A project has a first cost P, annual savings A and a salvage value of $500 at the end of its 10-year service life. It is also known that the IRR for this project is 11 %, and the payback period is 8 years. What is the project's first cost? (Don't use the $ sign and coma in your answer!)
In: Economics
Briefly describe the Nordhaus and Stern models of the economics of climate change, how they are similar, and how they differ.
In: Economics
Question 1) Thoroughly explain why there is a strong association between development and urbanism. A perfect answer will include a discussion of ALL the benefits and disadvantages of urban concentration. As well as a discussion of two well-known theory of city size and urbanism. Use only material provided in this course to answer this question. (24 pts)
In: Economics
For this question, using the AS-AD diagram and assume that the economy is initially operating at the natural level of output. An increase in taxes will cause which of the following?
A) a reduction in output and no change in the aggregate price level in the short run
B) a reduction in employment and no change in the nominal wage in the short run
C) an increase in investment in the medium run
D) an increase in the aggregate price level, no change in output and no change in the interest rate in the medium run
In: Economics
Exploring a Hotel Franchise technology (Example Hotel 1,000 Seatle). Your job is to complete a very thorugh detailed report on a hotel that is known for thier use of technology. Imagine you are the consumer and detailed very well eberything the consumer needs to know about that hotel. Breakdown each individual technology that is being used and how its being used to better the performance of the hotel. Why should these consumer consider the hotel that was picked and what are some uses that hotel havn't used that you think would benefit the hotel. Does the hotel have any plans to implement these technology in the future if not how would implement these in the futre. Give a small history lesson on the hotel and why the hotel decided to have technology play such a huge role.
In: Economics
( all answers combined must be in 500 words or less )
It is said that economic crises (such as the economic recession) can be expected through the performance of financial markets in the period prior to them.
1A-) What is meant by that?
2A-) What is your personal opinion?
3A-) Using the graph, explain what is meant by the Yield Curve and the forms it takes?
4A-) By checking at it, do you think that this curve can be used as a future indicator for the performance of the economy?
( all answers combined must be in 500 words or less )
In: Economics
Discuss The Economics of Information in the second half of the 20th Century (maximum 1,000)
In: Economics
Explain to someone who knows the definition of inflation and not
much else in economics why if expected inflation and/or inflation
risk goes up, interest rates will also likely go up. More
admiration for you if you use the present value, future value
terminology and jointly present the case for interest rates and
bond prices.
In: Economics
In: Economics
How does COVID 19 effect the financial markets, real economy and healthcare systems of the BRICS countries??
In: Economics
Assume a closed economy without Government. However, there exists a financial sector that creates an array of financial assets on which both households and firms invest. Let ? denote the average earnings from these financial assets. The consumption expenditure of the households is influenced by their wage income and the financial income and is given by ? = ?(?, ?); ?? > 0, ?? > 0, where ??, ?? are partial derivatives of consumption with respect to income ? and financial earnings ? respectively. Similarly, the real investment expenditure of firms is given by ? = ?(?, ?); ?? > 0, ?? < 0, where ??, ?? are the partial derivatives of the real investment with respect to income and financial earnings. Using either the Keynesian cross model or the Multiplier analysis, answer the following questions.
(i) Derive the relationship between output ? and financial earnings ?, and examine the analytical conditions under which the relationship is positive ( ?? ?? > 0) and negative ( ?? ?? < 0). [15]
(ii) Describe why the scenario where the expansion in output driven by the rise in financial earnings, i.e. when ?? ?? > 0, could make the economy unstable and vulnerable to crisis? [5]
In: Economics
- Explain the buying influences (four quadrants)
- 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?
In: Economics
You have been assigned to a leadership post, running the Multiagency Coordination System for an Emergency Operations Center that has been set up in response to a category three hurricane strike. The disaster is widespread, and there has been a lot of competing requests for resources such as generators, law enforcement, food and water, as well as clothing.
When faced with these competing requests, how would
you go about determining which to fulfill first?
What would be the main criteria for your
decision?
How might you deal with any backlash created by those
who you deemed lower on the priority list and – thus – did not
initially receive resources?
In: Economics
How does inflation affect an emerging economy, use examples to evaluate the positive and negative impacts of inflation on economic growth. include discussion on impact of aggregate demand and aggregate supply on economic growth.
In: Economics
1. GDP includes
a. All final goods.
b. All final services.
c. Both final goods and final services.
2. Which of the following is counted in US GDP?
a. Used car purchased by a student for his commute to school
b. Used oven purchased by a baker for her cake shop
c. Drill purchased by a construction company
d. b & c only
e. None of the above
3. Which of the following is counted in US GDP?
a. A New video game made in China but purchased in the United States
b. New growth in rainforests
c. A new quilt made by Jane and given to her grandmother for her 80th birthday
d. a & c only
e. None of the above
4. Real GDP controls for
a. changes in preferences.
b. changes in population.
c. changes in prices.
d. a & c only
e. a, b, & c
5. True or false: nominal GDP is always larger than real GDP.
a. True
b. False
6. True or false: real GDP is always larger than real GDP per capita.
a. True
b. False
7. True or false: if a country’s nominal GDP increases, it means the country is producing more goods and services.
a. True
b. False
8. Real GDP per capita in the US ____________ during the great recession of 2009.
a. increased
b. decreased
c. did not change
9. Real GDP per capita is positively correlated with all of the following except
a. malaria cases per capita.
b. life expectancy.
c. happiness.
d. education.
e. b & d only
f. a, b, c, & d
10. Real GDP per capita is usually used to compare the standard of living of
a. the same country at different points in time.
b. two different individuals at one point in time.
c. two different countries at one point in time.
d. a & c only.
e. None of the above.
11. True or False: Government purchases includes all of the following: social security payments, government employee wages, and tanks purchased by the government.
a. True
b. False
12. Measuring GDP using the national spending approach includes
a. Consumption.
b. Net exports.
c. Government spending.
d. a & b only
e. a, b, c
13. Measuring GDP using the factor income approach includes
a. Employee compensation.
b. Interest.
c. Profit.
d. b & c only
e. a, b, c
14. Which job is least likely to be negatively affected by increases in global markets and technology?
a. Plumber
b. Uber driver
c. Umpire
d. Factory worker
15. What percent of jobs in the US require some form of occupational licensing?
a. 15%
b. 25%
c. 40%
d. 50%
e. none of the above
16. Which of the following individuals are counted as unemployed?
a. A military soldier.
b. An adult who is out of work, wants a job, and applied to a job 2 weeks ago but not since then.
c. An adult in prison.
d. An adult who is out of work, wants a job, and applied to a job 5 weeks ago but not since then.
e. a and b only.
f. b and d only.
17. Complete the following equation: Unemployment Rate = (Unemployed/ ______________)*100
a. Employed
b. Labor Force
c. US adult population
d. US population
e. None of the above.
18. Since 1950, in which year was the unemployment rate 0%?
a. 1953
b. 1969
c. 1994
d. a and b only.
e. It’s never been 0%
19. Calculate the unemployment rate with the following data: Unemployed: 10 million, US Population: 200 million, Employed: 90 million
a. 3%
b. 5%
c. 8%
d. 10%
20. According to the video, the average unemployment rate between 1950 and 2015 was approximately
a. 0%
b. 3%
c. 6%
d. 8.5%
e. None of the above.
21. The official unemployment rate definition
is
a. An adult out of work who has been looking for work in the past
year.
b. An adult who is out of work and has been looking for work in the past 15 weeks.
c. An adult who is out of work and has been looking for work in the past 4 weeks.
d. An adult who is out of
22. Discouraged workers are unemployed individuals who say they want a job, but although they haven’t looked for work in the past ________ , they have looked in the past ________.
a. 4 weeks, 15 weeks
b. 4 weeks, year
c. 15 weeks, year
d. 2 weeks, 15 weeks
23. If we include discouraged workers as unemployed when calculating the unemployment rate,
a. Stays the same.
b. Doubles.
c. More than doubles.
d. Less than doubles.
24. True or false. It would be very beneficial for the US economy if we could greatly reduce or eliminate frictional unemployment.
a. True
b. False
25. If the news reported that 100,000 “new” jobs were created and there were 1,000,000 job separations in the United States in July 2016, how many new hires occurred in the US that month?
a. 100,000
b. 900,000
c. 1,000,000
d. 1,100,000
e. 1,500,000
25. In the above scenario, how many jobs are created for every job destroyed?
a. .1
b. .9
c. 1
d. 1.1
e. 1.5
26. Which of the following is a major cause of structural unemployment?
a. Short-term unemployment caused by college graduates searching for employment.
b. Large and long-lasting shocks to the economy.
c. Decreases in labor force participation amongst older workers.
d. a and b only.
27. Cyclical unemployment is defined as:
a. The amount of workers who have given up looking for work but would still take a job if it paid enough.
b. The natural rate of unemployment.
c. Unemployment correlated with business fluctuations.
d. Short-term unemployment caused by the difficulty of matching employees to open positions.
e. Persistent, long-term unemployment caused by long-lasting shocks to the economy.
28. Which of the following contribute to why wages are considered sticky?
a. People get upset when wages fall, particularly if they think their employer is causing the wage cut, which negatively impacts workplace morale.
b. If wages were easily cut, workers might respond by working less or disrupting their work, thus negatively affecting productivity.
c. Minimum wage requirements make it difficult to lower wages quickly or often.
d. All of the above.
29. The natural rate of unemployment is defined as:
a. Frictional plus structural unemployment.
b. Cyclical plus frictional unemployment.
c. Cyclical unemployment.
d. The rate at which workers retire from the labor force.
e. Structural unemployment plus the rate at which domestic jobs are replaced by outsourcing skills internationally.
In: Economics