Questions
Distinguish between the following terms using examples where appropriate: 1. Allocative efficiency and Technical efficiency(X-efficieny, 2....

Distinguish between the following terms using examples where appropriate: 1. Allocative efficiency and Technical efficiency(X-efficieny, 2. Rivalry in consumption and excludability????

In: Economics

What are the determinants of population growth? How does high population growth impact economic development and...

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...

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...

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...

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

6. Define fixed and variable costs and give examples. 7. How would you explain total costs,...

6. Define fixed and variable costs and give examples.
7. How would you explain total costs, average costs and marginal costs?
8. What are the differences between tax -exempt healthcare organizations and Individual investor -owned healthcare organizations?
9. Explain what the diagnosis-related group payment system for Medicare.
10. Explain three different payment methods to pay providers.What are they ? How do they work?

In: Economics

Consider an economy with a corn producer, some consumers, and a government. In a given year,...

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

a) When looking at prices, you will find that they are always changing in our economy....

a) When looking at prices, you will find that they are always changing in our economy. Why do you think this is important to evaluate for our economy?

b) What would be appropriate monetary policy for our economy right now?

In: Economics

Do you agree that these options - either begrudingly work hard to get to the top,...

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?

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

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...

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

Use a story from the newspaper to analyse a contemporary negotiation, labelling the positions, interests, and...

Use a story from the newspaper to analyse a contemporary negotiation, labelling the positions, interests, and the BATNAs, applying negotiation concepts.

In: Economics

Among the political risks, property seizure is a common risk for a business operating in a...

Among the political risks, property seizure is a common risk for a business operating in a totalitarian nation.

Explain property seizure with examples?(100words)

Analyze the reasons why property seizure is common in totalitarian nation.(300 WORDS)

In: Economics

True Or False (1) If there is excess DEMAND, the price will rise in a free...

True Or False

(1) If there is excess DEMAND, the price will rise in a free market.

(2) A change in INCOME will SHIFT the consumer's demand curve.

(3) If price is BELOW the equilibrium price there will be excess SUPPLY.

(4) The SUBSTITUTION effect is caused by a change in price.

(5) If there are NOT many substitutes demand will be inelastic.

In: Economics