Ed's utility from vacations (V) and meals (M) is given by the function U(V,M) = V2M. Last year, the price of vacations was $200 and the price of meals was $50. This year, the price of meals rose to $75, the price of vacations remained the same. Both years, Ed had an income of $1,500. Include a budget line and indifference curve diagram in your response to this question.
In: Economics
1. The subject line for a request for a job offer time extension should _____.
A. include the job title and sender's name
B. include the sender's name
C. be an attention-getter
D. simply be "Request for Time Extension"
2. The opening of a request for a time extension should _____.
A. be attention-getting
B. come right out and request the extension
C. express a strong statement of interest in the job
D. follow the AIDA plan
3. When requesting a time extension, your emphasis should be on _____.
A. getting the company to make a better offer
B. showing your professionalism
C. the attractiveness of a competing company
D. accommodating your needs
4. One purpose of a time extension request should be to _____.
A. reassure that reader that you are interested in the company and the job
B. let the reader know that you have another potential job offer
C. let the reader know you are in demand
D. try to get a better offer
5. A time extension request should close with _____.
A. an expression of willingness to yield or compromise
B. a salutation
C. a demand for a response
D. a call for action
In: Economics
Three strategies can Firm use to minimize the risks of fluctuating exchange rates. Use examples.
(broad question)
In: Economics
Consider the following statement "we should continue allowing arguments that justify government intervention in trade under the WTO". Do you agree or disagree with this statement? In your answer use examples where appropriate.
In: Economics
Discuss the causes and consequences of global warming and climate change. Compare carbon taxes versus emissions trading for greenhouse gases reduction policy. Illustrate how global problems present more complex management issues
In: Economics
Describe the conceptual issues associated with externalities in both space and time. Discuss policy options for the control of regional pollutants such as acid rain. Analyze the level of economic efficiency of each option.
no reference
In: Economics
According to Cunningham (2011: 28-29), there are serious consequences for market failure by a nation, and particularly in a small and endowed country like Sierra Leone. Discuss 5 of those consequences that can arise due to market failure.
In: Economics
You are the chair of an IMF task force. Your job is to reevaluate the policy of bailing out national governments that suffer major losses in the private sector in the name of protecting the value of the currency. Taxpayers in industrial countries typically foot the bill for IMF activities, with loans typically running into the many billions of dollars. Some critics call this system a kind of “remnant socialism” that rescues financial institutions and investors from their own mistakes with taxpayer money. Financial crises often originate as private-sector affairs, but then central banks step in and pledge foreign exchange reserves to shore up the currency.
In: Economics
In: Economics
The Gold Standard 1870-1914 was associated with which of the following?
globalization |
||
London at the center of the system |
||
pure commodity currency |
||
all of the above |
Which of the following elements of Glass-Steagal act of 1934 was designed to prevent bank runs?
FDIC |
||
separation between investment banking and the National treasury |
||
interest rate ceilings |
||
FOMC |
Nationalist protectionist policies had which impact on the Great Depression?
shortened the depression and preserved employment domestically |
||
shortened the depression and increased inequality domestically |
||
prolonged the depression significantly |
||
these policies were benign with respect to the Great Depression |
Like many stable monetary regimes the Gold Standard broke down because of which of the following?
excessive money printing to finance war |
||
excessive government budget deficits |
||
loss of faith in the intrinsic value of gold |
||
technological innovation disrupting the old system |
In: Economics
Economic Goals include:
A. | growth | |
B. | high employment | |
C. | price stability | |
D. | all of the above |
In the economic business cycle, a period of prosperity is usually followed by:
A. | a depression | |
B. | a recovery | |
C. | a recession | |
D. |
a spike in the stock market |
Many sellers with differentiated products is categorized as:
A. | a monopoly | |
B. | an oliogopoly | |
C. | monopolistic competition | |
D. | perfect competition |
Resources or "Inputs" include:
A. | Land | |
B. | Labor | |
C. | Capital | |
D. | all of the above |
The system with the highest level of government control is:
A. | Free system | |
B. | Socialist system | |
C. | Communist system | |
D. | Democratic system |
In: Economics
In: Economics
Think of a relevant example in your own life of how a change in the market (including information, preferences, technology, price of alternative goods, regulations, taxes, etc.) has shifted either the supply or demand of a good. How did this change affect the market equilibrium for that good or service? Explain.
Next, find a relatively recent news article (within the past year) to support your finding (the news search feature in Google is helpful with this). If you cannot find an article specific to your example, you may find an article about another similar good or service.
In: Economics
Write an essay about why online education shouldn't
replace traditional education.
your essay should be at least 650 words.
Try to bring sources ( references ) in your essay.
write at least 5 paragraphs in your essay.
if you cannot do this, you can transfer it to the
English language section.
Thank you.
In: Economics