Questions
3. If you are producing a luxury watch, $10,000+ a piece, how can you use blockchain...

3. If you are producing a luxury watch, $10,000+ a piece, how can you use blockchain to eliminate counterfeits in the market (Chinese manufacturers can duplicate almost anything these days for a fraction of the price, you know; just look as Rolex)?

In: Economics

"How Netflix Expanded to 190 Countries in 7 Years" from Harvard Business Review According to the...

"How Netflix Expanded to 190 Countries in 7 Years" from Harvard Business Review

  • According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion?

In: Economics

1. Interest rates can fall to zero, but this does not mean that banks will be...

1. Interest rates can fall to zero, but this does not mean that banks will be able to lend out more money.

True / False

2. The president of the New York Federal Reserve Bank serves as a permanent member of the Open Market Committee.

True / False

3.After being without a central bank from 1833 to 1913, Congress passed the Federal Reserve Act which established our present central bank.

true / false

4. Which of the following is a true statement?

a. Considering the Volcker Rule, lawmakers made it clear that whatever the shape of the final rule, it would not interfere with the liquidity of the U.S. Treasury market.

b. The Volcker Rule has built in exemptions for U.S. government bonds and commodities.

c. The Volcker Rule is an example of regulators grappling with an impossible problem - how to prohibit proprietary bond trading while preserving bank activities favorable to the U.S. government.

d. All of the above.

In: Economics

Briefly explain the limitations of the Coase Theorem.

Briefly explain the limitations of the Coase Theorem.

In: Economics

A manager of Al-Ahram newspaper has an offer to buy a new printing machine which has...

A manager of Al-Ahram newspaper has an offer to buy a new printing machine which has initial cost of LE 29,000 and will have LE 4,000 salvage value after a life of 10 years. The estimated maintenance cost equals LE 800 in year 5, and the annual operating cost equals LE 12,000 for the first 4 years, increasing by 6% per year thereafter. a. Calculate the annual worth of the machine if the interest rate is 8% per year. b. If he has another bank that gives the interest rate at 5 % per year, Would the annual worth still the same? why

In: Economics

Briefly explain why externalities result in inefficient outcomes.

Briefly explain why externalities result in inefficient outcomes.

In: Economics

1. Your company designs and makes electronic counting and control devices for manufacturers. It employs 300...

1. Your company designs and makes electronic counting and control devices for manufacturers. It employs 300 people in the Midwest and has been in business on a privately owned basis for nine years. The industry is competitive, and your company must preserve an edge in getting new products to market faster than others, maintaining a high-quality product, offering good and sustained service to its customers, and selling at a competitive price. The company offers a privately insured health care plan, among other benefits and rewards, for all employees and their dependents. It is a traditional indemnity plan design and the cost as a percentage of total employee compensation has increased from 16 percent to 25 percent over the last two years. There is no cost to the employees for their health care. Your competitors are sponsoring much less expensive plans. Your CEO has asked you for a complete review of the health care plan and to create a design that is in line with the business strategy, is cost-effective, provides employees with choice and quality, and helps recruit and retain employees.

Can you link your health care plan to a potential increase in productivity? How? How would you measure?

In: Economics

Please listen to this podcast from The Federal Reserve, “The Business Cycle.” Consider how the economy...

Please listen to this podcast from The Federal Reserve, “The Business Cycle.” Consider how the economy has performed throughout your life. Identify a time you believed the economy was in a peak or a trough. When was the economy expanding? When was it contracting? Describe the overall trajectory of the economy throughout your life.

,“The Business Cycle.”

In: Economics

Explain economically what caused the housing crisis and how this crisis led to the 2007-2009 recession....

Explain economically what caused the housing crisis and how this crisis led to the 2007-2009 recession. Critically evaluate, using economic concepts, the federal government’s response to the recession. What changes in policy would you recommend for the future? Explain your recommendations using economic concepts.

In: Economics

Assume that you have (M0,N0) initially. As PM increases, use the Slutsky decomposition to identify the...

Assume that you have (M0,N0) initially. As PM increases, use the Slutsky decomposition to identify the substitution, income and endowment effects.

Show full on how got, and graphs if needed pls

In: Economics

To what extent do externalities cause inefficiencies in the production and consumption of goods and services?

To what extent do externalities cause inefficiencies in the production and consumption of goods and services?

In: Economics

You’re working on a team-based homework assignment with a partner, Deidre, that consists of an essay...

  1. You’re working on a team-based homework assignment with a partner, Deidre, that consists of an essay and graphing questions. You can write an essay answer in 15 minutes while Deidre takes 20 minutes to write an essay of similar quality. You can answer a graphing question in 30 minutes and it also takes Deidre 30 minutes.

    1. What are you and your partner’s opportunity cost of answering essay questions and of finishing graphing questions?

    2. Use the opportunity cost principle to determine each of your comparative advantages.

    3. If you each agree to spend one more hour on the task for which you hold a comparative advantage, and one less hour on the other task, what will happen to your joint output?

In: Economics

You and your friend Olivia are both volunteers at a cat rescue. The shelter supervisor asks...

You and your friend Olivia are both volunteers at a cat rescue. The shelter supervisor asks the two of you to clean out kennels and haul bags of cat food from the donation area to storage. You know from your last time volunteering that you can clean out 10 kennels in an hour or move 5 bags of cat food. Olivia can clean out 6 kennels in an hour or move 6 bags of cat food. Olivia suggests that you split the tasks equally. Answer the following questions to determine if Olivia is making the best decision.

a. Who has an absolute advantage in doing each task?

b. What are Olivia’s opportunity costs of doing each task?

c. What are your opportunity costs of doing each task?

d. Who has a comparative advantage in doing each task?

e. Who should do each task to minimize the amount of time you both spend?

f. Was Olivia’s suggestion the best possible way to allocate your time? Why or why not?

In: Economics

Compare and contrast the public finance philosophies of Libertarianisn and Neo-liberalism.

Compare and contrast the public finance philosophies of Libertarianisn and Neo-liberalism.

In: Economics

The average person thinks of the currency in her wallet or funds in her account when...

The average person thinks of the currency in her wallet or funds in her account when she thinks of the word “money,” but economists think about the concept of money in a much broader sense. What are the key features something needs to possess to be considered money, and what are some examples of things that have been used as money historically? Bitcoin and other cybercurrencies are frequently in the news now; do you think they should be considered money? Why or why not?

When you make your initial post, please fully answer the question and make substantive responses - i.e. at least 400 words that really dive into the topic and show that you've read the text and done research to support your opinions.

In: Economics