With reference to ‘Automatic Fiscal Stabilisers’ (AFS)
Define what you understand by the term Automatic Fiscal Stabilisers and provide an explanation as to how ‘Automatic Fiscal Stabilisers’ may work within the UK economy. Outline any problems that may arise when automatic stabilisers begin to take effect.
In: Economics
The prime minister announced the movement control order from March 18-31 to curb the spread of the coronavirus. Discuss how the restaurant business in Malaysia is affected and what are measures taken by the operators. (200-300 words)
In: Economics
Please hand written on paper (A4 pages). Atleast 300 words
1- Describe the impact of the coronavirus and government policy responses in terms of the AD/AS model and 'shifters'.
In: Economics
23. With reference to ‘Automatic Fiscal Stabilisers’ (AFS)
Define what you understand by the term Automatic Fiscal Stabilisers and provide an explanation as to how ‘Automatic Fiscal Stabilisers’ may work within the UK economy. Outline any problems that may arise when automatic stabilisers begin to take effect.
In: Economics
Suppose that you are the managing director of a pharmaceutical company that sells a unique patented drug to hospitals and drug stores. You are free to charge different per unit prices at these two markets. Let p be the price per unit of drug and q be the quantity demanded. The hospitals demand curve is described by p = 12 – q and the drug stores demand curve is given by p = 8− q. The marginal cost of producing the drug is constant and equal to c = 2 per unit.
1. What is the price that you will charge to hospitals (H)? To drug stores (D)?
2. If you were to charge a uniform price to all the buyers, what would it be?
3. If the Antitrust Division cares about the sum of your company’s profits plus the total consumer surplus of all the buyers, do you think it should ban price discrimination? (Computation required for full credit. Hint: compute the consumer surplus separately for drug stores and hospitals, even if they buy at the same price, and then add them up.)
In: Economics
What Is Fiscal Policy? Full word page simple summary
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The supply function for good X is given by Q x s = 200 + 4P X - 3P Y - 5P W, where P X is the price of X, P Y is the price of good Y and P W is the price of input W. If P X = 500, P Y = 250, P W = 30, then the supply curve is:
Please solve step by step. I think the answer is -700+4Px, but to get that the numbers are plugged in except 500. Why is that the case??
In: Economics
With reference to an Injections and Withdrawals diagram.
If this diagram is illustrating a Recessionary Gap -
Explain in detailed what this diagram is outlining and what measures a Government may take to correct this economic situation and why Government may take these actions
In: Economics
Suppose that a typhoon occurs each year with a probability 1/12 and that a typhoon will destroy bananas from exactly half the farmers who choose to plant in a particular year. Calculate the expected profit of each farmer (including the planting costs) if exactly 110 farmers enter the market, and each chooses to plant 12,500 kgs of bananas. Explain why you would expect additional farmers to enter the market when typhoons are possible. Discuss what this implies for equilibrium prices in years where a typhoon does not occur.
In: Economics
In your own words, write about 200 - 400 words explaining why Alibaba is one of the most successful corporations in the world and what is their plans to keep on being a successful business for the upcoming years
In: Economics
b) How do you calculate that a particular currency is undervalued? Explain your answer with a numeric example. (15 points)
c) Explain the process how balance of payments deficit is eliminated in the long-run without government intervention both in the fixed (Central Bank keeping exchange rate fixed) and in the flexible exchange rates system. (20 points)
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Where does the modern president get his/her power?
2 paragraphs
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How will the future of how businesses will change and be doing
business differently in the future after current crisis ends? Both
domestically and globally.
Give examples.
In: Economics
In: Economics
3. Discuss why cash flow projections are so important to lenders and investors. What common mistakes are new entrepreneurs likely to make in their cash flow planning?
In: Economics