When you study macroeconomics, your reflective report should address:•What have you learnt from this course?•What are learning outcomes?•What are your own contributions and achievements?•What are your personal strengths and weaknesses that are revealed?•What will you do differently next time? about 500 words
In: Economics
Outline the technique of cost benefit analysis and discuss how it can be used to inform decision making in the public sector.
In: Economics
BREAKEVEN- PowerFull
PowerFull manufactures gel-cell batteries. These are rechargeable; made in various sizes and with various capacities. They are used in lighted signs (exit signs for example) to power them when utility power is out. They are also used to power emergency lighting and in computer power backup appliances. Consider their popular 12 volt, 8 amp hour battery that sells for $36 each. Production of this battery has the following fixed and variable costs:
Fixed costs (per year) Variable Costs per battery
Interest on Mortgage $25000 Plastic case $1.00
Utilities 18000 Plates (lead sulfide) 5.00
Salaries of a fixed type 50000 Mfg. labor 2.50
Hazmat License 6000 Electrolyte gel 3.00
Pollution permit 12000 Packaging .50
Other fixed expense 10000 Inert ingredients 1.50
Total fixed $121000 Testing/Certification 3.50
Promotion expense .50
Total $17.50
In: Economics
In: Economics
Please I need today answer for This question and it is very important and I need solution for this issue with all the details , and help me with all the details.Please write your answer to me by typning not by hand writing, so that I can read and understand your answer clearly.thanks in advance/Ha
Question. Many reasons for why the United Kingdom voted to leave the European Union have been proposed. A common one is that imports from the EU hurt low-skilled British workers. This question will ask you to analyze what effect Brexit (the UK’s exit from the EU) may have on relative wages for high-skilled and low-skilled workers in the UK using the Heckscher-Ohlin model of international trade. Suppose that there are two industries: financial services and manufacturing. Further assume that there are two factors of production, low-skilled and high-skilled workers, and that finance is high-skill intensive and manufacturing is low-skill intensive. Further assume that the United Kingdom is abundant in high-skill labor (i.e. it has relatively more high-skilled workers than the rest of the EU).
a) Show using the Heckscher-Ohlin model of international trade how relative wages for lowskilled and high-skilled workers are determined when the UK is a member of the EU (i.e. when there is free trade between the UK and the rest of the EU). Explain your answer.
b) Now suppose that the UK leaves the EU. For simplicity, we will model this as autarky, i.e. that all trade between the UK and the EU stops. How do real wages of low-skilled and highskilled workers change (remember that the UK is abundant in high-skilled labor)? Explain your answer.
c) Describe also how the relative output of financial services versus manufacturing in the UK changes with Brexit. Explain your answer
In: Economics
In: Economics
Question -2
A state government wants to construct an International Airport. The proposed Airport would be completed in three phases (spread over 10 years) and operations would start after completion of the first phase in next three years. Expected cost of the first phase is Rs 5500 crores. You have been hired by the State Government to consult them on various stages of the bidding process to select an agency/developer that would build, own, operate, and transfer the airport. Please briefly enumerate all the stages of choosing such an agency/bidder right from the very beginning to the finalization of bid process. Also tell the salient features of all the stages enumerated by you.
Question -3
Assume that you are heading the HR department in your company. Please enlist any four labour laws you comply with. Please also explain the salient features such as returns submitted, coverage, compliance, benefit details, and authorities concerned (these are indicative only; please mention any specific feature you want to mention) for each law.
Question-4
Please fill in the blanks in the following table. Also mention how you have arrived at a particular result.
|
Sr. No. |
Item |
Value |
|
1 |
GDP |
$1000 billion |
|
2 |
Revenue Receipt |
$250 billion |
|
3 |
Revenue Expenditure |
|
|
4 |
Capital Receipts (without Borrowing) |
|
|
5 |
Capital Expenditure |
$ 115 billion |
|
6 |
Interest Payment on Loan |
$ 10 billion |
|
7 |
Revenue Deficit |
$50 billion |
|
8 |
Fiscal [email protected]% of the GDP |
|
|
9 |
Government Borrowing |
|
|
10 |
Primary Deficit |
[1] Currency unit is US Dollars
[2] The reference year for our purpose
In: Economics
(b) Explain how the following events affect the demand of Ringgit Malaysia (RM) and its value. (i) Bank Negara Malaysia targets a lower interest rates vis-à-vis regional countries. (ii) There is a sudden interest in Malaysian property market among foreigners. (iii) More international students coming to study in Malaysia.
In: Economics
In the space provided below, discuss how each of the following might be affected by the proposed monetary and fiscal policy responses to Covid-19.
a. Inflation in the US (Use equation of exchange to augment answer):
b. Term structure of interest rates:
c. US, European, and Emerging Market equities:
d. US dollar:
In: Economics
(ECONOMICS OF STRATEGY, GAME THEORY) QUESTIONS PLEASE ANSWERR
Solve the following games with iterated elimination of dominated strategies. Indicate the order of elimination and at each step explain why these strategies are eliminated.
In: Economics
Explain in detail the policy conclusions of the IS/LM/BP model
In: Economics
In: Economics
Benefits that are received in the future must be discounted (put on a present value basis) before they can be compared with benefits that accrue today because
A) Earnings increase with labor market experience
B) The future is uncertain, people prefer to consume benefits earlier
C) Direct costs change with fluctuations in the market
D) Today's money is worth less in the future
In: Economics
In: Economics
In: Economics