1.Which of the following stages are included in Mark Knapp's stages of coming apart?
Intensifying
bonding
circumscribinng
experimentinng
integrating
2. A relationship with a mentor is considered a _____ relationship.
family
workplace
friendship
romantic
passionate
3.Emma is physically attracted to Chris and also assumes that Chris is intelligent and easy to be around. What factor of attraction is Emma demonstrating?
birds-of-a-feather effect
shared resources
beautiful-is-good effect
physical attractiveness
reciporical liking
4.
According to social exchange theory, relational attraction can be described according to the following dimensions EXCEPT
uncertainity
costs
resources
comparison level of rewards in your present relationship
benefits
In: Economics
Out of all the trade theories choose one trade theory that features the role of government and one trade theory that does not. Comparing the two trade theories, outline which theory best represents the advantages and disadvantages of completely free international trade. In your answer justify why you chose this theory. (broad question 350 words approx).
In: Economics
why is there no time lag for automatic stabilizers?
In: Economics
A mathematical approximation called the Rule of 70 tells us that the number of years it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. For example, if Mexico’s real GDP per person is growing at 7 percent per year, it will take about 10 years (= 70 ÷ 7) to double.
Apply the Rule of 70 to solve the following problem.
If real GDP per person in Mexico was $11,000 in 2008, while it was $44,000 per person in Canada, and if real GDP per person in Mexico grows at a rate of 2 percent per year, how long will it take Mexico’s real GDP per person to reach the level that Canada was at in 2008? (Hint: How many times would Mexico’s 2008 real GDP per person have to double in order to reach Canada's 2008 real GDP per person?)
years
In: Economics
Consider the market for music recordings. You can either choose to buy vinyl or stream online for free.
In: Economics
The marketer must always be conscious of its environment. As a consultant to a toy manufacturing firm, discuss any five (5) macro environmental factors and show how they could influence the operations of the business
In: Economics
1. Which of the following are true about monopolies?
a. since monopolists control the market, they always earn positive economic profits
b. monopolists are price takers
c. neither statement is true
d. both statements are true
2. Price discrimination is the practice of charging:
a. different prices for different goods
b. different prices to different customers for the same product
c. the same price for different goods in different geographical locations
d. high prices for products with high marginal costs and low prices for those with low marginal costs
3. Which of the following is necessary to practice price discrimination?
a. the firm must have market power
b. the firm must not be able to prevent arbitrage of its product
c. the firm faces a perfectly elastic demand curve
d. the firm operates in a perfectly competitive industry
4. Price discrimination is motivated by a firm’s desire to:
a. penalize customers who do not match the racial or ethnic background of the firm
b. reduce the deadweight loss attributable to monopoly pricing
c. effect social justice through long-run sustainable pricing strategies
d. increase producer surplus
In: Economics
: Assume the market for Pepsi, the soft drink, is in equilibrium. For each of the following, (1) indicate whether the demand for Pepsi or the supply of Pepsi or both the supply and demand for Pepsi changes; (2) explain why the curve is shifting; (3) draw a graph illustrating the effect of the change on the equilibrium price and quantity of Pepsi; and (4) verbally explain what happens to the equilibrium price and quantity of Pepsi. Analyze each event independently.
In: Economics
In: Economics
The recent collapse of some banks and financial
institutions and the merger of others in ghana is proof that the
financial system which consists of institutional units and markets
that interact, typically in a complex manner, for the purpose of
mobilizing funds for investment and providing facilities, including
payment systems, for the financing of commercial activity remains
unprotected in spite of the the presence of the Regulator and a
solid legal system backing it. From the discussion in class and
available literature, examine some of the difficulties associated
with the financial system and how these challenges have been
addressed by the Banks and Specialised Deposit Taking Institutions
Act 2016 (Act 930). Are there any novel ways by which some of the
challenges may be resolved in your opinion?
In: Economics
1. Which of the following would increase prices for U.S. consumers?
a. |
a tariff on imported automobiles |
|
b. |
an automobile import quota |
|
c. |
a foreign government subsidizing auto production |
|
d. |
(a) and (b) above only |
2. The larger the MPC:
a. |
the less powerful changes in individual taxes will be in changing aggregate demand. |
|
b. |
the smaller the multiplier. |
|
c. |
the smaller the effect of a given increase in government purchases on consumption purchases. |
|
d. |
the larger the effect of business taxes which reduce investment on aggregate demand |
3. Suppose that the U.S. can make 15 cars or 20 bottles of wine with one year's worth of labor. France can make 10 cars or 18 bottles of wine with one year's worth of labor. From these numbers, we can conclude
a. |
the U.S. has a comparative advantage in the production of cars. |
|
b. |
France has a comparative advantage in the production of wine. |
|
c. |
the U.S. has a absolute advantage in the production of wine. |
|
d. |
all of the above are conclusions are correct |
4. Which of the following is an example of a pure market economy?
a. |
United States |
|
b. |
Switzerland |
|
c. |
Singapore |
|
d. |
No nation has a pure market economy |
In: Economics
Analyzing the impact of the fluctuating gold market on the Palestinian economy as ( a gold trader) in light of the Corona pandemic in details.
In: Economics
What impact is the COVID crisis having on the global economy? How long will it last? What are the current policy responses around the world and how effective will they be?
a short video from the respected weekly magazine "The Economist" and Harvard panel on this topic. Please watch these videos and share your thoughts.
In: Economics
The income of poor countries is often understated when using the exchange-rate method of measuring per-capita income, as opposed to the PPP method
In: Economics
To what degree do you think that outsourcing has been a driver for the continued existence of organized labor?
In: Economics