Choose the correct answer / answers:
1. If Pareto optimism prevails, then...
a) you always have to put someone worse if you want to put someone
else better.
b) you have to put everyone else in a worse position if you want to put someone in a better position.
c) you have to put someone in a better position if you want to put someone else in a better position.
d) you do not have to put somebody worse if you want to put somebody else better.
2. The following situation is an example of market
failure:
a) Managers earn up to a thousand times more than other
employees.
b) Unemployment prevails due to high taxes.
c) Uncontrolled increase in the supply of money leads to hyperinflation.
d) Untreated waste water is discharged into a lake and no payment is made.
3. Redistribution policy can be justified by the fact
that...
a) a market economy is often inefficient
b) a market economy can produce an unequal distribution of income.
c) a market economy may produce an unequal distribution of wealth.
d) the prevailing distribution of income does not correspond to the ethical goals of a society.
4. In Germany, the value added tax is to be temporarily
reduced from 19 to 16 percent in the second half of 2020. This is a
measure...
a) fiscal policy.
b) monetary policy
c) regulatory policy.
d) economic policy.
In: Economics
You have been appointed as a project manager for a large bank in Dubai. The board of directors can’t decide how to analyse the project stakeholders. They ask you to compare the Salience Model to the Stakeholder Rating Model. You must refer to the example of stakeholders in your comparison.
In: Economics
Evaluate the relative importance of the consequences of increased trade in the Atlantic Ocean from 1450-1750.
In: Economics
Yes, the Max is grounded, but there will be a return
to something more normal someday. Assume we've reached that
point!
Here’s an excerpt from a recent issue of ATA
SmartBrief: “Southwest Airlines and American Airlines are pleased
with the early performance of their Boeing 737 Max 8 passenger
jets. Southwest officials say the aircraft is performing as
expected and is 14% more fuel-efficient than Boeing's 737-800s.”
Not surprisingly, Boeing prices the B-737 Max 8 higher than the
otherwise comparable B-737-800. Based on the following data, is the
Max 8 a good financial choice instead of the 800 series aircraft?
Just as in all real-world financial analyses, you will need to make
some assumptions. Please present your net present value
computations to support your recommendation.
B-737 Max 8 list price: $112.4 million
B-737-800 list price: $98.1 million
Note that airlines typically receive a substantial
discount off list price averaging about 33%.
B-737-800 average hourly fuel consumption: 850 gallons
per hour
You will need the current price of jet fuel. Find it
with a Google search for “spot price of jet fuel.” You will see
that the price varies somewhat by purchase location, but you may
choose a representative price.
Average yearly flight hour utilization for both 737
models: 3,600 hours years
Typical useful lifetime in major airline service: 20
years
Assume the resale value (or opportunity cost) at the
end of 20 years of service is ½ of the initial purchase
price
In: Economics
b) In perfectly competitive markets, what is the meaning of 'PERFECT KNOWLEDGE '?
In: Economics
1. List the characteristics that must exist for one to be classified as unemployed
2. How is the unemployment rate calculated, illustrate using the example: Total population 1550; Employed 750; discouraged workers 30; frictional unemployed 100; cyclical unemployed 130; structural unemployed 150; part-time workers 75; marginally attached workers 80.
3. Define the natural rate of unemployment and what is the GDP gap if the level of unemployment is 4% above the natural rate?
In: Economics
Q12: Complete the following table by indicating how equilibrium price (P*) and equilibrium quantity (Q*) will change. Use + for increase, – for decrease, 0 for no change, and ? for unknown change. One of the cells has been filled in for you. When there is there is an increase in demand and no change in supply, P* increases and Q* increases.
|
Increase in supply |
No change in supply |
Decrease in supply |
|
|
Increase in demand |
DP* = DQ* = |
DP* = + DQ* = + |
DP* = DQ* = |
|
No change in demand |
DP* = DQ* = |
DP* = DQ* = |
DP* = DQ* = |
|
Decrease in demand |
DP* = DQ* = |
DP* = DQ* = |
DP* = DQ* = |
In: Economics
In: Economics
Compare the structure and independence of the Bank of Canada
(BoC)and Bank of Russia (BoR)
MAXIMUM ONE PAGE.
In: Economics
Identify a struggling retailer that is losing market share and facing profit problems. Conduct a cursory SWOT analysis: strengths and weaknesses, opportunities and threats.
In your opinion, will this retailer still be around in five years? Why or why not? Any recommendations?
Please limit your post to no more than 200 words. Be sure to cite your source(s) in current APA format.
In: Economics
3. Explain what caused inflation. Why do you think it
is easier to estimate the ten-year average inflation rate from the
inflation rate in a single year?
.
In: Economics
2. Explain how advances in technology affect labor productivity. Do
decreasing yields appear? Give an example of the advancement in
technology. Use the graph of the productivity curve to show your
answer.
In: Economics
what are the examples of nudges in the private sector and in the public sector?
In: Economics
Name a product that you regularly purchase from a firm that operates in an oligopolistic industry. Explain why the product and firm fit the model of oligopoly. Think about the TV commercials and/or print advertisements that you’ve seen from this industry: What interdependence have you noticed between the firm you selected and its rivals in terms of product differentiation, price leadership, or price competition? Explain your answer.
In: Economics
In 2012, the Federal Reserve announced an inflation objective of 2 percent “over the longer run” for the price index of personal consumption expenditures (FRED code: PCEPI). However, many analysts focus on the “core” price index (FRED code: PCEPILFE), which omits the volatile food and energy components. For the Fed’s horizon, does this difference matter? Plot the percent change from a year ago for both inflation measures since 2000. Download the data and compute the averages and standard deviations over that period. What do you conclude?
In: Economics