Economic theory implies that a mature industry without any significant technological change will tend to have firms with similar architectural structures, similar reward structures, and similar performance systems. Would the power of the marketplace be important in this case?

Dr. White is fond of telling people they are NOT rational decision-makers, even though they think they are. Explain why people aren’t rational and explain the non-rational models of decision-making (maximum of 400 words).

When we conducted normative analyses of economic allocations through markets in our models, we often compared their welfare outcomes against a benchmark of a Pareto efficient planner. Let's take the concept of our Modified Golden Rule for example. Which of these statements are most correct?

1. There is a unique Pareto efficient planning problem. Hence it is a useful benchmark.
2. The notion of Pareto efficiency is not free from subjective value judgments.
3. There is an infinite set of possible Pareto planners in the Overlapping Generations Model's notion of a Modified Golden Rule.
4. Pareto efficiency is a cosmic, karmic concept.
5. There is more than one correct answer

Suppose the United States and Hong Kong have a flexible exchange rate system. Explain whether each of the following events will lead to an appreciation or depreciation of the U.S. dollar and HK dollar. Please explain in words and graphically.

(a) U.S. real interest rates decrease below Hong Kong real interest rates.

(b) The Hong Kong inflation rate decreases relative to the U.S. inflation rate.
(c) A decrease in U.S. income combines with no change in Hong Kong income. (d) A decrease in U.S. income combines with a decrease in Hong Kong income.

PLS NO MORE THAN 150 WORDS

A bank manager notices that by the time customers get to the teller, they seem irritated and impatient. She wants to investigate the problem further, so she hires you to design a research project to figure out what is bothering the customers. The bank wants three studies? (a) several focus groups of their customers, (b) observation using a hidden camera, and (c) an online survey of 500 customers. Identify which studies are qualitative, and which are quantitative? If you were to recommend only one study which of the three would you recommend and why. Be specific.

1 a) What is financial inclusion

b) In what ways does financial inclusion reduce poverty and boost prosperity?

The impact of COVID-19 to SMEs in Malaysia

When is a financing via budget deficits are justified?

Discuss about Uneven Development after COVID-19 crisis

a-   Use the following data and find MC, AC, MR, and TP. Also, knowing P=100, decide how many units you produce?

. b-   Change the price to P2=120. How many will you produce?

c-   Use numbers from a, an b, and show a supply relation and plot it.

Q   TC    MC   AC   TR   MR   TP   

1 -  70

2 - 120

3 - 180

4 -  280

5 - 400

6 - 600