Questions
Have you ever experienced a conflict of interest or been tempted to do something that you...

Have you ever experienced a conflict of interest or been tempted to do something that you thought went against your job responsibilities? Describe an employment or business-related situation where your self-interest diverged from what you believed to be morally right.

In: Economics

Government class: current responses by state & federal governments to manage the twin viral and economic...

Government class: current responses by state & federal governments to manage the twin viral and economic threats we are facing about COVID-19.

In: Economics

what is the impact of The United States history on its politics.

what is the impact of The United States history on its politics.

In: Economics

Consider two countries, the United States (U.S.) and Japan. In the U.S., there are two firms,...

Consider two countries, the United States (U.S.) and Japan. In the U.S., there are two firms, Pikes Peak Steel (PPS) and General Motors (GM), both owned by U.S. citizens. In Japan, there is one firm, Toyota, owned by Japanese citizens. All of the employees of PPS and GM are U.S. citizens and all of the employees of Toyota are Japanese citizens. In a given year, PPS produces $6000 worth of steel and pays wages of $1500. It sells $2000 worth of steel to GM and $4000 worth of steel to Toyota. GM buys $2000 worth of steel from PPS and pays wages of $4000. GM produces $8000 worth of cars during the year; it sells $5500 worth of cars to consumers in the U.S., $1500 worth of cars to the U.S. government, and $1000 worth of cars to consumers in Japan. Toyota buys $4000 worth of steel from PPS and pays wages of $2500. Toyota produces $9500 worth of cars during the year; it sells $5000 worth of cars to consumers in the U.S., $1000 worth of cars to the Japanese government, and $3500 worth of cars to consumers in Japan. For the U.S. and Japan, calculate the following (please show your work) a. Gross domestic product (GDP) using the income and expenditure approaches

In: Economics

explain the political economy of Britain and its evolution over time.

explain the political economy of Britain and its evolution over time.

In: Economics

Consider a society consisting of just a farmer and a tailor. The farmer has 30 units...

Consider a society consisting of just a farmer and a tailor. The farmer has 30 units of food but no clothing. The tailor has 60 units of clothing but no food. Suppose each has the utility function U=F^1/3C^2/3 . If the price of clothing is always $1, and the food price is currently $1, then we can conclude

Question 10 options:

the market is at a competitive equilibrium.

the price of food will drop towards a competitive equilibrium.

the price of food will increase towards a competitive equilibrium.

None of the above.

In: Economics

Find the amount applied to principle for the third month of a​ 4-year loan of ​$11,600...

Find the amount applied to principle for the third month of a​ 4-year loan of ​$11,600 which charges 4.5 percent compounded monthly with monthly payments.

The amount applied to principle for the third month is

$

​(Round to the nearest​ cent.)

In: Economics

If the Fed sells $3 million of bonds to the First National Bank, what happens to...

If the Fed sells $3 million of bonds to the First National Bank, what happens to reserves and the monetary base? What will be the overall effect on the money supply? Using T-accounts show at least three steps in the deposit creation process.
Assume that the required reserve ratio on checkable deposits is 10%, banks do not hold any excess reserves, and the public’s holdings of currency do not change.

In: Economics

300-400 words 1. Explain Default Partnership Rules under Partnership Act. 2. Explain in detail Articles of...

300-400 words

1. Explain Default Partnership Rules under Partnership Act.

2. Explain in detail Articles of Incorporation.

In: Economics

Monetary Policy: There are two types of Monetary policies: Expansionary monetary policy and contractionary monetary policy....

Monetary Policy: There are two types of Monetary policies: Expansionary monetary policy and contractionary monetary policy.
Key-Questions:
1. Explain each of the key terms in not more than one or two sentences (give formula or examples whichever is applicable):
(a) Overnight rate of interest (b) Bank rate (c) Money multiplier (d) open market operations.
2. Discuss about the impact of each policy on the supply of money and inflation with suitable explanation and example.
3. Give a graphical explanation of the working of the policy
Sol

In: Economics

In some cities, Uber has a monopoly on ride-sharing services. In one of these cities, the...

In some cities, Uber has a monopoly on ride-sharing services. In one of these cities, the demand curve on weekdays is given by P = 50 - Q. However, during weekend nights, or surge hours, the demand for rides increases dramatically and the new demand curve is P = 100 - Q. Assume that the marginal cost and the total fixed cost are both zero.

1. Determine the profit maximizing price during weekdays and during surge hours.

2. Determine the profit maximizing price during weekdays and during surge hours if MC = 10 instead of zero.

3. Draw a graph showing the demand, marginal revenue, and marginal cost curves during surge hours from part (2), indicating the profit maximizing price and quantity. Determine Uber’s profit and the DWL during surge hours, and show them on a graph.

ANSWER ALL PARTS THANKS

In: Economics

What might a better model to predict fertility look like, if you could get data on...

What might a better model to predict fertility look like, if you could get data on any additional variables at the country level? Be sure to explain the THEORY behind including these new variables in your analysis.

Subject Econometrics

In: Economics

Please just answer the question e. Please solve a-e questions Consider an economy with two sectors:...

Please just answer the question e.

Please solve a-e questions

Consider an economy with two sectors: manufacturing and services. Demand for labor in manufacturing and services are described by these equations:

Lm = 200 - 6Wm

Ls = 100 - 4Ws

where L is labor (in number of workers), W is the wage (in dollars), and the subscripts denote the sectors. The economy has 150 workers who are willing and able to work in either sector.

a. If workers are free to move between sectors, what relationship will there be between Wm and Ws?

b. Suppose that the condition in part (a) holds and wages adjust to equilibrate labor supply and labor demand. Calculate the wage and employment in each sector.

c. Suppose a union establishes itself in manufacturing and pushes the manufacturing wage to $20. Calculate employment in manufacturing.

d. In the aftermath of the unionization of manufacturing, all workers who cannot get the highly paid union jobs move to the service sector. Calculate the wage and employment in services.

e. Now suppose that workers have a reservation wage of $10—that is, rather than taking a job at a wage below $10, they would rather wait for a $20 union job to open up. Calculate the wage and employment in each sector. What is the economy’s unemployment rate?

In: Economics

Explain what would instantly occur to Natural Real GDP given productivity rose by 1%. Then what...

Explain what would instantly occur to Natural Real GDP given productivity rose by 1%. Then what would happen to the output ratio as a result? Why? What would we expect to happen to inflation given this effect on the output ratio. Please include explanations. Thank you.

In: Economics

Which of the following statements is true? Employers are not concerned with determining a potential employee's...

Which of the following statements is true?

Employers are not concerned with determining a potential employee's productivity because they know that with experience the employee's output will increase.

Employers are not concerned with determining a potential employee's productivity because they realize that they cannot accurately determine it beforehand.

Employers are not concerned with determining a potential employee's productivity because they know that they can train the employee after he's hired.

Employers are concerned with determining a potential employee's productivity due to the high costs of training new employees.

a, b, and c

In: Economics