Which business sectors/companies may have strong growth potential and which may decline/disappear in the coming decades? Name top 3 for each question with explanations. (700 words)
In: Economics
Explain what determines the "optimal" amount of a public good and how this concept of optimality can change over time (as we elect new and different leaders). If you use any other sources, be sure to cite them within the text as well as provide a bibliographical citation at the end. Provide one "unique" (i.e. don't use one that a classmate has already used!) example of the free rider problem that you have seen in your lives. From this example, identify what is causing the market failure and a possible way to solve this problem.u
In: Economics
1. David is an experienced restaurant manager who wants to open his own restaurant (at one location only) and be the manager of it. He knows that he needs at least $100,000 to create and operate the business, and he knows that he can only raise $50,000 on his own towards the $100,000 he needs. Name for him all of the types of business organizations that exist (all of them). Tell him which two of those business organizations would likely be his best options, and tell him what the advantages and disadvantages of each of those two are. Then tell him which one of the two you would recommend that he use to operate the restaurant business, and include at least two reasons as to why you would choose that type of business organization over the other one.
In: Economics
How can the tools KPI, Change Impact Assessment and OCC Survey be used to measure and assess changes?
In: Economics
A woman weighing 240 pounds had been denied a job as an aerobics instructor by a for-profit fitness center. She sued under San Francisco law, which prohibits discrimination based on appearance, arguing that she had been leading aerobics classes for fifteen years. Was she being discriminated against because of her weight? In other words, was this pure discrimination? Or was she not hired because her potential employer felt that her weight would ensure that few or no clients would take her classes? Was this a sound commercial decision based on her likely productivity? It is impossible to decide between these two possibilities, and this is true generally in cases where the source of potential bias is consumer preferences. The same arguments can be made about discrimination against minorities or women: Businesspeople could always rationalize a refusal to hire on grounds that hiring would be bad for business. If determining the underlying cause is so difficult, in the end, we have to decide which groups to protect on political, not economic, grounds.
500 to 700 words ... essay
In: Economics
In your own words, consider the importance of westward expansion during the 1840s and 1850s and the California gold rush on the stability of the nation as a whole.
In: Economics
3. Do some Internet research to find out what it means for a company to create a “poison pill”? Why might a company do that? Some economists think poison pills should be illegal. What is their rationale?
In: Economics
10. If the marginal propensity to consume is 0.75 and investment spending decreases by $20 billion. Suppose all other aggregate expenditure components are autonomous, based on the Keynesian model, what will be the overall effect on GDP?
Select one:
a. GDP will decrease by $20 billion
b. GDP will increase by $15 billion
c. GDP will decrease by $80 billion
d. GDP will increase by $30 billion
e. GDP will decrease by $26.7 billion
11. One of the most serious effects of a banking panic (bank run) is that
Select one:
a. banks will not earn as much profit
b. banks will no longer be trusted by the public
c. people will not place their excess money in banking accounts
d. people may lose any accrued interest on their accounts
e. large withdrawals of cash lead to a severe decrease in reserves and ultimately in the money supply
12. Suppose that the prices of dairy products have risen relatively less than prices in general over the last several years. To which problem in the construction of the CPI is this situation most relevant?
Select one:
a. substitution bias
b. introduction of new goods
c. unmeasured quality change
d. income bias
e. None of the above
13. The demand for money
Select one:
a. is the demand for bonds
b. is the demand for loans
c. increases whenever the price level falls
d. reflects the wealth or asset allocation problem that people face
e. shows the people always demand as much money as possible
14. A rightward shift of the economy's labor supply curve would result from a(n)
Select one:
a. cut in income tax rates or an increase in welfare benefits to the needy
b. cut in income tax rates or a cut in benefits to the needy
c. increase in income tax rates or a cut in benefits to the needy
d. increase in income tax rates or an increase in benefits to the needy
e. cut in income tax rates or a freeze on benefits to the needy
15. Investment from abroad (or foreign direct investment)
Select one:
a. is a way for poor countries to learn the state-of-the-art technologies developed and used in richer countries
b. is viewed by economists as a way to increase growth
c. noften requires removing restrictions that governments have imposed on foreign ownership of domestic capital
d. All of the above are correct
e. None of the above is correct
16. Countercyclical fiscal policy has a serious problem with
Select one:
a. the timing of its enactment and impact
b. the easy reversibility of policy
c. the tendency of the central bank to immediately counter government's action
d. the courts as it has been held to be unconstitutional
e. Presidential executive orders
17. When implementing monetary policy, the variable the Federal Reserve watches most closely is the
Select one:
a. required reserve ratio
b. federal funds rate (Fed funds rate)
c. long term bond rate
d. national debt
e. short-term corporate bond rate
18. If there is a surplus of the domestic currency at a fixed exchange rate,
Select one:
a. the currency will depreciate
b. the currency will appreciate
c. the country must switch to a floating exchange rate
d. the central bank must buy up that excess supply or the domestic currency will depreciate
e. the central bank must buy up that excess supply or the domestic currency will appreciate
19. If the central bank lowered the required reserve ratio,
Select one:
a. excess reserves would decrease
b. the money supply would decrease
c. the money supply would increase
d. banks would borrow more from the central bank
e. loans would earn more interest
In: Economics
3. Do some Internet research to find out what it means for a company to create a “poison pill”? Why might a company do that? Some economists think poison pills should be illegal. What is their rationale?
In: Economics
Topic: Real-World Monopolies
Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly.
In: Economics
Topic: Role of Advertising
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm.
In: Economics
Briefly discuss some possible impacts of the coronovirus on long-run global growth in the context of growth model.
In: Economics
In: Economics
As per Harvard Business Review Articles, The Big
Idea: The New M&A Playbook and M&A: The One Thing You Need
to Get Right, - “M&A is a mug’s game: Typically 70% - 90% of
acquisitions are abysmal failures”. You have been tasked by the
Board of Directors of Commerce Bank (Regional Bank located in NJ,
NY, PA) to explore expansion opportunities in Florida via an
acquisition. Commerce’s mission is to be America’s Most Convenient
Bank. The CEO of Commerce has already found a target Bank in
Florida, about ½ the size of Commerce, as a candidate for
acquisition and wants to proceed.
The Board is asking you to lead the Due Diligence Team
to answer the following questions knowing that 70% to 90% of
acquisitions do not meet their intended goals.
What are we acquiring?
Will this acquisition boost current
performance?
Will this acquisition lower or increase
costs?
What is the right price to pay?
How would you avoid integration mistakes?
What other qualitative and quantitative information
would you need to make your recommendation?
How would you present this information to the
Board?
In: Economics
List and discuss several of the reasons behind the growth in services. Which of these do you consider to be the most important? Why?
In: Economics