Pick any contemporary policy issue, debate, or an aspect of the way government works today and then explain how that issue or procedure demonstrates Federalist and Anti-federalist principles.
This is all the questions asks.
In: Economics
Evaluate whether the Phillips curve can still validly resolve today’s issues of unemployment and inflation and forecast unemployment and inflation. Why or why not?
In: Economics
Analyze why the recent 20-year U.S. unemployment and inflation data approves or disapproves the short-run Phillips curve?
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“The List”---the list of services and products that are provided to all people “free” at the point of sale by our government and our society, with the costs paid for by taxation---income taxes, sales taxes, property taxes, special taxes on alcohol, tobacco, gasoline, and other taxes…. 1. IN YOUR OPINION, which service or product on The List is the MOST important? Why? 2. Which service or product is the LEAST important? Why? 3. WHAT ONE SERVICE OR PRODUCT WOULD YOU ADD TO THE LIST? WHY? Why did you choose this service or product over all other possible choices? 4. Has the pandemic played a role in your answer to #3.? Why or why not?
In: Economics
Q5) Construct a firm under pure monopolistic condition. Then 4 firms enter the market, when government deregulate monopoly. Graphically, show that equilibrium market price in the long run, when 5 firms construct a cartel. Explain changing process in the market.
(please work on this, if you have enough knowledge about topic !!!! )
In: Economics
What are:
a) The most interesting or fun facts about Russia?
b) Key challenges, risks, threats of doing business in Russia from
an economic perspective?
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-why is antiglobalization a complicated concept to achieve?
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The use of petroleum products is thought to be one of the lead causes of pollution and climate change. One main use of petroleum products is as fuel for cars and other forms of transport. Discuss the pros and cons of taxing petrol to reduce pollution. 15marks.
Use graphs to explain.
In: Economics
Consider the simple version of the Solow model we discussed, and focus specifically on the long run (steady state).
a. What variables within this model can increase the growth rate of output per capita? Explain the intuition behind each.
b. What variables within this model can increase the level of output per capita? Explain the intuition behind each. c. Which real-world factors that may be important for people’s prosperity are not included in our simple version of the Solow model? Briefly discuss them.
In: Economics
Consider a perfectly competitive market for childcare. Recently a per unit subsidy was provided for parents who send their child(ren) to childcare. Assume there are no other subsidies in operation in the industry.
a. [10 marks] Examine the effects of this subsidy on consumers, produces and the wider market.
b. [10 marks] Anecdotal evidence suggests that the number of children attending childcare services has NOT increased. How could you explain this?
Use graphs to explain if needed.
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Predict how possible changes in monetary policy may impact the supply and demand of j&j baby powder.
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Describe the current monetary and fiscal policies in the U.S. and how these policies affect johnson & johnson products and services.
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Topic: Managerial Economics
"The higher the rate of interest the lower is the present value. So also the further in the future the amount payable is, the less the present value of the amount".
Please explain the above meaning of this line.
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In 2003, Porsche unveiled its new sports utility vehicle (SUV), the Cayenne. With a price tag of $40,000 (2003 dollars), the Cayenne went from zero to 62mph in 9.7 seconds. Porsche’s decision to enter the SUV market was a response to the runaway success of other high-priced SUVs such as the Mercedes Benz M-Class. Vehicles in this class had generated years of high profits. The Cayenne certainly spiced up the market, and Porsche subsequently introduced the Cayenne Turbo S, which goes from zero to 60 mph in 3.8 seconds and has a top speed of 176 mph. The price tag of the Cayenne Turbo S in 2018 was around $130,000.
Some analysts questioned Porsche’s entry into the luxury SUV market. The analysts were concerned not only that Porsche was a late entry into the market, but also that the introduction of the Cayenne would damage Porsche’s reputation as a maker of high-performance automobiles.
Question: In evaluating the Cayenne, what do you think Porsche needs to assume regarding the substantial profit margins that exist in this market? Is it likely they will be maintained as the market becomes more competitive, or will Porsche be able to maintain the profit margin because of ots image and the performance of the Cayenne?
In: Economics
Suppose SFU has figured out a way to deliver the lectures all around the world in a way that creates a demand for their lectures because in some way they're better than the lectures that you could get from other universities. They evaluate the demand in Korea and demand in Germany. The demands are as follows:
PK = 5,000 – 0.5QK
PG = 3,000 – 0.5QG
where PK and PG are the prices per course (per student) in Korea and Germany, respectively, and QK and QG are the number of students in Korea and Germany willing to enroll at those prices, respectively.
The cost of online delivery is C = 1,800Q, where Q is the total number of students enrolled (i.e., Q = QK + QG).
But the university probably would get the idea that it's not that difficult to distinguish students in Germany from students in Korea by checking, for instance, their citizenship documents when they register for the course and/or checking the location of their ISP (i.e., the university could solve the identification problem on the group level, i.e., tell whether a student is in Germany or in Korea and the university does not really face an arbitrage problem).
SFU decides to practice the 3rd degree (linear) price discrimination.
6. What price would SFU charge in Germany?
7. What price would SFU charge in Korea?
8. What would be their online enrollment in Korea?
9. What would be their online enrollment in Germany?
10. What would be their total online enrollment?
11. What would be the combined surplus in all the markets? I.e., what is the sum of the consumer surplus in Korea, consumer surplus in Germany, and SFU’s producer surplus from selling the instruction in both countries?
In: Economics