What equation does the FED use to set R according to π? What does m=0.5 mean?
In: Economics
What is the steady state and how it is determined in AS-AD model?
In: Economics
A small school has 100 students. You have been commissioned school photographer.
1. You have been offered to photograph a model action shot for a salary of $100 on the same day as the school photos are scheduled. You can’t do both. What is the limited resource, and as what kind of cost do you consider the missed salary of this photoshoot?
2. Without calculating, do you think parents’ price elasticity of demand for photos of their children is generally speaking price-elastic or price-inelastic (or neither/both)? Give your reason.
3. Since you are the only commissioned school photographer, you are a monopolist for this job. Suppose that you want to charge a uniform price per copy (i.e. be a single-price monopolist). From experience, you know that parents’ demand for copies of each child’s photograph is as given in the table below. Your marginal cost is constant at $2.00 per copy.
Price ($/copy) |
Quantity demanded per child |
10 |
1 |
8 |
2 |
6 |
3 |
4 |
4 |
2 |
5 |
1 |
6 |
a. How much will you charge to maximise your profit? How many copies per child will you sell? Include the steps of your calculations.
b. What is your profit from this job? Show your calculations.
c. How much is the parents’ consumer surplus? Show your calculations.
need the answers immediately!
In: Economics
a. Explain with a graph the effect of a government budget deficit in market for foreign-currency exchange!
b. Explain with a graph the effects when government imposes import quota on imported goods in market for market for foreign currency exchange!
c. Explain with a graph the effect of capital flight in a country!
In: Economics
Question 3: In the light of Purchasing-Power Parity theory explain how inflation rate a county affects its nominal exchange rate?
Question 4: Explain why and how net exports and net capital flow are related to each other. Does trade deficit necessarily create trouble for a county’s economic growth? Discuss.
In: Economics
Explain why and how net exports and net capital flow are related to each other. Does trade deficit necessarily create trouble for a county’s economic growth? Discuss.
In: Economics
Question 1: Elaborate with an example that how commercial banks create money under fractional-reserve banking. Elaborate the tools used by Central bank of a country to increase and decrease the money supply.
Question 2: Based on the material of the chapter “ money growth and inflation” of your text book explain how inflation starts in an economy? Why multinational companies feel unsafe to invest in those countries that have high inflation rate? Write your answer the light of your text book materials.
In: Economics
Based on the material of the chapter “ money growth and inflation” of your text book explain how inflation starts in an economy? Why multinational companies feel unsafe to invest in those countries that have high inflation rate? Write your answer the light of your text book materials
In: Economics
Derive and explain the key features of the flexible price monetary model. What, in your opinion, are its strengths and weaknesses?
In: Economics
1. Explain the two concepts of absolute and relative purchasing power parity. Do you believe that either absolute and/or relative PPP hold?
2. Why does the carry trade offer such attractive returns?
In: Economics
What are the determinants of demand for labor and supply of labor? How is the equilibrium wage rate determined in a labor market? Why a janitor gets lower wage than a heart surgeon? Why wage rates of all types of labor are lower in India and Pakistan than Saudi Arabia?
In: Economics
Can we forecast exchange rates? Justify your answer with empirical evidence.
In: Economics
Discuss the key factors that need to be considered when choosing the appropriate exchange rate regime for a currency. Give examples of at least four different regimes chosen by countries and justify why that regime was chosen. [HINT: choose examples from the full range between fully fixed and fully floating exchange rates]
In: Economics
2. a. The founder &samhoud has practiced
entrepreneurial leadership, do you agree or not? Please provide the
answer in detail
b. What do you think that make Samhoud so successful in leading his
company?
In: Economics
Explain why and how net exports and net capital flow are related to each other. Does trade deficit necessarily create trouble for a county’s economic growth? Discuss.
In: Economics