The November 2017 iPhone X and October 2018 iPhone XS have been regarded as Apple Computer’s first smartphone models with innovations that fail to impress compared to the innovations of its previous models. In a monopolistically competitive industry like smartphone handsets, show through a diagram and explanation, how the quantity produced by a firm in the long run compares to the quantity a perfect competitor would produce? Are the levels of product development and efforts to advertise product differences greater than the efficient level in monopolistically competitive industries?
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Please write a 3 page paper. CDC style. Comparing the 2008 financial crisis and the great depression.
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Please complete a 1 page summary on monetary policy
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ECONOMIC DECISION MAKING
PLEASE TYPE OUT ALL THE RESPONSES
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Please write a 5 paragraph essay describing the impact that the tariffs that the United States passed have impacted the U.S. and world economy. CDC style!
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a) Define Marginal Product; what is the logical meaning of 'Diminishing Marginal Returns' to a single variable factor of production ? b) What is the behaviour of Marginal product (MP) of a factor of production when Average Product (AP) is decreasing with the level of production ?
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Explain the so-called impossible trinity (also known as open economy trilemma). Using the diagram, discuss the policy alternatives of the monetary authority under different scenarios.
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IV. a. Derive the IS curve graphically by using the appropriate graphs that are appropriately linked up, and by explaining clearly what you are doing and why.
b. Use the graph for the IS-LM model (in i-Y space only) with the original eqm Y being full employment (that is, YFE) to show what will happen if President Trump enacts (another) tax cut. What is the name for this type of policy? What type of gap will exist, if any? What will happen to all the components of the goods and money markets?
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Explain the impossible trinity. Discuss the policy alternatives of the monetary authority under different scenarios.
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Suppose that we define money as the sum of currency and demand deposits. If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10 percent, what is the size of money multiplier? a. 1.8 b. 10 c. 2.5 d. 5
the answer is (a) but i don't know why
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