Banking professionals should play a role in advocating compliance with ethical standards for banks and other financial institutions. Do you agree or disagree? why?

What will happen to the value of the dollar if U.S. interests rates increase relative to interst rates in the rest of the world?

Question 33 options:

Compare and contrast the use of government spending changes versus tax changes as a means of influencing the course of the economy. Is one or the other preferable in specific situations? Imagine for a moment that you have two roommates, who each have opposing viewpoints on nearly everything, including politics and economics. Taylor is adamant that the best way to manage the economy is through tax changes, while Morgan insists that it’s better to adjust the economy through government spending. What would a Neoclassical economist say? What would a Keynesian economist say?

1. Compare and contrast the effects of non-monetary and monetary competition on consumer and producer surplus.

2. Assume that due to quarantining, the supply of goods is fixed, i.e., price has no effect on the quantity available. In this case, does letting the price increase serve a useful function

Given the problems associated with​ monopolies, explain why the government grants monopolies in the form of patents and copyrights. What would happen without these government granted​ monopolies

Suppose the federal government is concerned about long-run economic growth. Suppose many lawmakers watched Robert Gordon's TED talk and are worried that the U.S. will not experience significant gains in productivity in the future. To combat this, the government enacts a tax credit to encourage firms to develop new technologies that can increase labor productivity. What this means is that if firms undertake large research and development projects the government will reimburse them for some of their expenses. At the same time, the government makes interest earned on savings tax exempt. Instead of having to pay income taxes on interest earned on savings accounts, interest income is now tax free.

Using the market for loanable funds illustrate the impact that these two new policies will have on the real interest rate and the level of savings and investment in the macroeconomy. In addition, please explain why you shifted any curves that you did.

in economic terms, how would you describe Saudi Arabia and Russia's oil price war?

President Dwight Eisenhower is credited with the establishment of a national network of controlledaccess roadways–now simply called “Interstates”–authorized under the Federal Aid Highway Act of 1956. The road construction and growing popularity of highway travel presented an opportunity for PQMaps, which created and sold maps for highway drivers. The paper maps were printed in color and folded for drivers’ convenience. In 1960, the PQMap’s total cost curve was given by 15 + 0.6Q + 0.01Q 2 where Q was measured in standard bulk units of printed material. PQMap’s marginal cost was 0.6 + 0.02Q.

12. What was the firm-level supply curve for PQMap?

13. Suppose there were 5 map printing companies operating in the U.S. in 1960. All of the firms are price-takers. What was the market-level supply curve for highway maps?

14. Suppose that the market demand for printed maps in 1960 is given by 9300 − 722P. What was the equilibrium price and quantity of highways maps in America in 1960?

15. Suppose that you are an analyst who is interested in the map production industry. You already have the equilibrium price and quantity data for 1960. As you do more research, you find recent a statistic for the market. You learned that, in 2015, roughly 1,200 bulk units of paper highway maps were sold at a price of $6. What must have happened in the map printing market between 1960 and 2015? You can speculate, but you must justify your argument. (Hint: Start with a graph.)

Moreover, what is the impact of trade surplus (exporting more than importing) and trade deficit (importing more than exporting) on GDP, employment, and the exchange rate of the country's currency?

1. The economy's income and expenditure

The following diagram presents a circular-flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of arrows (shown in red) shows the corresponding flow of inputs and outputs.

Based on this model, households earn income when   purchase   in markets for factors of production.

Suppose Eleanor earns $625 per week working as a jewelry appraiser for Classy's Jewelry Store. She uses $9 to have breakfast at Dinah's Diner. Dinah's Diner pays Darnell $325 per week to work as a short-order cook. Darnell uses $100 to purchase a necklace from Classy's Jewelry Store.

Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services.

Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply.

The $325 per week Darnell earns working for Dinah's Diner

The $100 Darnell spends to purchase a necklace from Classy's Jewelry Store

The breakfast Eleanor receives

True or False: Gross domestic product (GDP) measures total expenditures on final goods and services during a given period of time.