Questions
When the money supply ___________, economic growth is ______, and prices increase predictably over time. a....

When the money supply ___________, economic growth is ______, and prices increase predictably over time.

a.

is shrinking; exponential

b.

grows too quickly; stagnant

c.

is shrinking; steady

d.

grows slowly and steadily; stagnant

e.

grows slowly and steadily; steady

After taking this class, you decide to create a financial plan. You follow your plan all through college, allocating the money from your part-time job to pay for necessities and putting some money into a savings account. After you graduate, you receive a job offer that includes a $40,000 a year salary, benefits, and paid vacation. Based on this salary, you adjust the amount you are putting away in savings by increasing it to $250 a month. This is part of which stage of creating a financial plan?

a.

Taking control of your finances

b.

Creating an emergency fund

c.

Setting goals

d.

Evaluating alternatives for reaching your goals

e.

Implementing, monitoring, and revising your financial plan

In: Economics

Show in the graph and also describe the following situation: The government decided to subsidize the...

Show in the graph and also describe the following situation:

The government decided to subsidize the capital of the automobile industry. In other words, the price of capital has dropped from r1 to r2 for the enterprise. What effect does this policy have on the demand for capital and labor in the automotive industry in the short run and long run?

In: Economics

How did the bush fires impact the production of bananas? What are the implications of this...

How did the bush fires impact the production of bananas? What are the implications of this on the market for bananas in Australia?

In: Economics

Discuss the main assumptions of perfect competition and monopolistic competition. Discuss the impact of Covid-19 on...

Discuss the main assumptions of perfect competition and monopolistic competition.

Discuss the impact of Covid-19 on small grocery stores. Compare this with big businesses like Woolworths and Coles. Highlight the impact of the crisis using the models on market structure (hint: think of models on perfect competition, monopoly, monopolistic competition, oligopoly).

In: Economics

The more price elastic is the demand for a good or service, the higher will be...

The more price elastic is the demand for a good or service, the higher will be the acutal margin. Do you agree with this statement? Explain.

In: Economics

Discuss the main assumptions of perfect competition and monopolistic competition. Discuss the impact of Covid-19 on...

Discuss the main assumptions of perfect competition and monopolistic competition.

Discuss the impact of Covid-19 on small grocery stores. Compare this with big businesses like Woolworths and Coles. Highlight the impact of the crisis using the models on market structure (hint: think of models on perfect competition, monopoly, monopolistic competition, oligopoly).

In: Economics

Discuss the elasticity of the following goods before and after Covid-19 (assuming that all restrictions have...

Discuss the elasticity of the following goods before and after Covid-19 (assuming that all restrictions have been eased):

  1. Eating out
  2. Fruit and vegetable
  3. Movies
  4. Cars
  5. i-Phones

In: Economics

In 200-250 words, provide a narrative summary of your progress on your research and report. The...

In 200-250 words, provide a narrative summary of your progress on your research and report. The narrative summary should address one of three the following questions:

  • Do you have a clear understanding of what you will write about in the research paper, based on your proposal and the research you have done since then? Has your research helped you to refine your argument, or has it expanded your paper into something larger or more complex than you expected?
  • Do you feel you have a good sense of how to manage the information you've collected? In general, are you finding information that you expected/hoped to find, or are you not finding what you had hoped to?
  • What tasks still need to be completed for your project, and in what order? Is your work ahead of schedule, right on schedule, or behind schedule? Alternatively, do you have a good balance between work accomplished and work to be done?

In: Economics

Some economists have observed that the standard of living for the poorest third of the world...

Some economists have observed that the standard of living for the poorest third of the world is falling behind the standard for the rest of the world and is not improving very quickly. What are some factors that might influence the economic status of such countries?

In: Economics

Explain in detail the difference between Documentary Letter of Credit and Documentary Collections. Also describe the...

  1. Explain in detail the difference between Documentary Letter of Credit and Documentary Collections. Also describe the possible risks and where best used in International Trade.

In: Economics

Explain imperfect and perfect competition?

Explain imperfect and perfect competition?

In: Economics

How market power causes the market failure. When is the market doesn't achieve social welfare?

How market power causes the market failure. When is the market doesn't achieve social welfare?

In: Economics

Texas Government: In terms of controlling statewide offices, how do the various political parties fare?

Texas Government:

In terms of controlling statewide offices, how do the various political parties fare?

In: Economics

There seems to be a surge in national debt during the GW Bush and Obama administrations....

There seems to be a surge in national debt during the GW Bush and Obama administrations. Why is that?

In: Economics

A discussion of an economic policy area where the line between state and national control is...

A discussion of an economic policy area where the line between state and national control is not working.

In: Economics