In: Economics
please discuss the role of technology in efficient utilization of these exhaustible resources which you might have come across in your own work experience. You could also discuss instances of firms taking steps to adopt renewable natural resources to cut down their reliance on exhaustible resources.
In: Economics
In: Economics
In: Economics
1.The United States still participates in the gold standard since it eliminates exchange rate risk between the dollar and other foreign currencies.
True or False
2.The peso appreciated by 4% from the Eurozone point of view. What is the percentage appreciation/depreciation of the euro from the Mexican point of view? Enter your answer in decimal format and round any intermediate steps and for final answer to four decimals (EX: .XXXX).
In: Economics
Suppose the federal government increases taxes by $750 million. By how much should GDP change if the MPC = 0.90? Use an AS/AD model to show this impact on the economy.
In: Economics
TURKISH ECONOMY
Explain the significance of the 2001 crisis according to Öniş.
In: Economics
Use the following information to work Problems (a) and (b). Show all your workings.
Sara’s income is $12 a week. The price of popcorn rises from $3 to $6 a bag, and the price of smoothie is unchanged at $3.
a ) How does the rise in the price of popcorn affect the relative price of a smoothie in terms of popcorn? What is the slope of Sara’s new budget line if it is drawn with smoothies on the X-axis?
In: Economics
Do you think economic inequality explicitly or implicitly supports sexism and racism? If not, why not? If yes, why? Discuss
In: Economics
QD= 8000-2PX+0.4I+2PY-4PZ
A - What are the intercepts and slope of your demand curve? price intercept and the quantity intercept and the slope
B - the price of good X is $100, what is the quantity demanded?
C - Now suppose the price of good Y rises to $150. What would happen to your demand curve? What are the price intercept, quantity intercept and slope?
In: Economics
Select two countries (excluding the United States) and prepare a short report describing their basic Internet infrastructure. Are they public or commercial? How and where do they connect to backbones within the United States?
In: Economics
write what you think are the key components of the culture in the United States that someone visiting from another country for business should be aware of.
In: Economics
Quantity of Tomatoes |
Total Benefit from Tomatoes |
Quantity of Potatoes |
Total Benefit from Potatoes |
0 |
$0 |
0 |
$0 |
1 |
$10 |
1 |
$16 |
2 |
$18 |
2 |
$28 |
3 |
$24 |
3 |
$36 |
4 |
$28 |
4 |
$40 |
5 |
$30 |
5 |
$41 |
In: Economics
1) Considering that Germany has a huge trade surplus, who has likely gained from having trade as opposed to international trade being banned?
a. Domestic consumers
b. Domestic producers
c. Government
d. Domestic consumers and domestic producers
2) Suppose we have the country of Carrieopolis with the following prices and quantities:
P of Laptops P of Tablets # of Laptops # of Tablets
2017 $100 $100 200 200
2018 $120 $120 230 230
2019 $200 $200 350 350
If the base year for prices is 2017, what is the CPI for the year 2018?
a. 60
b. 91
c. 100
d. 120
3) Using the information from the previous problem, what is the annual real GDP growth for 2019?
a. 10%
b. 30.4%
c. 52.2%
d. 75%
In: Economics
Hours per month |
Marginal Utility from Golf |
Marginal Utility from Tennis |
1 |
60 |
40 |
2 |
50 |
36 |
3 |
40 |
30 |
4 |
30 |
10 |
5 |
20 |
5 |
6 |
10 |
2 |
7 |
6 |
1 |
In: Economics