these variables.

In: Economics

The COVID virus has had an impact on all facets of our economy. Please discuss the...

The COVID virus has had an impact on all facets of our economy. Please discuss the impact it has had on each of the variables below over the net 12 months. Explain if the will increase, decrease, or remain unchanged and the reasoning behind your decision. You do not have to cite the textbook, but all other sources should be cited according to APA format.

1.G (government) 2.Exports 3. Government budget (T-G) 4.The value of our dollar in comparison to the US dollar. 5.The supply of money (M1) 6. The prime interest rate

In: Economics

write journal entry about the life of christopher mccandless ? from the article "Death of an...

write journal entry about the life of christopher mccandless ? from the article "Death of an Innocent" by John Krakauer.

In: Economics

1.Outline how counter cyclical fiscal policy and balanced budget fiscal policy would close a recessionary gap....

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

Q1 Which of the following is a key determinant of the price elasticity of supply? a)...

Q1 Which of the following is a key determinant of the price elasticity of supply?

a) the availability of substitutes in production
b) the slope of the supply curve
c) the time it takes to change output in response to a change in price
d)the available technology

Q2 Suppose when the price of jean jackets increased by 10 percent, the quantity supplied increased by 16 percent. Based on this information the price elasticity of supply of jean jackets is

A) 0.625
B) 1.6%
C) 6%
D) 1.6

Q3 According to a study of the U.S. demand for alcoholic beverages , the price elasticity of demand for beer is -0.30 . Which of the following could explain why the price elasticity of demand for beer is low ?

A)The price of beer is relatively low and for many people it is a habit forming product .

B)More and more people are switching to wine and cocktails rather than beer

C)Beer is an inferior alcoholic beverage

D). There are only a few major suppliers of beer .

Q4 The midpoint formula is used to measure the elasticity of demand between two points on a demand curve

A)in special cases when the percentage change in the quantity demanded is equal to the percentage change in price

B). when demand is elastic

C). to ensure that the elasticity has a negative value

D). to ensure that we have only one value of the price elasticity of demand between two points on a demand curve .


Q5 To calculate the price elasticity of demand we divide

A)the average price by the average quantity demanded.

B)Othe percentage change in quantity demanded by the percentage change in price.

C)rise by the run.

D)NO the percentage change in price by the percentage change in quantity demanded.

Q6 Which of the following statements about the price elasticity of demand along a downward - sloping linear demand curve is true ?

A)It is unit elastic throughout the demand curve .

B)It is perfectly elastic at very high prices and perfectly inelastic at very low prices

C)It is inelastic at high prices and elastic at low prices

D)It is elastic at high prices and inelastic at low prices

In: Economics

State which limitation of monetary policy best describes the following circumstances. That is, does it cause...

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...

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....

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...

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...

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...

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

The European Union promotes the benefits of the euro as a common currency for the 19...

The European Union promotes the benefits of the euro as a common currency for the 19 EU nations that have adopted it. What are possible disadvantages of using a common currency?

In: Economics

Analyze the political, economic, cultural and legal challenges the company currently faces in any of the...

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