What are the relevant economic trends and forecasts for the electric automobile industry?
In: Economics
3.3. Assume S = –N$200m + 0.08Yd; M= 0.1Y; I = N$300m; G =
N$150m; X = N$140m and t = 0.21Y.
(a) Calculate the total-spending function and equilibrium income.
Illustrate this on a graph. [5 marks]
(b) Indicate on the graph the effect of an N$100 million increase
in investment spending and comment on the magnitude of change in
the equilibrium income relative to the change in investment
spending. Calculate the new equilibrium income. [5 marks]
(c) Assume the marginal tax changes to 0.25Y. How will this change
influence the total spending curve? Illustrate this on your graph.
[5 marks
In: Economics
Price discrimination is an important tool both for firms attempting to eliminate competitors but is also used with great frequency as simply another way to increase profits. Consider the following type of problem. Part 1. Suppose you are running an electricity distribution firm, and you have two basic types of consumers. One group of consumers has a relatively high price intercept with a flat demand curve, and the other group of consumers has a relatively low price intercept and a steep demand curve. What method of price discrimination might you wish to use? Explain.
In: Economics
In: Economics
What are the determinants of population growth? How does high population growth impact economic development and poverty? What is your prediction for global population and what policies do you recommend to stabilize population?
In: Economics
What is a proper Christian response to poverty? Is giving money the answer? What would you suggest American Christians do?
In: Economics
This rubric element wants you to look at the policies in place at the start of your chosen decade.
•You will need to provide details on the policies and examine how they were related to macroeconomic issues at the time. Your slide(s) on this will highlight the key points and your speaker notes will add the explanatory detail needed.
•You may need to take a peak at what was happening in the years leading up to the start of your decade.
I need an explanation on the above for the period of 1990-2000. Any help would be appreciated. Thank you!
In: Economics
5. The federal government recently decided to raise the excise tax on hard liquor. 10 pts a. Graphically illustrate the effects of this tax on the market for hard liquor. b. Would a $1 increase in the excise tax on liquor increase the equilibrium price of liquor by $1? Explain. c. How would the excise tax on hard liquor affect a beer distributor?
In: Economics
In: Economics
Consider an economy with a corn producer, some consumers, and a government. In a given year, the corn producer grows 30 million bushels of corn and the market price for corn is $5 per bushel. Of the 30 million bushels produced, 20 million are sold to consumers, 5 million are stored in inventory, and 5 million are sold to the government to feed the army. The corn producer pays $60 million in wages to consumers and $20 million in taxes to the government. Consumers pay $10 million in taxes to the government, receive $10 million in interest on the government debt, and receive $5 million in Social Security payments from the government. The profits of the corn producer are distributed to consumers. Calculate GDP using the product approach, the expenditure approach, and the income approach. Calculate private disposable income, private sector saving, national saving, and the government deficit. Is the government budget in deficit or surplus?
In: Economics
In: Economics
Do you agree that these options - either begrudingly work hard to get to the top, or improve your moral, intellectual and social life - constitute a Prisoner's Dilemma's game? Explain using a payoff matrix?
In: Economics
What effect does quantitative easing have on the interest rate?
In: Economics
systematically describe the empirical evidence for/against employing unitary household models to understand households in developing countries
In: Economics
when governmental entities provide defined benefit pension plans to governmental employees, a pension trust fund is used by the governmental entity that is acting as a trustee on behalf of current and future retirees to manage the funds at the "plan" level. The pension trust fund reports liabilities on its Statement of Fiduciary Net Position that primarily are related to pension benefits currently due to retired employees. The statement does not report a long-term liability for an unfunded portion, if any, of pension obligations. Do you think this is misleading? What, if anything, should be done differently at the "plan" level to provide readers with greater transparency regarding long-term funding of pension obligations?
In: Economics