Explain the logic of the monetary neutrality and why changes in the quantity of money only affect nominal variables and not real variables. Do you agree that monetary neutrality approximates the behavior of the economy in the long run? Why or why not?

MUST BE AT LEAST 250 WORD RESPONSE / DO NOT RESPOND AND OR ANSWER IF NOT AT LEAST 250 WORDS!!!!!

Which of the following is TRUE regarding the quantity theory of money (equation of exchange)?

1. The theory predicts that in the long run the inflation rate equals the money growth rate minus the growth rate of real GDP.
2. The theory predicts that countries with high growth rates of money will have high inflation rates.
3. The theory predicts that if the growth rates of real GDP are higher than the money growth rates while the velocity rates are constant, countries will experience deflation.

1. The following matrix shows strategies and payoffs for two firms that must decide how to price their products.

Firm 1 _____________________________________________________________________________________

                                          Price High                                                    Price Low

Firm 2             Price High                        200. 200                                                       50,   300

                        Price Low                         300, 50                                                         120, 120

1. Is there a dominant strategy? If so, what is it?
2. Is there a Nash equilibrium? If so, what is it?
3. Is this a Prisoner’s Dilemma Game? Why?

2. Suppose MC = $10. Given each of the following price elasticities compute the profit-maximizing price and the optimal markup.

1. -5
2. -4
3. -3

Imagine that fully aware of the challenges to traditional modes of economic commerce presented

by the COVID-19 virus and the ramping up of the inevitable political competition between the United States

and China that currently threatens any previous cooperation between the two largest economies in the world

you have created a strategy that includes the total exclusion of any production dependence on China by switching

all to automated U.S. factories, low cost competitors to China (India, Indonesia, Mexico, etc.) you now need

to implement this strategy in a way that excites both your workforce and your shareholders. Additionally, you

want to lower costs and gain market share.

Former U.S. Secretary of State Lawrence Eagleburger claims that instead of an embargo, a more effective way to bring democracy to Cuba and other repressive nations would be to increase their exposure to the United States and other industrialized nations through trade and travel. Others claim, however, that governments that choose to violate human rights, expropriate private property, etc. must not be economically rewarded. Write a short essay that discusses the tension that frequently accompanies the use of economic means to achieve political ends. The reader of your essay should gain a solid illustration of the business uncertainties and business opportunities created by governmental trade policies.write down minimum 350 words.

If you could explain this and answer it, I would greatly appreciate it.

C. Use Excel (or equivalent application) to determine how long it will take for an investment to triple in value at interest rates of 1%, 5%, 10%, 15%, 20%, and 25%. Can you determine an approximate “Rule” for how to quickly calculate how long it takes for an investment to triple in value?

4. (a) The following table presents data on the economy of Macroland.

1. Calculate Labor productivity for each period.
2. Calculate output per capital for each period.
3. Calculate marginal return to capital for each period.
4. Calculate the growth rate for each period.

(b) The following table presents data on the economy of Microland.

1. Calculate Labor productivity for each period.
2. Calculate output per capital for each period.
3. Calculate marginal return to labor for each period.
4. Calculate the growth rate for each period.

Explain the construction of the long-run average cost curve. What do you mean by Economies
and diseconomies? What are the reasons of economies and diseconomies. 500 words answer

3. In the country of Macroland, the labor market is represented by the following equations:

                        Q_D = 600 – 40W

                        Q_S = -50 + 60W

where Q is the quantity of Labor in millions of workers and W is the wage rate.

(a) Currently the minimum wage Law in Macroland is $10 per hour. Calculate, the number of labor supplied, the number of labor demanded, the number of unemployed and the unemployment rate.              

(b) If Macroland eliminates the minimum wage law, what would happen to total employment, wage rate and the unemployment rate? 0

(c) In a clearly labeled graph, show your results for (a) and (b).

1)examples of elasticity, including an explanation of why or how they demonstrate the concept of elasticity;

2) examples of externalities, again including an explanation of why or how they demonstrate the concept of externalities.

1. Suppose the Fed decides to increase the money supply. It purchases a government bond worth $2,000 from Antonia, a private citizen. Antonia deposits the check in her account at First National Bank. Supposed the required reserve ratio is 0.2 (20%).

(a) Trace the effect of this change through three banks- First National, Second Federal, and Third State.

(b) How much money will be generated in this banking system?

Question 4 (the length of your answer for the entire question should not exceed two pages at the most)

1. (10 points) Poverty is mostly a rural phenomenon in many developing countries. In view of this observation, what policies would you recommend for poverty reduction in developing countries.
2. (10 points) In 1994, the United Nations provided the human security framework as a wider development and security paradigm. Describe any three of the key characteristics of this paradigm that makes it relevant to the contemporary reality.

please reply fast

The price elasticity of demand for the output of a firm is -2 and the price elasticity of demand for the output of the entire industry is -0.5.

a. Calculate the Rothschild Index for this industry.

b. Suppose that a firm and industry prices increases by 5 percent. What is the relative impact on firm and industry sales?

Suppose two airlines A and B must decide whether to discount a flight from Newark to LA. If both firms don’t discount the flight each firm earns a profit of 20. If both firms discount the flight, each firm earns a profit of 10. If firm A discounts the flight while firm B doesn’t, firm A earns a profit of 100 while firm B has a loss of 20. If firm B discounts the flight while firm A doesn’t, firm B earns a profit of 100 while firm A has a loss of 20.

a. Use the information to construct a payoff matrix for firms A and B.

b. Does firm A have a dominant strategy?
c. Does firm B have a dominant strategy?
d. What is the Nash Equilibrium for this game?

Explain your answers.