Questions
Look through Borgen Project website and answer questions. Keep answers short (ideally no more than a...

Look through Borgen Project website and answer questions. Keep answers short (ideally no more than a paragraph) and in your own words (no copy/pasting from the website).

1. How does addressing global poverty improve national security?

2. What are some strategies being used on the ground to improve living conditions for people living in extreme poverty?

3. What is your favorite video on The Borgen Project website and why?

  1. The Borgen Project… (Highlight which is most accurate)
    1. Sends teams of volunteers to build water wells in Africa.
    2. Focuses on advocacy and influencing members of Congress to better fund poverty-reduction programs.
    3. All of the above.
    4. None of the above
  2. Why does The Borgen Project want people calling and emailing their congressional leaders in support of poverty-reduction bills?

In: Economics

12. Suppose a monopoly firm faces the market demand Q = 500 – p and has...

12. Suppose a monopoly firm faces the market demand Q = 500 – p and has cost function C = 100 + Q2 . Find the firm’s profit, CS, PS, and DWL for the following scenarios:

a. The monopoly firm charges a single price

b. The monopoly firm perfectly price discriminate

c. The monopoly firm adopts a block-pricing schedule with 2 quantity blocks

In: Economics

a) Two techniques to estimate firm's economic of scales. b) Elaborate two factors that change the...

a) Two techniques to estimate firm's economic of scales.
b) Elaborate two factors that change the industry's degree of concentration.
c) How the degree of concentration influences the market performances of the industry?

In: Economics

Look through Borgen Project website and answer questions. Keep answers short (ideally no more than a...

Look through Borgen Project website and answer questions. Keep answers short (ideally no more than a paragraph) and in your own words (no copy/pasting from the website). Good luck!

  1. What is The Borgen Project?
  2. What is the story behind The Borgen Project?
  3. When it comes to helping the world’s poor, is the United States (Congress and the White House) doing enough? How does the U.S. compare to other wealthy nations?
  4. How does addressing global poverty improve the economy and create jobs in the United States?

In: Economics

Assume that the economy is at long run equilibrium,with unemplyment at 5% and inflation at 2%pa....

Assume that the economy is at long run equilibrium,with unemplyment at 5% and inflation at 2%pa.

Suppose a shock causes a very large increase in the cost of crude oil and gas. Assume that Ireland does not produce any oil or gas, and imports large amounts of oil and gas. The shock causes unemployment to rise to 9%, and inflation to rise to 4%pa.

(a) Using a large AD/AS diagram and a large Phillips curve diagram, illustrate the short-run effects of this shock on the Irish economy.

[assume that the oil cost shock causes v= 4%, that the price level is not sticky, and that beta symbol= 0.5 in the Phillips curve equation]

(b) Describe and illustrate a policy response that might help return the economy to its long-run equilibrium.

In: Economics

A monopoly firm sells its product to two countries: A and B. Demand in the two...

A monopoly firm sells its product to two countries: A and B. Demand in the two countries are QA = 100 – 2p and QB = 80 – p. Firm’s cost function is C = 100 + 10Q. Find the firm’s total profit and the prices it charges in the two countries.

In: Economics

Your textbook (Microeconomics 9th Edition) gives 3 “motives” for holding money. Please list one of these...

Your textbook (Microeconomics 9th Edition) gives 3 “motives” for holding money. Please list one of these motives and give an example, not the definition, of why you might hold money using the rationale of motive that you have selected.

In: Economics

Consider the following two demand segments: 120−4Q = P and 100−4Q = P assuming there’s a...

Consider the following two demand segments: 120−4Q = P and 100−4Q = P assuming there’s a constant marginal cost to serving either group, C(Q) = 60Q.

1. Find the optimal price, quantity and profits when the firm is able to practice third degree price discrimination.

2. Find the optimal price, quantity and profits when the firm is unable to practice third degree price discrimination.

3. Compute the price elasticity of demand associated with each optimal monopoly output in each segment. Do these results match what we would expect?

In: Economics

Suppose there are two types of demanders, casual: P = 500 − Q and hardcore: P...

Suppose there are two types of demanders, casual: P = 500 − Q and hardcore: P = 500 − 0.5Q; while the cost to serve all consumers is given by C(Q) = 200Q. For simplicity, we’ll assume there is just a single consumer of each type.

1. Find the optimal two part pricing scheme when all prospective customers must be offered the same fixed access fee and per-unit price.

2. Find the optimal two part pricing scheme when the firm is able to treat each demand segment as distinct from the other and therefore may offer a different access fee and per-unit price to each group.

In: Economics

TODAY? PRESENT TIME : What are some of the risks Wells Fargo faces with? Specifically what...

TODAY? PRESENT TIME : What are some of the risks Wells Fargo faces with? Specifically what and how?

economic conditions? how does this affect them? Regulatory policies? or the mortgage issue?

please give as many details!

In: Economics

What are the determinants of supply and demand in a market? Explain how these changes impact...

What are the determinants of supply and demand in a market? Explain how these changes impact on supply and demand and use examples to support your answer.

(this question is worth 25 marks)

In: Economics

What force drives a Keynesian model to equilibrium? a. Disequilibrium in resource markets b. Unintended changes...

What force drives a Keynesian model to equilibrium?

a. Disequilibrium in resource markets

b. Unintended changes in inventories

c. Government action

d. question: Keynesian models never reach equilibrium

In: Economics

read the following article excerpt: Robot in the factory and price rise for suppliers as Maleny...

read the following article excerpt: Robot in the factory and price rise for suppliers as Maleny Dairies for the future ABC News 28 november 2019.
Task: describe what you think some of the key costs would be for Maleny Dairies, and detail which are fixed costs and which are variable costs.
how do you think their current investment would impact costs.
depict these changes changes on a diagram showing ATC, AVC and MC under their old structure and under new structure and explain how this shows the changes that you have proposed

In: Economics

How does an economy produce a sustained equilibrium high rate of inflation in the medium run...

  1. How does an economy produce a sustained equilibrium high rate of inflation in the medium run with no change in the equilibrium value of the real exchange rate or in that of the economy’s international investment position?

In: Economics

While your country has an open capital account, your financial markets remain imperfectly integrated with those...

  1. While your country has an open capital account, your financial markets remain imperfectly integrated with those of the rest of the world. The central bank in your country targets the stock of domestic credit. One day, an IMF team arrives and convinces the Finance Minister that your country’s fiscal deficit is excessive. The Finance Minister persuades the parliament to pass a tax increase to reduce the deficit. Explain what effect you would expect this measure to have on:

    1. The aggregate price level and level of real GDP.

    2. The level of employment and the real wage.

    3. The level of exports, of imports, and of net exports.

In: Economics