You are hired as an economic consultant by a developing country that is experiencing high rate of unemployment, widespread poverty, and out-migration. What economic strategy would you formulate to achieve higher economic growth in the long run aimed at raising the standard of living of the country's population? What effect the prescribed policy measure would have on the nation's PPC?
In: Economics
Voting as a mechanism for public choice is associated with which of the following problems?
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In: Economics
In: Economics
As the U.S. grapples with a growing list of transportation infrastructure needs and limited public funds, more states are looking to public-private partnerships as a means of fixing and replacing aging bridges, tunnels and roads. Should the private sector help rebuild American infrastructure? Is there a downside for taxpayers? what would be the engineer's opinion?
In: Economics
In: Economics
A new production system for a factory is to be purchased and installed for $177,896. This system will save approximately 300,000 kWh of electric power each year for a 6-year period. Assume the cost of electricity is $0.10 per kWh, and factory MARR is 15% per year, and the salvage value of the system will be $9,551 at year 6. Using the AW method to analyzes if this investment is economically justified
A- calculate the AW of the above investment and insert the result below.
In: Economics
Explain why this statement is false: Since there are many hotels and many hotel customers in San Francisco, it is definitely appropriate to use the supply and demand model to analyze the market for hotel rooms in San Francisco. [Hint: Under what circumstances is the supply and demand model appropriate?]
In: Economics
There are some 200 economic integration agreements in effect around the world already, far more than even a few years ago. Virtually every country is now party to one or more free trade agreements. Differentiate among the five levels of economic and political integration for regional trading blocs. Why do certain regional integration agreements, like the South Asian Association for Regional Cooperation, fail?
In: Economics
Identify each of the following acts as representing either saving or investment and explain why.
a. Fred uses some of his income to buy government bonds.
b. Julie takes some of her income and buys mutual funds.
c. Alex purchases a new truck for his delivery business using borrowed funds.
d. Elaine uses some of her income to buy stock in a major corporation.
e. Henrietta hires a builder to construct a new building for her bicycle shop.
In: Economics
Your boss asks you to do fundamental analysis of a corporation. What value is she asking for and how would you estimate this value?
In: Economics
Can you be fired/disciplined if you refuse to go to work? (The actual question here was: What if there is no legitimate reason not to come to work, but an employee still refuses to show up. Could this result in discipline? Also, it is not clear, but I assume the employee is not showing up because of fears related to COVID-19.)
Based on the lawyers' answers to these questions, do you think there is sufficient legal protection for employees who may not want to show up for work due to COVID-19 fears? Explain.
In: Economics
1. What is NAFTA and when was it formed?
2. What is the real reasons that NAFTA was formed and tell me 2-3 positives and negatives that are the result of NAFTA?
3. What stage of integration is NAFTA and where do you think it will be by 2025?
4. How is USMCA different from NAFTA?
In: Economics
how is (was) productivity measured in your organization? Discuss the concepts of total production, average production, and marginal production. Relate production to cost and discuss how the ideas of total cost, average cost, and marginal cost are used in decision making.
In: Economics
Why is there a sluggish housing market in 2011?
In: Economics
describe the resemblance of new market and the comparison to children behavior as it relates to borrowing
In: Economics