In: Economics
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Whenever there is change in spending, there will be a change in real GDP. Explain why this is so.(2 Points) |
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Use the graph below to answer the following questions( 3Points) (a) What is the equilibrium GDP?
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What is the effect of net exports, either positive or negative, on equilibrium GDP?(2 Points) |
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The data in the first two columns below are for a private closed economy. Use this table to answer the following questions.(3 Points)
(a) What is the equilibrium GDP for the private closed economy? (b) Including the international trade figures for exports and imports, calculate net exports and determine the equilibrium GDP for a private open economy. (c) What will happen to equilibrium GDP if exports were $5 billion larger at each level of GDP? (d) What will happen to equilibrium GDP if exports remained at $10 billion, but imports dropped to $5 billion? (e) What is the size of the multiplier in this economy? |
In: Economics
In previous discussion of short-run exchange rate overshooting, we assumed real output was fixed. Assume instead that an increase in the money supply raises real output in the short run. a) How does this affect the extent to which the exchange rate overshoots in the short run? (1 mark) b) Is it likely that the exchange rate undershoots (relative to its long run value) in the short run? Explain. (1 mark) c) Explain with the help of a figure, the transition to long run equilibrium if the exchange rate overshoots relative to its long run value. (1.5 mark) d) Explain with the help of a figure, the transition to long run equilibrium if the exchange rate undershoots relative to its long run value. (1.5 mark) Note: Undershooting is when the spot exchange rate in the short run is less than the exchange rate in the long-run (Elr)
In: Economics
The situation suggests that the marginal social cost curve for parking is above the marginal private cost curve and it would be socially preferable to consume less parking and travel to campus by alternative means.
Use your knowledge of supply and demand and your creative and critical thinking skills to propose four actions that would reduce total demand for parking on campus. Test your understanding of this module’s material by trying to explain each action using the terminology that we’ve become familiar with in the first four weeks. For example: relate your proposed action to movements along a demand curve in response to price, shifts in the demand curve due to changing tastes and preferences or the availability and costs of substitutes etc. Now you’re thinking like an environmental economist!
In: Economics
Your response should be more than 700 words. Thanks!
Question: As an investor in a social network such as Facebook, discuss TWO risks/factors that could damage the future growth potential of the social network. Support your answer with examples.
In: Economics
Macroeconomics question regarding unemployment Suppose that a new program implemented by the government authority creates 200 new jobs. Do you think that this would decrease unemployment by 200 (same rate as employment created). Write two paragraphs explaining two strong arguments as to whether this is true or not and why.
In: Economics
B. Moldavia, an open economy initially in LR equilibrium,
experiences the
following two macroeconomic events:
1. The Moldavian government cuts government spending and
thereby
reduces its budget deficit.
2. International financial markets begin to diversify their
portfolios
away from Moldavian assets.
As a result of these two events, real interest rates in Moldavia
do NOT change.
Using a three-panel open economy set of diagrams, show the effects
of these
changes on the LR equilibrium levels of national savings, domestic
investment,
and net exports in Moldavia (be sure your graphs reflect the
effects on real
interest rates as well). Explain your results. Is the change in net
exports driven
more by changes in S or more by changes in I in Moldavia? Why?
i. The decline in the budget deficit ______ public savings in
Moldavia at each level
of the real interest rate, shifting the S curve for loanable funds
_____.
a. Increases ; out and to the right
b. Increases ; back and to the left
c. Decreases ; out and to the right
d. Decreases ; back and to the left
ii. International rebalancing of portfolios away from Moldavian
assets means that
foreigners’ purchases of Moldavian assets will ______, thus _____
NCO in
Moldavia.
a. Rise ; increasing
b. Rise ; decreasing
c. Fall ; increasing
d. Fall ; decreasing
iii. Given (as stated above) that these two events do not change
the equilibrium real
interest rate in Moldavia, equilibrium investment _______ , and the
equilibrium
level of NCO ________.
a. Rises ; rises
b. Falls ; rises
c. Does not change ; rises
d. Does not change ; falls
iv. These two events combine to _______ the equilibrium level of
the real exchange
rate in Moldavia, __________ the relative price of Moldavian goods
and services
relative to foreign goods and services, and _________ the
equilibrium level of net
exports in Moldavia.
a. Raise ; increase ; lower
b. Raise ; decrease ; raise
c. Reduce ; increase ; lower
d. Reduce ; decrease ; raise
v. This change in NX is entirely driven by the change in ______
because _____ .
a. National savings ; investment decreases.
b. National savings ; investment does not change.
c. Investment ; national savings decreases.
d. Investment ; national savings does not change.
In: Economics
Lets say I have a 2 firm game with homogenous products with the demand function:
P = A - BQ
What would be my theoretical Consumer, Producer and Total Surplus for Cournot, Stackelberg and Bertarand competitions?
In: Economics
Assume instead that an increase in the money supply raises real output in the short run. Explain with the help of a figure, the transition to long run equilibrium if the exchange rate undershoots relative to its long run value.
In: Economics
Scenario 2
Manager 1: Kelice has a specific background in research. She manages staff who provide research support to another department that delivers behavioral health services to youth. Kelice supports her staff and is very organized; however, she often takes a very black and white view of issues. Upper level leadership values Kelly’s latest research on the therapeutic division’s services. Kelice is very motivated and driven and expects the same from her staff.
Manager 2: Lina has a strong background in social science research and evaluation. She manages staff that work on different projects within the agency. She is known as a problem solver and is extremely supportive of her staff. She is very organized and has a wealth of experience in evaluation of family services. Linda is very capable and can sometimes take on too much.
Question 1 Explain the leadership style of both Kelice and Lina based on Blake Mouton Managerial Grid.
Question 2 In your opinion, how both Kelice and Lina can utilise Path Goal Theory and Transformational Leadership approach in their situation.
This is long essay question.
In: Economics
1. What are the business reasons behind the offshoring of shoe production from the U.S. to other countries?
2. Who wins when there is free trade? Who loses? What is government's role in the trade arena?
In: Economics
In this discussion, I would like for you to briefly propose an essay topic of interest.
Provide with a background regarding what you have chosen as your current event, and how you plan to incorporate some of the macroeconomic concepts. This is a good place to develop a thesis statement.
FULL CREDIT POST includes:
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
1. Explain the following concepts in 50 words maximum for each concept. .
a) Vertical foreign direct investment
b) Internal economies of scale
c) Comparative advantage
d) Voluntary export restraint
e) Intra-industry trade
f) Monopolistic competition
g) Gravity model of international trade
h) Abundant factor
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
1. Explain the following concepts in 50 words maximum for each concept . a) Vertical foreign direct investment b) Internal economies of scale c) Comparative advantage d) Voluntary export restraint e) Intra-industry trade f) Monopolistic competition g) Gravity model of international trade h) Abundant factor
In: Economics
Define the concept of Opportunity Cost and state the Low Hanging Fruit Principle (or Principle of Increasing Opportunity Cost). Explain these two concepts using a real-wold example.
Marking criteria:
- Clarity of exposition
- Definition of Opportunity cost
- Definition of low hanging fruit principle
- Real world example
In: Economics