The Malaysian economy has gone through structural transformation, explain the transformation steps of Malaysian economy from being agricultural economy to manufacturing as the engine of economic growth and to the service sector as the engine of economic growth in terms of macroeconomic variable conurbation of every sector to the Gross Demotic Product (GDP), employment generation exports and valued added.
In: Economics
). Use incremental analysis to compare the two project options shown below. The number of periods is 10 and the MARR is 7%
Option A |
Option B |
∆A-B |
|
Initial Cost |
$275,000 |
$195,000 |
|
Annual Benefit |
$35,000 |
$25,000 |
|
Salvage Value |
$60,000 |
$50,000 |
Determine which option should be selected, based on the incremental analysis. State why (
In: Economics
A_How economic development can impact trip generation?
Sketch the relationship between them (write between 100-150
words)
[10 marks]
B_What are the major elements in calculating the
future trips and why it’s important to have the number of trips
(write between 50-100 words)
In: Economics
Use the standard trade model to show how export-biased growth lowers a country's terms of trade. Using two diagrams of the country's PPF, show how the export-biased growth can lead to either an increase or a decrease in the welfare of the country.
In: Economics
In: Economics
Think about the products or services you use. You can also think of a particular store like Wal-Mart or Target. Choose one and talk about their marketing tactics. What makes you purchase the good or service? How do they advertise? Do they have misleading marketing? How are you personally being marketed to? Please respond in 250 words.
In: Economics
Table 9-10
Product |
Quantity (2013) |
Price (2013) |
Expenditure (2013) |
Price (2018) |
Expenditure (on base year quantities) (2018) |
Computers |
1 |
$1,200 |
$1,200 |
$900 |
$900 |
Books |
10 |
25 |
250 |
30 |
300 |
Burgers |
50 |
3 |
150 |
4 |
200 |
Total |
$1,600 |
$1,400 |
38) Refer to Table 9-10. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2013 is the base year, then what is the CPI for 2018?
A) 14.3
B) 87.5
C) 114.3
D) 160
39) The broadest measure of the price level that includes all final goods and services in the GDP is
A) the producer price index .
B) the consumer price index.
C) the GDP inflator.
D) none of the above.
Table 9-7
Year |
CPI |
2017 |
173 |
2018 |
180 |
40) Refer to Table 9-7. Suppose that the data in the table above reflect price levels in the economy. What is the inflation rate between 2017 and 2018?
A) 2.9%
B) 3.5%
C) 4.0%
D) 5%
E) 7.5%
41)Which of the following can explain why some countries have not experienced relatively high growth rates in real GDP per capita despite relatively low initial levels of real GDP per capita?
A) Many of these developing countries do not have a functioning court system that can enforce laws.
B) Countries that are relatively poor are more likely to experience wars and revolutions.
C) Countries that are relatively poor are likely to have a lower quality of health care.
D) none of the above
E) all of the above
In: Economics
How much money can Bank A create by making loans? How much money can the banking system as a whole create? Show your detailed calculation. What can you say about the relationship between the required reserve ratio and money creation? Why do some banks hold a part in excess reserves instead of loaning all excess reserves out? What are some other ways that banks may use a portion of their excess reserves?
In: Economics
THIS WEEKS TOPIC: macroeconomics perspective.
gross domestic product (GDP)
i need to post 1 question about the material covered in class this week. this weeks lecture notes were on: macroeconomics perspective &
gross domestic product (GDP).
cannot ask exam/ quiz style questions. i need to ask questions that will help me or someone get a better understanding of the material. something i may need clarification on, etc.
In: Economics
What are the differences in business between the 1970s and today? Social responsibilities and and ethics wise?
In: Economics
Growth stocks have outperformed value over recent years. However, value has shown to perform better over long periods of time. Is that the case now?
In: Economics
Suppose the production function of PowerGuns Co. is given by Q = 25LK
where Q is the quantity of guns produced in the month, L is the number of workers employed, and K is the number of machines used in the production. The monthly wage rate is $3,000 per worker and the monthly rental rate for a machine is $6,000. Currently PowerGuns Co. employs 25 workers and 40 machines. Assume perfect divisibility of labor and machines.
What is the total cost of the current production of PowerGuns in a month? What is the average cost to produce a shooting gun? Assuming the number of machines does not change, what is the marginal cost of producing one additional gun?
What is the law of diminishing returns? Does this production display this characteristic? Explain.
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At what price does Shortage and Surplus occur ? Once a market has shortage and Surplus, then what happens to the market price?
In: Economics
In: Economics
This assignment invites you to consider how the dynamics of cultural globalization shape your own lived experiences. Your task is to choose any ONE specific cultural product, experience, or expression, and explain how it reflects the dynamics of cultural globalization. You may, for example, choose to consider the ways in which a particular food you enjoy or music you listen to demonstrates the phenomenon of ‘glocalization,’ or perhaps how the adoption of a Western style of dress or the global popularity of an American movie reflects the phenomenon of cultural homogenization. Investigate your chosen example by exploring one or two credible outside sources for further information (e.g. news sites, business websites, magazine articles, music videos, etc.). Once you have a good amount of detailed information about your specific cultural product, experience, or expression, use theoretical and empirical details drawn from your readings, and related learning materials to explain precisely how your example demonstrates the phenomenon of cultural globalization. Be sure to clearly define and explain key concepts (e.g. culture, Americanization, hybridization) using your readings, and learning materials
500-700 words
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