What are the differences among the monopolistic competition, competitive markets, and monopoly?

Is the bookselling a perfectly competitive industry? Briefly explain

Putting specific historical subject matter into an understandable framework by looking at more broad things happening around it:

Group of answer choices

Context

Presentism

Interpretation

The unintended consequences of history

Objectivity

How COVID-19 affected the Indian economy. This is needs to be analyzed only by the IS-LM model. How government steps shift the curve in this pandemic and other factors.

NOTE: It should be complete and must all factors of IS-LM and Effect on Indian economy
(up to 3 pages)

Think of the different goals of policymaking: efficiency, growth, stability, and equity. Why do they often conflict? Why can an economy not achieve multiple goals simultaneously?

Suppose the economy is experiencing a recessionary gap of $0.5 trillion. The marginal propensity to consumer is MPC = 0.2. To mitigate or close the gap, the fiscal government need to choose between two options: increase government spending G or decrease taxes. Fill in the gaps with numerical answers unless otherwise instructed. Round your answers to one decimal place (for example, 1.25 ~ 1.3).

1. The value of the spending multiplier is at most equal to .
2. The value of the tax multiplier is at most equal to .
3. Suppose the government chooses to not change the taxes. Then, it should increase spending by at least $ trillion in order to close the gap.
4. Suppose the government chooses to not change government spending. Then, it should decrease taxes by at least $ trillion in order to close the gap.

1. Discuss why are aircraft suppliers like Boeing and Airbus are examples of oligopoly?
2. Compared to other markets, it is difficult to analyze the behavior of firms under oligopoly. Why?

IMF was created to promote monetary stability. The current role of IMF is to oversee exchange rate policies in member countries and advises developing countries about how to turn their countries around.

World Bank was set up to lend money to countries so they could rebuild their infrastructure that had been destroyed during the war. The WB is looking to expand its lending to developing countries and to provide more loan guarantees for businesses entering new developing markets.

Required:

1. You are required to distinctly identify the roles play by the above institutions in Zimbabwe in the last 30 years and state the successes and difficulties encountered in that engagement. What will be your advice today to the government of Zimbabwe in ensuring the full utilization of the facilities available from these institutions?

Suppose the European Union (EU) is investigating a proposed merger between two of the largest distillers of premium Scotch liquor. Based on some economists’ definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market. Additionally, suppose that the (wholesale) market elasticity of demand for Scotch liquor is -1.3 and that it costs $15.70 to produce and distribute each liter of Scotch.

Based only on these data, provide quantitative estimates of the likely pre- and postmerger prices in the wholesale market for premium Scotch liquor.

Instruction: Do not round intermediate calculations. Enter your final responses rounded to the nearest penny (two decimal places).

Pre-merger price: $

Post-merger price: $

1. Show your work for the questions below.Suppose a perfectly competitive firm has TC = 0.15q2 – 54q + 3500 and MC = 0.3q - 54.

a.If market price for this firm’s product is $96, what is its profit maximizing level of output? Show your work.

b.What is the firm’s profit at this price? Show your calculation.

2. Consider a customized t-shirt printing business. Which of the following would be variable costs (VC) and which would be fixed costs (FC)? Write VC or FC to the left of each to indicate which they would be.

Rent

Cost of ink

Cost of plain shirts

Purchase price of printing machine

3. Which of the costs (fixed, variable, or both) need to be covered for profits to be greater than or equal to zero?

Suppose when Japan opens to trade, it imports rice, a labor intensive good.

1. According to the Heckscher–Ohlin theorem, is Japan capital abundant or labor abundat? Explain.
2. What is the impact of opening trade on the real wage in Japan?
3. What is the impact of opening trade on the real rental rate on capital?
4. What does the Heckscher Ohlin model assume about labor mobility across industries? Across countries?
5. Which group (capital owners or workers) would support policies to limit free trade? Why?

RATES of GROWTH

1. Calculate and state the following for the years shown for the Canadian economy: the rates of growth (% per year) of

1. nominal GDP;        
2. real GDP;        
3. real GDP per capita.
4. Real Medium family income

(Provide the raw data for all the years and show your work at least once for each category.)

2. Plot all your results calculated in ( 1 ) above on one graph. Must use graph paper and utilize the entire page. (Use a time series graph.)

please make as per Canadian Education standard's.

Do you think that business has a responsibility to contribute positively to society whenever it can, or do you think that business should simply focus on operating as profitably as it can? Explain your answer, referring to concepts

Peter has an inheritance that promises to pay him 11 year-end amounts of $5,000 starting exactly 3 years and 3 months from today. If he earns 4.2% p.a., how much is the inheritance worth in present-day dollars?

Select one:

a. $37,910.15

b. $39,502.38

c. $42,258.17

d. $41,154.33

Consider the Cobb-Douglas production function Y = e^b0 K ^b1 L^b2 e^ui where Y, K and L denote real output, real capital input, and real labor input, respectively. The data for estimating the parameters of the production function are given in the Excel data file productionfunction.xls.

1. Perform a logarithmic transformation of the production function to linearity so that it can be estimated by OLS.
2. Compute the correlation coefficient between income lnK and lnL and comment on the potential for multicollinearity.
3. Obtain OLS estimates of the model ln Yi = b0 + b1 ln Ki + ui   i=1,2,...,24 and their t-ratios and comment on the significance of the slope coefficient. Use 5 percent level of significance. Does the estimated slope coefficient make economic sense?
4. Obtain OLS estimates of the model ln Yi = b0 + b1 ln Li + ui i=1,2,...,24 and their t-ratios and comment on the significance of the slope coefficient. Use 5 percent level of significance. Does the slope coefficient make economic sense?
5. Obtain OLS estimates of the model ln Yi = b0 + b1 ln Ki + b2 ln Li + ui i=1,2,...,24 and their t-ratios and comment on the significance of the slope coefficients. Use 5 percent level of significance. Do the slope coefficients make economic sense?
6. By comparing the results in parts (c), (d) and (e), what is the impact of multicollinearity on the signs and significance of the coefficients?

Production Function:

Labor markets are an important concept to understand in terms of how wages are determined. Identify one demand and supply factor that can impact wages in markets. Explain one of the main reasons why the large wage gap exists in the United States and provide one solution of this wage gap.