dentify the likely prospects for the products or services by the market-leading company in the state of North Carolina with reference to any industry that interest you the most.
In: Economics
Please give a broad definition of “production possibilities curve” and explain the sources of economic growth that shift production possibilities curve. (You are expected to give a detailed explanation and examples, but you don’t need to draw diagrams).
In: Economics
What is the market failure? What are the types of market failure and how they work? Is it possible to prevent market failures? How?
(You are expected to give very detailed answer and example for each part of this question).
In: Economics
companies are adopting or planning to adopt blockchain technology. Since we want to focus on corporate applications, please select a non-cryptocurrency topic.
1. A brief summary of blockchain technology in general. Minimum 250 words
In: Economics
TD Bank starts with $200 in bank capital. It then accepts $800 in deposits. It keeps 12.5% of deposits in reserves. It uses the rest of its assets to make bank loans.
TD Bank |
|||
Assets |
Liabilities |
||
|
|||
|
In: Economics
In: Economics
what is the effect of oil and gas sector in corona virus
In: Economics
what is the effect of education sector in corona virus
In: Economics
if there is a agreement in the contract, new employees will be required to join immediately after the probationary period
In: Economics
Assume that two firms are in a Cournot oligopoly market. Market demand is P=120 - Q where Q isthe aggregate output in the market and P is the price. Firm 1 has the cost function TC(Q1)=30 + 10Q1 and Firm 2 has the cost function TC(Q2)=15 + 20Q2.
a) Write down the
Profit function of Firm 1:
Profit function of Firm 2:
b) Using the profit functions in part (a), obtain the reaction function of Firm 1 to Firm 2.
c) Using the profit functions in part (a), obtain the reaction function of Firm 2 to Firm 1.
d) Using the reaction functions from parts (b) and (c), obtain the profit maximizing output level of Firm 1.
e) Using the result from part (d), obtain the profit maximizing output level of Firm 2.
f) Now assume that the firms engage in a sequential quantity competition with Firm 1 as the first mover. Construct the profit function of Firm 1.
g) Using the profit function from part (f), obtain the profit maximizing output level of Firm 1.
h) Obtain the profit maximizing output level of Firm 2.
In: Economics
The retail store Macy's is closing a bunch of stores. How does the store closures affect employees? How do these factors affect wages and spending? How do these factors affect the demand curve? Will these factors cause the curve to move or shift? Explain.
In: Economics
Is the term feudalism still useful as a historical concept or has it become a misleading myth? What problems did it solve, and what others did does it create? In the High Middle Ages, what relationships do you see between economic growth and political power? For example what do we know about the growth of towns and trade. Between economic growth and technological achievements?
In: Economics
Suppose home owners owe $10 trillion in mortgage loans.
Instructions: Enter your responses as a whole number. In part b, do not include a negative sign (-) with your answer.
a. If the mortgage interest rate is 5 percent, approximately how much are home owners paying in annual mortgage interest?
$ billion
b. If the interest rate drops to 2 percent, by how much will annual interest payments decline?
$ billion
c. How will this change in the interest rate impact aggregate demand?
Aggregate demand will (Click
to select) not
change increase decrease .
In: Economics
Suppose the Fed decided to sell $350 billion worth of government securities in the open market (assume all payments are are directly deposited into or withdrawn from the banking system). What impact would this action have on the economy? Specifically, answer the following questions:
Instructions: Enter your responses as a whole number. If the lending capacity or aggregate demand falls be sure to include a negative sign (-) with your answer.
a. How will M1 be affected initially?
increase by $350 billion
no initial change to M1
not enough information to answer
decrease by $350 billion
b. By how much will the banking system’s lending capacity change if the reserve requirement is 10 percent?
$ billion
c. How must interest rates change to induce investors to utilize this change in lending capacity?
Interest rates must (Click to select) fall rise .
d. By how much will aggregate demand initially change if investors change their behavior because of this change in available credit?
$ billion
e. Under what circumstances would the Fed be pursuing such an open market policy?
expansion
recession
f. To attain those same objectives, what should the Fed do with the
(i) Discount rate?
increase
decrease
(ii) Reserve requirement?
increase
decrease
In: Economics
1. In 1978, sellers of a good Ford Pinto valued them at $1,111 and valued a lemon at $765, while buyers valued good ones at $1,331, and lemons at $780. If an uninformed buyer figured 50% are each type, then the maximum price the buyer would pay for a Pinto would be _____.
A. $1,035.55
B. $1,055.50
C. $1,065.55
D. $1,095.50
2. Consider the Pinto market again, but this time assume that uninformed buyers figured that fraction 0.45 are good ones, and the rest are bad. In this case, the price the buyer is willing to pay is _____ and this will _____ an adverse selection problem.
A.$1,033.44; avoid
B. $1,033.44; generate
C. $1,027.95; avoid
D. $1,027.95; generate
3. Consider the used Pinto market one last time. Under imperfect information, to avoid adverse selection, the minimum percentage of good types necessary to avoid adverse selection is?
A.51.25%
B.55.5%
C.57.6%
D.60.1%
In: Economics