Mark as true or false and briefly explain the reason

6. If you have a problem of simultaneous causality, you can address this by making sure that all possible omitted variables are added to your regression as control variables.
7. When you have data on the price and quantity sold of a good, an OLS regression of log quantity on log price will normally give you a consistent estimate of the price elasticity of demand for that good.

Use the following information to work Problems 4 and 5. In China, the price of imported natural gas that is heavily used in local production fluctuates frequently. This causes China’s short-run macroeconomic equilibrium to fluctuate. Someone suggested that the government raise transfer payments when the price of natural gas rises in a way that counters the decrease in the macroeconomic equilibrium.

4. How would such an action influence aggregate demand?

5. How would such an action influence aggregate supply and macroeconomic equilibrium?

7. Suppose that the world price of oil rises. On an AS-AD graph, show the effect of the world oil price rise on US macroeconomic equilibrium in the short run. Explain the adjustment process that restores the economy to full employment.

- For buying influences in the growth mode, what positives (revenue, retention, brand awareness, etc) could help them to increase growth?

- For buying influences in the trouble mode, what negatives (cost, waste, risk, etc) could help them to decrease trouble?

- For buying influences in the even keel or overconfident mode, what strategies could you use to deploy to move them to either a growth or trouble mode?

- What are two RESULTS (for each of the BI’s)? How do these RESULTS relate these BIs’ specific business concerns? How do these results improve or fix a process of concern?

- How do each of these two BIs WIN if the product/service is able to deliver these RESULTS?

What is humanitarian intervention? Theoretically, when and where there are governments that cannot protect their own people, the international community (UN) has the legitimacy to intervene. However, national governments remain to be the NO.1 agent responsible for the protection of the people.

What is your view ?

NEED 1000 words

Please think of any possible research problem from the field of business, economics, or social sciences. For this problem, please prepare the basic elements of the conceptual framework: research statement, research question, research hypothesis, research aim.

Question 1

Which of the following functions is unaffected by the price level?

1. Aggregate Demand
2. Short-Run Aggregate Supply
3. Long-Run Aggregate Supply
4. None of the above

Question 2

Below is a list of various changes in the economy. All else held constant, please match each change with the corresponding effect in the Aggregate Demand/Supply framework.

i. A decline in the Short-run aggregate supply        a. An increase in the quantity of economic resources.

ii. A rise in the Long-run Aggregate Supply            b. A rise in consumer confidence.

iii. A decline in the Aggregate Demand                   c. A rise in the input costs.

iv. A rise in the Aggregate Demand                        d. An economic recession in the economies of our trading partner nations

Question 3

A demand driven recession causes the price level to decrease.

1. True
2. False

Question 4

Which of the following will cause the AD to decrease?

1. A rise in consumer confidence
2. A rise in business confidence
3. A decline in government spending
4. An increase in exports

Question 5

If we assume that the supply of oil gets interrupted and as a result the price of oil doubles, what would that do in the short-run?

1. The short-run aggregate supply function will decrease, causing the economy to experience a reduction in the level of output and a rise in the price level.
2. The aggregate demand will decrease, causing the economy to experience a rise in the price level and a decline in the level of output.
3. The long-run aggregate supply will increase, causing the price level to decrease and the output level to increase.
4. The aggregate demand will increase, causing the price level to increase and the output level to decrease.

What determines the current demand for labour?

Why s Northern Europe is more developed than Southern Europe? What impact does this economic disparity have on the Euro, government debts, trade, and labor markets today in the EU?

Question 4

Which of the following will cause the AD to decrease?

1. A rise in consumer confidence
2. A rise in business confidence
3. A decline in government spending
4. An increase in exports

Question 5

If we assume that the supply of oil gets interrupted and as a result the price of oil doubles, what would that do in the short-run?

1. The short-run aggregate supply function will decrease, causing the economy to experience a reduction in the level of output and a rise in the price level.
2. The aggregate demand will decrease, causing the economy to experience a rise in the price level and a decline in the level of output.
3. The long-run aggregate supply will increase, causing the price level to decrease and the output level to increase.
4. The aggregate demand will increase, causing the price level to increase and the output level to decrease.

Question 6

An appreciation of the US dollar would make US exports more expensive overseas and foreign goods cheaper in the US, resulting in a decline in the US aggregate demand.

1. True
2. False

Question 7

Long-run aggregate supply function assumes that all prices are fully flexible.

1. True
2. False

Question 8

Short-run aggregate supply assumes that all prices are fully flexible.

1. True
2. False

What factors are important to a consumer in making his or her consumption–savings decision?

with the aid of a diagram briefly explain the features of oligopoly.

Which of the following is not a disadvantage of trade conferences and exhibitions?

A. Generating massive actual and potential customers

B. cost
C. time and effort
D. rivals in the same hallway

1. Many people associate high budget deficit with high interest rates and rising prices. Taxes are primarily linked to income. Throughout this problem, assume that T=tY, where t is the net tax rate.

1. USE IS-LM and AD-AS frameworks to explain whether this association (that is, high budget deficits with high real interest rates and rising prices) is true in the short run, if the deficits are primarily due to expansionary fiscal policy (like increases in government purchases).
2. Use IS-LM and AD-AS frameworks to explain whether this association is true in the short run, if there is a sudden decline in consumer or business confidence.

Assume the government sets the price for a good below market equilibrium. Briefly explain what will happen to demand and supply and what kind of factors will determine the discrepancy between them. How will it affect the prices of substitutes? () *Use diagrams where relevant