Questions
which of the following government policies is the new classical response to an economic recession? a....

which of the following government policies is the new classical response to an economic recession?
a. adjust the minimum wage higher
b. terminating labor unions
c. increase in government spending

In: Economics

Think about the products or services you use. You can also think of a particular store...

Think about the products or services you use. You can also think of a particular store like Wal-Mart or Target. Choose one and talk about their marketing tactics. What makes you purchase the good or service? How do they advertise? Do they have misleading marketing? How are you personally being marketed to? Please respond in 250 words.

In: Economics

Table 9-10 Product Quantity (2013) Price (2013) Expenditure (2013) Price (2018) Expenditure (on base year quantities)...

Table 9-10

Product

Quantity (2013)

Price (2013)

Expenditure (2013)

Price

(2018)

Expenditure (on base year quantities) (2018)

Computers

1

$1,200

$1,200

$900

$900

Books

10

25

250

30

300

Burgers

50

   3

150

     4

200

    Total

$1,600

$1,400

38) Refer to Table 9-10. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2013 is the base year, then what is the CPI for 2018?

A) 14.3

B) 87.5

C) 114.3

D) 160

39) The broadest measure of the price level that includes all final goods and services in the GDP is

A) the producer price index    .                      

B) the consumer price index.

C) the GDP inflator.

D) none of the above.

Table 9-7

Year

CPI

2017

173

2018

180

40) Refer to Table 9-7. Suppose that the data in the table above reflect price levels in the economy. What is the inflation rate between 2017 and 2018?

A) 2.9%

B) 3.5%

C) 4.0%

D) 5%

E) 7.5%

41)Which of the following can explain why some countries have not experienced relatively high growth rates in real GDP per capita despite relatively low initial levels of real GDP per capita?

A) Many of these developing countries do not have a functioning court system that can enforce laws.

B) Countries that are relatively poor are more likely to experience wars and revolutions.

C) Countries that are relatively poor are likely to have a lower quality of health care.

D) none of the above

E) all of the above

In: Economics

How much money can Bank A create by making loans? How much money can the banking...

How much money can Bank A create by making loans? How much money can the banking system as a whole create? Show your detailed calculation. What can you say about the relationship between the required reserve ratio and money creation? Why do some banks hold a part in excess reserves instead of loaning all excess reserves out? What are some other ways that banks may use a portion of their excess reserves?

In: Economics

THIS WEEKS TOPIC: macroeconomics perspective. gross domestic product (GDP) i need to post 1 question about...

THIS WEEKS TOPIC: macroeconomics perspective.

gross domestic product (GDP)


i need to post 1 question about the material covered in class this week. this weeks lecture notes were on: macroeconomics perspective &

gross domestic product (GDP).


cannot ask exam/ quiz style questions. i need to ask questions that will help me or someone get a better understanding of the material. something i may need clarification on, etc.

In: Economics

What are the differences in business between the 1970s and today? Social responsibilities and and ethics...

What are the differences in business between the 1970s and today? Social responsibilities and and ethics wise?

In: Economics

Growth stocks have outperformed value over recent years. However, value has shown to perform better over...

Growth stocks have outperformed value over recent years. However, value has shown to perform better over long periods of time. Is that the case now?

In: Economics

Suppose the production function of PowerGuns Co. is given by Q = 25LK where Q is...

Suppose the production function of PowerGuns Co. is given by Q = 25LK

where Q is the quantity of guns produced in the month, L is the number of workers employed, and K is the number of machines used in the production. The monthly wage rate is $3,000 per worker and the monthly rental rate for a machine is $6,000. Currently PowerGuns Co. employs 25 workers and 40 machines. Assume perfect divisibility of labor and machines.

  1. What is the total cost of the current production of PowerGuns in a month? What is the average cost to produce a shooting gun? Assuming the number of machines does not change, what is the marginal cost of producing one additional gun?

  2. What is the law of diminishing returns? Does this production display this characteristic? Explain.

In: Economics

At what price does Shortage and Surplus occur ? Once a market has shortage and Surplus,...

At what price does Shortage and Surplus occur ? Once a market has shortage and Surplus, then what happens to the market price?

In: Economics

Summarize the difficulties of learning aggregate demand and aggregate supply.(150 words)

Summarize the difficulties of learning aggregate demand and aggregate supply.(150 words)

In: Economics

This assignment invites you to consider how the dynamics of cultural globalization shape your own lived...

This assignment invites you to consider how the dynamics of cultural globalization shape your own lived experiences. Your task is to choose any ONE specific cultural product, experience, or expression, and explain how it reflects the dynamics of cultural globalization. You may, for example, choose to consider the ways in which a particular food you enjoy or music you listen to demonstrates the phenomenon of ‘glocalization,’ or perhaps how the adoption of a Western style of dress or the global popularity of an American movie reflects the phenomenon of cultural homogenization. Investigate your chosen example by exploring one or two credible outside sources for further information (e.g. news sites, business websites, magazine articles, music videos, etc.). Once you have a good amount of detailed information about your specific cultural product, experience, or expression, use theoretical and empirical details drawn from your readings, and related learning materials to explain precisely how your example demonstrates the phenomenon of cultural globalization. Be sure to clearly define and explain key concepts (e.g. culture, Americanization, hybridization) using your readings, and learning materials

500-700 words

In: Economics

question 1. How the firm creates and develops competitive advantages in the international marketplace? Explain The...

question 1.

How the firm creates and develops competitive advantages in the international marketplace? Explain The Porter Diamond and Porter’s Five Forces models.

question 2.
How company can made strategic marketing plan for globalization. Explain about marketing mix.

question 3.
Identify the impact of digitalization on globalization with a company case study.

In: Economics

Describe the globalization. Explain the reasons for the globalization. Why companies should globalize? Explain with value...

Describe the globalization. Explain the reasons for the globalization. Why companies should globalize? Explain with value chain.

In: Economics

Pharmacoeconomics Question: Explain the advantages and disadvantages of using modelling for clinical decision making. in pharmacoeconomics

Pharmacoeconomics Question:

Explain the advantages and disadvantages of using modelling for clinical decision making. in pharmacoeconomics

In: Economics

How the firm creates and develops competitive advantages in the international market place? Explain the Porter...

How the firm creates and develops competitive advantages in the international market place? Explain the Porter Diamond and Porter's five forces models.

In: Economics