Questions
Assess how the current monetary AND fiscal POLICIES in the united states may impact Johnson &...

Assess how the current monetary AND fiscal POLICIES in the united states may impact Johnson & Johson's financial performance in the short term (the next 6-12 months). Justify the response.

In: Economics

Public school policy at the state or local level. Give an example of how the actors...

Public school policy at the state or local level. Give an example of how the actors in the local or state government and/or how the structure of the government affects decisions about the public.

In: Economics

Which option best describes Voluntary Export Restriction? a. A program that allows reduction of an imported...

Which option best describes Voluntary Export Restriction?

a.

A program that allows reduction of an imported product and increase in the price of that product, while reducing its sales.

b.

A program that increase the exportation of a product decrease in the price of that product, while reducing its sales.

c.

A program the allows an increase in export and import of a product and increase in the price of that product, while reducing its sales.

d.

A program that allows reduction of an imported product and decrease in the price of that product, while reducing its sales.

In: Economics

b) The demand for baseball tickets is Q = 360 − 10P and the supply of...

b) The demand for baseball tickets is Q = 360 − 10P and the supply of baseball tickets is Q = 20P. Calculate the equilibrium quantity and price before tax. Now assume a per-ticket tax of $4. Calculate the price paid by consumers and price received by seller (allow prices to go up to 5 decimal places) after a per-ticket tax of $4. Calculate the new equilibrium quantity and the dead-weight loss, as a result of tax. Interpret your results. Graph the old and new prices, quantities and the dead-weight loss [3 marks].

In: Economics

Boris is considering buying a new lawnmower. He has a choice between X mower and a...

Boris is considering buying a new lawnmower. He has a choice between X mower and a Y mower. The salvage value of each mower at the end of its service life is zero.

X

Y

First Cost

$350

$120

Life

10 years

4 years

Annual Gas

$60

$40

Annual Maintenance

$30

$60

Find which alternative is preferable using the IRR method and a MARR of 5 percent. Answer the following question by using present worth computations to find the IRRs. Use the least common multiple of service lives. Which of the two alternatives should be chosen? Use the ERR method if necessary.

(It is important to use least common multiple of service lives in this question.)

In: Economics

With practical examples, explain why there are more violent crimes in urban than rural areas in...

With practical examples, explain why there are more violent crimes in urban than rural areas in Ghana. How can the growing problem of insecurity in urban Ghana be addressed? give relevant references.

In: Economics

Although cities have increasingly been viewed as the engine of growth and development in the 21st...

Although cities have increasingly been viewed as the engine of growth and development in the 21st century, the current coronavirus (COVID-19) pandemic has significantly exposed the downsides of urbanization. Discuss.

In: Economics

what was The Columbian Exchange and how change the Europe and america? in your opinion how...

what was The Columbian Exchange and how change the Europe and america?

in your opinion how do changes created by the Exchange still affect the world today?

In: Economics

What are 3 of the biggest impacts of COVID-19 on the economy? I need 3 examples...

What are 3 of the biggest impacts of COVID-19 on the economy? I need 3 examples with citations for a paper.

In: Economics

Describe the COUNTER ARGUMENTS to the national security, declining industries, and infant industry arguments for protecting...

Describe the COUNTER ARGUMENTS to the national security, declining industries, and infant industry arguments for protecting a domestic industry from international competition.

In: Economics

Aggregate Expenditure Practice Problem #1 Consider the following AE model: C=.75Yd+ 300   Yd = Y –...

Aggregate Expenditure Practice Problem #1

Consider the following AE model:

C=.75Yd+ 300   Yd = Y – T     I=100   G=50   T=40   M=50 X=65

1. Find the following:

Y* =

MPC =

MPS =

Budget Deficit =

Trade Surplus =

Autonomous C =

At Y*, C =

At Y*, I =

At Y*, G =

At Y*, T =

At Y*, net exports =

At Y*, Savings =

Leakages =

Injections =

2. Using the ∆RGDP equation, compute the new Y* if G is decreased by 15.

3. Verify your computation in #2 above by substituting G = 35 in the full AE model, and show your work.

4. Assume G remains at its original level of 50. Using the ∆RGDP equation, compute the new Y* if T is increased by 15.

5. Why does the change in G in question #2 have a more powerful effect on the economy than the change in T in question #4?

Aggregate Expenditure Practice Problem #2

Consider the following AE model:

C=.80Yd+ 200   Yd = Y – T    I=125 G=200 T=150 M=100 X=50

1. Find the following:

Y* =

MPC =

MPS =

Budget Deficit =

Trade Surplus =

Autonomous C =

At Y*, C =

At Y*, I =

At Y*, G =

At Y*, T =

At Y*, net exports =

At Y*, Savings =

Leakages =

Injections =

2. Using the ∆RGDP equation, compute the new Y* if autonomous consumption is decreased by 50.

3. Assume that YFE = 2000. Compute the ∆G necessary to make Y* = YFE.

4. Assume that YFE = 2000. Compute the ∆T necessary to make Y* = YFE.

In: Economics

According to the Wall Street Journal, the value of U. S. dollar relative to the value...

According to the Wall Street Journal, the value of U. S. dollar relative to the value of foreign currencies has significantly risen since the last election. Assuming that the economy is currently in the long-run macroeconomic equilibrium, use the AD-AS model and analyze how an increase in the value of U.S. dollar will affect the U.S. economy. In each case, be sure to label the initial equilibrium and new equilibrium including the equilibrium price and equilibrium GDP.
a. Draw a basic AD and SRAS graph (with LRAS constant) showing the economy in the long-run equilibrium. (2pts)
b. How does it change the short-run macroeconomic equilibrium? Briefly explain and illustrate it on your graph. (2pts)
c. How does the economy adjust back to long-run equilibrium? Briefly explain and illustrate it on your graph. (2pts)

In: Economics

1. Briefly describe WHY the Classical Economists believed there was no point in stimulating the Aggregate...

1. Briefly describe WHY the Classical Economists believed there was no point in stimulating the Aggregate Demand curve to achieve Economic Growth?

2. Briefly describe WHY the Keynesian Economists believed there was no point in stimulating the Aggregate Supply curve to achieve Economic Growth?

3. In the Modern Macroeconomic Synthesis, both matter: Why is this the case?

4. Given the Federal Government and Provincial Government responses to this Time of Pandemic, briefly explain at least ONE POLICY that would IMPACT EACH of the Aggregate Demand, AD curve AND the Short-Run Aggregate Supply, AS curve

In: Economics

a. In an article in the New York Times in 2009, the author makes the following...

a. In an article in the New York Times in 2009, the author makes the following statement: “And whenever the economy begins growing again, it won’t feel good for a while. The unemployment rate may continue to rise into 2010.” Why would the unemployment rate continue to rise if the economy has begun to grow again? (3pts)



b. Why isn’t unemployment rate equal to zero when the economy is at full employment? Briefly explain. (3pts)
c. If the quantity of final goods and services produced decreased, could real GDP increase? Could nominal GDP increase? If so, how? Briefly explain. (3pts)

In: Economics

Lesson 3.3 DB - Wages and Supply and Demand Please answer both questions to receive full...

Lesson 3.3 DB - Wages and Supply and Demand

Please answer both questions to receive full credit for this assignment.  Use your Unit 3 Notes Guide to help you craft your answers.  Be sure to remember to use economic evidence from the lesson to support your opinion.

1. How do we decide how much each person in society should be paid? Why do some jobs receive high wages while others do not? Do wages reflect what types of jobs our society values?

2. View the supply and demand graph below. Analyze how jobs are affected by supply and demand. In the last five months, we've senn a lot in the news about supply, demand and unemployment.  

Using what you know about supply and demand and labor, explain how changes in supply and demand couple impact employment and jobs.

   

35 35

In: Economics