In: Economics
consider a recessionary australian economy. Explain how forex swaps and repos can be used to achieve the same target cash rate
In: Economics
In: Economics
9)
a) For u (x, y) = xy, what is the MRS? (Include the marginal utilities for both goods x and y in your answer; show as an intermediate step to your answer.)
b) Show some indifference curves for the utility function given in a) in a graph. Why do indifference curves representing regular preferences not intersect each other?
In: Economics
In: Economics
Personal reflective feelings about Assessment in higher education
In: Economics
a. Fidel Castro‟s economic legacy will be one of failure – but not perhaps quite as catastrophic a failure as his many detractors would insist. Do you agree? (Justify your answer)
In: Economics
Assume that you will buy and operate a piece of equipment. The machine costs $25,000. You estimate that the equipment will generate $10,000 revenue, each year for six years. You also estimate that operating costs for the machine will be $4,500 each year for six years. These estimates are in constant 2019 dollars. The inflation rate for revenues is estimated to be 3.5%. The inflation rate for operating costs is estimated to be 5.0%. You will depreciate the machine using the MACRS method, and the 5-year category. The marginal tax rate = 34%. The salvage value = 0.
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Year |
Revenues Actual $ |
Operating Costs Actual $ |
Before Tax Cash Flow Actual $ |
MACRS % |
Depreciation Amount (dt) |
Book Value |
Taxable Cash Flow |
Tax |
After Tax Cash Flow Actual $ |
|
0 |
NA |
NA |
NA |
NA |
NA |
NA |
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1 |
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2 |
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3 |
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4 |
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5 |
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6 |
In: Economics
QUESTION 3 a. „Unemployment is a bad omen for many families as well as the nation at large‟. Discuss the aforementioned statement. b. With the aid of diagrams, explain how fiscal and monetary policies can be used to deal with the problem of unemployment.
In: Economics
In: Economics
1) We came out of the 2001 recession some time back (quite some times back). What kind of policies were adopted to help get us out of that recession? Do these sound like Keynesian policies or Classical ones? Why? How would the policies by the other school of thought look different? What about the policies adopted to get us out of the 2008 recession? What kind of policies were these?
In: Economics
1- What is a transcultural competence?
2-As a young graduate who got a job in a multinational company based in one of the European countries, how do you develop the competence?
In: Economics
According to Ballenger, What is argumentative logic and how might you use it to organize a paper?
In: Economics
According to Ballenger, what are the three things that all essays must do?
In: Economics
Consider the market for potatoes. You can assume perfect
competition.
It is known that the market equilibrium price is $3 per kg and the
market equilibrium quantity is 100,000 kg. It is known that when
the price is $3 price elasticity of demand is 0.4 and price
elasticity of supply is 1.1. Assume that initially the market for
potatoes is in equilibrium.
a) Draw a diagram with (downward-sloping) demand and
(upward-sloping) supply schedules. Indicate the market equilibrium,
consumer surplus, producer surplus and the dead-weight loss.
(Remember the relation between elasticity and the absolute slope of
the demand and supply schedules. You do not have to be precise,
just make sure it is clear which schedule is steeper).
You answer.
b) If the price increases by 5% what would be the percentage change of quantity demanded? What would be the new quantity demanded? If the price increases from $3 to $3.03 what would be the new quantity producers would be willing to supply?
You answer.
c) The government decides to introduce a 10% tax on the price of potatoes. How would such a decision affect the equilibrium price (paid by consumers) and the equilibrium quantity? Explain using a clearly labelled graph. (Note that you are not required to calculate anything in this question.)
You answer.
d) What would happen to consumer surplus, producer surplus, government revenue and the dead-weight loss when the 10% tax on the price of potatoes is implemented. Explain. Show the new consumer surplus, producer surplus, government revenue and the dead-weight loss on the graph in part c). Who bears higher tax burden, consumers or producers? Explain.
You answer.
In: Economics