.Research topic: ghana's decline in fertility, the influence of education, and fertility preference.
In: Economics
give an in-depth economic analysis about Iceland's optional paternity leave policy. what is has done to decrease the wage gap and how it compares with other European countries?
In: Economics
Under a totalitarian government, the Indonesian economy grew strongly for 30 years. Meanwhile, the economy of the largest functioning democracy, India, performed poorly for decades until recently. Do you think the Indonesian economy grew despite or because of a totalitarian regime? What might explain India’s relatively poor performance under a democratic political system? What do you think you need to know about doing business in either of these 2 regions?
In: Economics
In: Economics
What are the 4 types of market failure? Explain each and give an example of each
In: Economics
Define network externalities.
What are the main characteristics that distinguish network industries from other industries.
Briefly, illustrate these characteristics.
In: Economics
(1) What is the contestable market hypothesis? What are the assumptions associated with the theory of perfectly contestable markets?
(2) Illustrate graphically that a natural monopoly is a contestable market
In: Economics
Assess the opportunities and challenges that federal healthcare exchanges have created. Compare and contrast the state versus federal exchanges.
In: Economics
Assess how objective risk is important in assess the relative variation in actual claims experience and why it is critical in writing up medical insurance plans.
In: Economics
In: Economics
1. Three market structures: perfect competition, monopoly, and
monopolistic competition.
– In each of these, would you expect to see firms spending money to
advertise their products?
Why or why not?
2. Is advertising good or bad from society’s viewpoint? Try to
think of at least one “pro” and “con.
In: Economics
This year the government of Bangladesh has introduced a fiscal stimulus package that significantly increases public expenditure. Because the government has problems borrowing in domestic and international credit markets these days, it asks the Central Bank of Bangladesh to print money and buy government bonds, so that the government will have sufficient money to spend.
Assume that the exchange rate is flexible and that the interest parity condition holds. Also, assume that the price level is exogenously determined and the conditions in the rest of the world remain unchanged. Finally, assume that the government's policy is viewed as temporary and has no impact on the course of the economy beyond the current year.
How would this policy affect the levels of private consumption and investment in Bangladesh this year?
a. |
Private consumption and investment will both rise. |
|
b. |
Private consumption and investment will both decline. |
|
c. |
Private consumption will rise and investment will decline. |
|
d. |
Private consumption will rise, but investment may rise or decline. |
|
e. |
Private consumption will remain unchanged, while investment will rise. |
|
f. |
Private consumption will decline, while investment remains unchanged. |
In: Economics
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $70,000 and her store made $145,000 in profits (not counting payment to her top manager). She suspected the store could do much better and feared the fixed salary was causing her top manager to shirk on the job. Therefore, this year she decided to offer him a fixed salary of $35,000 plus 15% of the store’s profits. Since the change, the store is performing much better, and she forecasts profits this year to be $290,000 (again, not counting the payment to her top manager).
Assuming the change in compensation is the reason for the
increased profits, and that the forecast is accurate, how much more
money will the owner make (net of payment to her top manager)
because of this change?
$
Does the manager make more money under the new payment scheme?
In: Economics
a) Suppose that the government plans to impose a tax on labour employed as an input in agriculture. Consider agriculture as a highly labour-intensive sector and discuss the possible effects of the tax, using the general equilibrium framework. b) Suppose that the government of your province has decided to provide a housing subsidy for low-income families of the province to raise their standard of living. The government has also decided to impose an income tax on workers (employees) to generate funds for the subsidy. Analyze the welfare effects of this decision. What are the suggestions you can make to minimize any negative welfare costs?
In: Economics