In: Economics
At the moment the government of Canada measures the strength and well-being of the nation through the GDP, which focuses on economic growth. It is assumed in this case that a country in which goods and services earn high market values is considered to be a 'good' country to live in and that people there are well off. But is this necessarily so? According to Waring, it is important to have an alternative indicator of well-being, ideally one which is arrived at collaboratively and collectively, and which takes a holistic approach to well-being. The Canadian Index of Well-Being has worked collaboratively to develop such a definition. In their words, well-being is defined as: “The presence of the highest possible quality of life in its full breadth of expression, focused on but not necessarily exclusive to: good living standards, robust health, a sustainable environment, vital communities, an educated populace, balanced time use, high levels of democratic participation, and access to and participation in leisure and culture” (CIW).
What do you think about this definition?
Is it complete enough?
What specific things would you include in such a definition?
In: Economics
a) What is the meaning of the term “middle class,” as defined by political economy? Explain its meaning in your own words to an audience that is not familiar with political economy.
b) What is the difference between the “old” middle class and the “new” middle class. Use contemporary examples (i.e. not those in the readings) to explain your answer.
c) Choose ONE segment of the middle class (i.e. old or new). Then discuss how EACH stage of US capitalism has affected that segment of the middle class. How have changes in the institutional setting of accumulation strengthened (or weakened) that segment of the middle class?
In: Economics
Research - Product launch failing to comply to regulations or standards - minimum 2 pages, no maximum. Brief product descriptions, company descriptions, detailed explanation of situation and which regulations were in question. why did the product fail to meet regulations? What can you learn from this? What was the outcome and did the company face fines or worse?
1000 words
In: Economics
WHY COLLEGES NEED SECURITY FOR ON-CAMPUS HOUSING AFTER COVID-19 PANDEMIC? (300-500 words)
In: Economics
In: Economics
4. Answer parts (a) and (b) of this question. Venture capitalists rely relatively heavily on criteria relating to characteristics of the inventor (for example, whether he/she is capable of sustained effort) when deciding whether to fund a new innovation-based venture. On the other hand, internal review procedures tend to rely relatively heavily on criteria relating to characteristics of the invention (for example, whether the invention is technically feasible). (a) [25 marks] Explain the meaning of the terms “adverse selection" and “moral hazard". (b) [25marks ]Describe the main characteristics of venture capital. In what sense can venture capital be seen as a response to adverse selection and moral hazard in the market for funding new innovations?
In: Economics
Texas Government class.
Given the geographic, economic, and population diversity of Texas, how does the state maintain the one-party dominated provincialism that dominates Texas' political culture?
In: Economics
Two alternatives for purchasing a new printing machine (from providers A and B) are being considered for a production upgrade of a printing facility. Alternative A has a life of 2 years, first cost of $1200, annual reduction in maintenance cost (can be treated as revenue in this cash flow) of $650, and salvage value after 2 years of $250. Alternative B has a life of 3 years, first cost of $1650, annual reduction in maintenance cost of $790, and salvage value after 3 years of $250. MARR = 8%. Alternatives are replicable in the future. Calculate the NPW of each alternative. Show calculation steps leading to this choice and provide explanations whenever possible.
In: Economics
PROMPT: The article contains a passage which
says: David Jacob, who joined S&P in 2008 to head
its structured-finance sector, says he ran monthly reports
explaining to his boss why S&P wasn’t selected to rate deals.
The answer was almost always that its criteria were tougher than
another’s. “Little by little it weakens,” says Mr.
Jacob, who lost his job in a reorganization in 2012 and is retired.
“If you have the tightest criteria, who’s going to use you?…The
incentives are wrong. They stayed wrong.”
Comment on the market for bond ratings, including who should pay
the rating agency that does the work to rate the bonds
In: Economics
Two mutually exclusive alternatives are bring considered: A and B. Both alternatives cost $1,200 at the present. However, the pattern of revenue from them is different. Alternative A has the potential to bring more revenues later in the project life. The expected revenues of alternative A are: $350, $500, and $850 by the ends of years one to three, respectively. Alternative B promises more immediate cash inflow which is expected to diminish with time: $750, $300, and $100 by the ends of years one to three, respectively. Use MARR=8%.
a) Calculate the Internal Rate of Return of each alternative.
b) Which alternatives are feasible?
c) Calculate the Net Present Worth of each alternative and compare them.
In: Economics
Two mutually exclusive alternatives are bring considered: A and B. Both alternatives cost $1,200 at the present. However, the pattern of revenue from them is different. Alternative A has the potential to bring more revenues later in the project life. The expected revenues of alternative A are: $350, $500, and $850 by the ends of years one to three, respectively. Alternative B promises more immediate cash inflow which is expected to diminish with time: $750, $300, and $100 by the ends of years one to three, respectively. Use MARR=8%.
a) Calculate the Internal Rate of Return of each alternative.
b) Which alternatives are feasible?
c) Calculate the Net Present Worth of each alternative and compare them.
In: Economics
Two alternatives for purchasing a new printing machine (from providers A and B) are being considered for a production upgrade of a printing facility. Alternative A has a life of 2 years, first cost of $1200, annual reduction in maintenance cost (can be treated as revenue in this cash flow) of $650, and salvage value after 2 years of $250. Alternative B has a life of 3 years, first cost of $1650, annual reduction in maintenance cost of $790, and salvage value after 3 years of $250. MARR = 8%. Alternatives are replicable in the future. Calculate the NPW of each alternative. Show calculation steps leading to this choice and provide explanations whenever possible.
In: Economics
RATES of GROWTH
Year |
Nominal GDP (Billions) |
Gdp Deflator |
Population |
CPI |
Medium Family Income |
2017 |
2,102.57 |
115.006 |
36.514 |
130.658 |
84,950 |
2016 |
2,018.68 |
112.53 |
36.188 |
128.247 |
82,110 |
2015 |
1,985.65 |
112.295 |
35.825 |
126.542 |
80,940 |
2014 |
1,973.04 |
112.893 |
35.497 |
125.158 |
78,570 |
2013 |
1,892.19 |
110.944 |
35.102 |
122.8 |
76,550 |
2012 |
1,822.81 |
109.247 |
34.699 |
121.675 |
74,540 |
2011 |
1,769.92 |
107.929 |
34.303 |
119.842 |
72,240 |
2010 |
1,662.13 |
104.539 |
33.959 |
116.475 |
69,860 |
2009 |
1,567.37 |
101.619 |
33.581 |
114.45 |
68,410 |
2008 |
1,652.92 |
104.005 |
33.199 |
114.108 |
68,860 |
2007 |
1,573.53 |
100 |
32.848 |
111.45 |
66,550 |
2006 |
1,492.21 |
96.788 |
32.529 |
109.125 |
63,600 |
2005 |
1,417.03 |
94.323 |
32.203 |
106.967 |
60,600 |
(Provide the raw data for all the years and show your work at least once for each category.)
Please answer according to Canadian education standards.
In: Economics
In: Economics