Explain the barriers to voting percentages in Texas.

Select a Product/Service and answer the below question.

1. Describe its Features and benefits.

2. Target Market - (Who is it intended for?)

3. Price - (What does it cost?)

4. Place - (Where can you buy it)

5. Promotion - (How can you find out more about it)

Please comment the following sentences:
i) In the Mundell-Fleming setup, the increase in pessimism from consumers and firms in

the euro area affects GDP more severely than in a scenario of absence of a monetary union.

What specific actions did the Federal Reserve take in response to the 2007-2009 financial crisis: i) Using the lender of last resort tool?
ii) Using the monetary policy tool?

The Fed sets higher interest rate at each price level. Will Inflation and Real GDP increase or decrease?

Provide Diagram.

The major or central problem facing managers in their decision making process is the scarcity of resources. Discuss this statement with examples.

9. Would the currency of a smaller developing country with capital controls and tariffs/taxes result in Covered Interest Rate Parity (IRP) holding with respect to larger developed countries? Why or why not?

Lynn is thinking about leaving her job as a CPA to open a clothing store. The estimated revenue for a year is $200,000. Her costs are $120,000 in rent, insurance, utilities, equipment, and inventory. She would also be forgoing her wages of $75,000 in order to run her business full time.

a. What is her accounting profit?

b. What is her opportunity costs?

c. What is her economic profit?

d. Should she leave her job and open this clothing store?

As poor economies grow, the share of production that passes through formal markets rises as subsistence farmers become more integrated into markets and improved law enforcement reduces black market activity. Would this process tend to raise or lower the measured rate of economic growth? Would the measured rate of economic growth tend to understate or overstate the true rate of economic growth? What is a possible solution?

1. If we increase government spending on education and infrastructure how will this impact AD/AS in the

a) Classical Model

b) Keynesian Model

c) Supply-side Model

How should government policymakers respond to the business cycles? (Hint: “The Federal Reserve’s job is to take away the punch bowl just as the party gets going” says William Mc Chesney Martin. On the other hand Milton Friedman says “What we need is not a skilled monetary driver of the economic vehicle continuously turning the steering wheel to adjust to the unexpected irregularities of the route, but some means of keeping the monetary passenger who is in the back seat as ballast from occasionally leaning over and giving the steering wheel a jerk that threatens to send the car off the road

1. To fight a inflation

a) How should the government execute Fiscal Policy?

b) How should the Federal Reserve Bank execute Monetary Policy?

Make sure to include the appropriate graphs and analysis and how these policies each affect C,I, G, NX, AD, AS, P, Q, inflation, and economic growth.

Monetarists, claim that central banks have to keep the money supply growing at a steady rate. They believe that fluctuations in the money supply are responsible for most large fluctuations in the economy. They argue that slow and steady growth in the money supply would yield stable output, employment, and prices. On the other hand, some economists believe that monetarist policy rule would work only under a certain circumstance otherwise it would be useless. According to these economists what is necessary for the monetary policy rule to be effective?

Suppose the economy is initially in long-run equilibrium and experiences a favourable inflation shock. a) Explain how the SRAS line is affected in the short-run. b) Use your result for part (a) along with the AD-AS diagram to illustrate and explain what will happen to output and inflation in both the short-run and the long-run if the Reserve Bank accommodates the favourable inflation shock. c) Use your result for part (a) along with the AD-AS diagram to illustrate and explain what will happen to output and inflation in both the short-run and the long-run if the Reserve Bank does not accommodate the favourable inflation shock.