Questions
10. Based on compensating differentials who would you expect to earn more a lumberjack or a...

10. Based on compensating differentials who would you expect to earn more a lumberjack or a store clerk?

11. How do unions control the supply of Labor?

12. What does it mean that a good is excludable?

In: Economics

What are the roles of the International Monetary Fund, the World Bank and the World Trade...

What are the roles of the International Monetary Fund, the World Bank and the World Trade Organisation? Detailed explanation required.

In: Economics

How have the roles of the IMF, the World Bank and the WTO changed over the...

How have the roles of the IMF, the World Bank and the WTO changed over the last number of decades? Detailed explanation required

In: Economics

Discuss about the impacts of FDI on China's economy There are a lot of impacts of...

Discuss about the impacts of FDI on China's economy

There are a lot of impacts of FDI on China's economy

Plz write some important impacts of FDI. What is more, plz give me some datas of the impacts of FDI on China's economy

In: Economics

13. What does it mean that a good is rival in consumption? 14. What kind of...

13. What does it mean that a good is rival in consumption?

14. What kind of good is both excludable and rival in consumption?

18. Why do special interests so have so much power in our political system?

19. Explain the median voter theorem.

20. Why are voters rationally ignorant?

In: Economics

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A...

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).

  1. What is the expected U.S. minus U.K. inflation differential for the coming year?

  2. What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).

  3. By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level

  4. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?

  5. What is the expected rate of real depreciation for the United States (versus the United Kingdom)?

  6. What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?

  7. What do you predict will be the dollar price of one pound a year from now?

In: Economics

a. what allows the Fed to be independent g. what are the problems of using fiscal...

a. what allows the Fed to be independent g. what are the problems of using fiscal policy and what are the problems of using monetary policy h. why a balanced budget can be destabilizing.

b. what are the characteristics of a good commodity money and why?

c what gives fiat money its value and what are the advantages and disadvantages of fiat money

In: Economics

BK Books is an online book retailer that also has 10,000 “bricks and mortar” outlets worldwide....

BK Books is an online book retailer that also has 10,000 “bricks
and mortar” outlets worldwide. You are a risk-neutral manager
within the Corporate Finance Division and are in dire need of a
new financial analyst. You only interview students from the top
MBA programs in your area. Thanks to your screening
mechanisms and contacts, the students you interview ultimately
differ only with respect to the wage that they are willing to
accept. About 10 percent of acceptable candidates are willing to
accept a salary of $140,000, while 90 percent demand a salary
of $190,000. There are two phases to the interview process that
every interviewee must go through. Phase 1 is the initial onehour
on-campus interview. All candidates interviewed in Phase
1 are also invited to Phase 2 of the interview, which consists of
a five-hour office visit. In all, you spend six hours interviewing
each candidate and value this time at $2,500. In addition, it
costs a total of $8,000 in travel expenses to interview each
candidate. You are very impressed with the first interviewee
completing both phases of BK Books’s interviewing process,
and she has indicated that her reservation salary is $190,000.
Should you make her an offer at that salary or continue the
interviewing process? Explain.

In: Economics

An MNE from Asia that focuses on agriculture – name and describe the company in one...

  1. An MNE from Asia that focuses on agriculture – name and describe the company in one or two sentences.
  2. An MNE from Africa that focuses on transportation – name and describe the company in one or two sentences.
  3. An MNE from Central America that focuses on financial services – name and describe the company in one or two sentences.
  4. An MNE from South America that focuses on energy – name and describe the company in one or two sentences.
  5. An MNE from Europe that focuses on textiles or clothing – name and describe the company in one or two sentences.
  6. An MNE from North America that focuses on raw materials – name and describe the company in one or two sentences.
  7. An MNE from Oceania that focuses on manufacturing – name and describe the company in one or two sentences.
  8. An MNE that does work in Antarctica – any kind of company – name and describe the company in one or two sentences.

In: Economics

According to some U.S. Treasury officials, China’s currency, yuan, is considered significantly undervalued. Assuming it is...

According to some U.S. Treasury officials, China’s currency, yuan, is considered significantly undervalued. Assuming it is true, explain what Chinese government needs to do in order to maintain their currently undervalued official exchange rate. Also, explain the effect of keeping yuan undervalued on the Chinese money supply and inflation.

In: Economics

Suppose that the Federal Reserve decided to adopt an easy money policy and cut the market...

Suppose that the Federal Reserve decided to adopt an easy money policy and cut the market interest rates in the U.S. What will happen to the U.S. dollar value in the foreign exchange market? Explain why.

In: Economics

Eb's Eggs just bought a new egg sorting machine for $109,569. The machine will save $32,567...

Eb's Eggs just bought a new egg sorting machine for $109,569. The machine will save $32,567 in year 1, $31,888 in year 2, $15,041 in year 3, and $9,316 per year from year 4 until the machine is salvaged at the end of year 11. At the end of year 11 it will have a salvage value of $2,409. Eb uses a MARR of 9% to make decisions.

What is the payback period (PBP) for this machine?

In: Economics

A researcher wants to know the determinants of the final grades (overall GPA) of students graduating...

A researcher wants to know the determinants of the final grades (overall GPA) of students graduating majoring in Finance from the College of economics and political science. To help the researcher, please answer the following questions.

1.1. Write down a list of one dependent and fiveindependent variables
1.2. Explain how do you measure each variable and how and where do you get the data.

In: Economics

Draw BPMN diagram model  on the business process for retailers to sell electricity to consumers in the...

Draw BPMN diagram model  on the business process for retailers to sell electricity to consumers in the Open Electricity Market.

In: Economics

What are the major changes in Africa, as it becomes a major emerging market? With brief...

  1. What are the major changes in Africa, as it becomes a major emerging market? With brief historical evidence, discuss the role of China in African development.
  2. Describe your understanding of the “New Scramble for Africa”. Discuss how the process of globalization affects Africa’s development. Why is Africa referred to as a ”hopeful continent”?

500words short answer

In: Economics