Questions
Explain “impossible trinity” or “trilemma”? How do you locate CBRT (Central Bank of the Republic of...

Explain “impossible trinity” or “trilemma”? How do you locate CBRT (Central Bank of the Republic of Turkey) ? Please put your reasonings?

In: Economics

22-explain what the gravity model of trade predict are the major predictors of trade flows between...

22-explain what the gravity model of trade predict are the major predictors of trade flows between countries. discuss how this model helps to explain trade flows using three of its leading trade partners as examples.

In: Economics

Describe how forwards, futures, options, and swaps can be used to hedge your foreign risk.

Describe how forwards, futures, options, and swaps can be used to hedge your foreign risk.

In: Economics

Question 2 The 18th Ordinary Session of the Assembly of Heads of State and Government of...

Question 2
The 18th Ordinary Session of the Assembly of Heads of State and Government of the African Union, held in Addis Ababa, Ethiopia in January 2012, adopted a decision to establish a Continental Free Trade Area by an indicative date of 2017. The Agreement Establishing the African Continental Free Trade Agreement (AfCFTA) entered into force on 30 May 2019 for the 24 countries that had deposited their instruments of ratification.
The AfCFTA will bring together all 55-member states of the African Union covering a market of more than 1.2 billion people, including a growing middle class, and a combined gross domestic product (GDP) of more than US$3.4 trillion. In terms of numbers of participating countries, the AfCFTA will be the world’s largest free trade area since the formation of the World Trade Organization. The main objectives of the AfCFTA are to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of the Customs Union.
From the above, discuss three (3) advantages that Ghana as a member of AfCFTA may get by signing the agreement and two (2) disadvantages that Ghana may suffer from AfCFTA.

In: Economics

Consider an individual who allocates his total hours of work per week between the household and...

Consider an individual who allocates his total hours of work per week between the household and a competitive market. The available total number of hours of work is fixed at 50 per week. In the market the wage (w) is equal to the value of marginal product of labour. The value of marginal product of labour in the market (VMPM) and the value of marginal product in the household (VMPH) are given by the following equations:

VMPM = 100 - LM

VMPH = 80 - 2LH

where LM is the number of hours worked in the market and LH is the number of hours worked in the household

a) Find the number of hours worked in the market and the household per week, in absence of any taxes.

b) Suppose that a 20% tax is levied on wage in the market. Find how the hours worked in the market and the household change after the tax. What is the excess burden of the tax?

In: Economics

which fallacies is used to undermine someone

which fallacies is used to undermine someone

In: Economics

(a) Using an appropriate diagram Illustrate and explain the welfare effects of a unit tax on...

(a) Using an appropriate diagram Illustrate and explain the welfare effects of a unit tax on a commodity within the framework of indifference curves analysis

(b) Illustrate on the same diagram, the welfare effects of a lump-sum tax that generates the same amount of tax revenue as in (a). (1.5 marks)

(c). Are the welfare effects the same? Is any of the taxes efficient? Explain why or why not. (1.5 marks)

In: Economics

Market demand and supply for a commodity are given by the following equations: Demand: X =...

Market demand and supply for a commodity are given by the following equations:

Demand: X = 30 – (1/3) P

Supply: X = -2.5 + (1/2) P where X= quantity (units), and P=price per unit ($)

Suppose that the government is planning to impose a tax on this commodity and considering the following two options:

Option 1: A unit tax of $15 Option 2: An ad valorem tax of 20%

a) Find the tax incidence on buyers and producers, and the tax revenue of the government under each the two options

b) Compare the two options in terms of their welfare costs

In: Economics

Describe 3+ techniques you would use to tell someone bad news, in a sensitive way (e.g....

Describe 3+ techniques you would use to tell someone bad news, in a sensitive way (e.g. family, friends).

In: Economics

4. EFG Manufacturing has a product that sells for $15 per unit, and the marginal cost...

4. EFG Manufacturing has a product that sells for $15 per unit, and the marginal cost is $5.00.

a. Compute the Lerner index for EFG Manufacturing.

b. If this index indicates market power, under what condition(s) will this market power last in the long-run? Explain.

In: Economics

Explain the difference deemed appropriate for government intervention in addressing the state of the economy between...

Explain the difference deemed appropriate for government intervention in addressing the state of the economy between Keynesian and Classical theorists. Do they have a sharply different perspective on the role of the government and if so what are the positions of each group regarding using government intervention to affect the state of the economy.

Were the actions taken thus far by the federal government to address the dire impact of Covid19 on the state of the economy more Keynesian or Classical in principle? What is your personal opinion as to the actions that have been, and will be, taken by the federal government to address the state of the economy?

In: Economics

you are the curator of a museum. the museum is running short of funds, so you...

you are the curator of a museum. the museum is running short of funds, so you decided to increase revenue. should you increase or decrease the price of admission? explain

In: Economics

Find a current event on a social issue. . Summarize the article and right your thoughts...

Find a current event on a social issue. .

Summarize the article and right your thoughts and opinions on the article. Minimum 1 page tyepd.

note : your paper will submit on 'turnitin'

In: Economics

Using the aggregate demand and aggregate supply model, explain what changes occurred during the Great Depression...

Using the aggregate demand and aggregate supply model, explain what changes occurred during the Great Depression in the 30’s.

In: Economics

i need one or two pages of this paper. What are the current events for your...

i need one or two pages of this paper.

What are the current events for your social issue

note: this paper are going to put in 'turnitin'

thats mean less coppy and paste would be great

In: Economics