Questions
Please explain the travel distribution model and what are its 3 basic categories?

Please explain the travel distribution model and what are its 3 basic categories?

In: Economics

Which features distinguishes new growth theory compared to Solow's growth theory? Define those features in terms...

Which features distinguishes new growth theory compared to Solow's growth theory? Define those features in terms of the AK & Lucas model.

In: Economics

Explain two different institutions and/or policies that can affect the growth of real wages and the...

Explain two different institutions and/or policies that can affect the growth of real wages and the unemployment rate (ie. institutions and policies for increasing output and decreasing unemployment rate)

In: Economics

A country’s GDP is being measured by expenditure. Various categories of expenditure are recorded as follows:...

A country’s GDP is being measured by expenditure. Various categories of expenditure are recorded as follows: Households’ spending on consumption = $100bn, Firms’ spending on capital goods = $15bn, Firms’ addition to inventories = $1bn, Government spending on services = $10bn, Government spending on capital goods = $2bn, Government transfers (social security etc) = $10bn, Exports = $12bn, Imports = $10bn. What is the correct estimate of GDP?

In: Economics

What is the increase in unemployment above equilibrium unemployment caused by a fall in aggregate demand...

What is the increase in unemployment above equilibrium unemployment caused by a fall in aggregate demand associated with the business cycle?

In: Economics

Explain the pros and cons of regional integration and defend your position regarding regional integration. sources:...

Explain the pros and cons of regional integration and defend your position regarding regional integration.

sources: introduction to global business ch.3

In: Economics

Does the assumption of stuck prices hold true when the economy moves close to its potential...

Does the assumption of stuck prices hold true when the economy moves close to its potential output? Explain.

In: Economics

The period from 1930 to 1933 were years of the Great Depression bank panics. During this...

The period from 1930 to 1933 were years of the Great Depression bank panics. During this time the money supply (M1) fell by 25%. Yet the monetary base increased by 20 percent. a. How does the Fed affect the monetary base? b. Why did the U.S. money supply fall in the face of a rising money base during the Great Depression bank panics?

In: Economics

We might worry that healthcare as a right will invite moral hazard and free-riding—how and why?...

We might worry that healthcare as a right will invite moral hazard and free-riding—how and why? Explain the reasoning from an economic perspective!

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In: Economics

I need some assistance with discussing this topic Several studies indicate that the use of collaborative...

I need some assistance with discussing this topic

Several studies indicate that the use of collaborative research agreements is increasing around the world. Discuss the factors and implications of increased collaboration from a global perspective

In: Economics

What are the Six Standard Assumptions for the multiple regression model? Give some remarks for them.

What are the Six Standard Assumptions for the multiple regression model? Give some remarks for them.

In: Economics

If the Turkish Lira appreciates against the euro, then A) Europeans should find Turkish goods now...

  1. If the Turkish Lira appreciates against the euro, then

A) Europeans should find Turkish goods now less expensive.

B) Turkish consumers would find Turkish goods relatively less expensive than European goods.

C) European goods should have an easier time competing against Turkish goods in both countries.

D) Turkish goods should have an easier time competing against European goods in both countries.

Find the true one please

In: Economics

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression. The recession began in December 2007. Interest rates at the time were very low, close to zero. Despite the American Recovery and Reinvestment Act of 2009, a nearly $800 billion fiscal stimulus and an expansionary monetary policy, the economy is only now getting back to normal in 2015. In retrospect, what set of macro policies, if anything, should we have conducted to achieve a better recovery? Explain your reasoning. Be sure to address the arguments favoring active versus passive policymaking as they relate to your discussion. Where appropriate, cite examples from your text or other readings.

In: Economics

What actions can the Fed take to conduct monetary policy? What are some of the effects...

What actions can the Fed take to conduct monetary policy? What are some of the effects we would expect to see from contractionary or expansionary monetary policy? Now do some research and find any case of monetary policy action that the Fed utilized in the past 10 years and explain what purpose the Fed had in conducting that monetary policy action. What economic effect do you feel we saw from that monetary policy action? Do your best to avoid posting duplicated examples and information if possible.

In: Economics

why Queueing model is an important concept for improving business outcome?

why Queueing model is an important concept for improving business outcome?

In: Economics