1. Consider the annual government budget constraint of a government:
Gt + (1 + rt)Bt = Tt + Bt+1

for t=2019,2020,... Denote GDP by Yt.
(a) Express the budget constraint in terms of variables measured as a fraction of GDP.
(b) Suppose GDP grows at 4%, the interest rate is 2% and the primary deficit is 3% of GDP. If debt to GDP is 1
(100%) in 2019, write down the evolution of debt to GDP ratio for 2020, 2021 and 2022. Is it increasing or decreasing?
(c) Suppose now that initial debt to GDP is 2 in 2019, write down the evolution of debt to GDP ratio for 2020, 2021
and 2022. Is it increasing or decreasing?
(d) Write down the condition that needs to be satisfied for all variables to be constant as a fraction of GDP.
(e) What do you think happens if GDP growth is only 1% instead?

Please give as detailed as an explanation and show as much work as possible for each part of the problem, especially part d. This is from a study guide to an upcoming test I have and I do not understand how to do it. Thanks

Earlier, we discussed the concept of performing an ‘Environmental Analysis” on a firm, and an industry, and in doing so, we ASK, and try to ANSWER, “Questions A through F”---and G --- as they apply to that firm and that industry. So…… …………………… please apply Questions A through F --- ask Question A, then B, then C, then D, then E (the big one---barriers to entry!), then F…. to ONE OF THE FOLLOWING MARKETS:   1. Automobile retailing – that is, car dealerships   OR    2. The “smart phone” industry   OR 3. ANY PRODUCT (or service) THAT YOU CHOOSE! YOUR CHOICE! I DO NOT EXPECT PERFECT ANSWERS HERE!!!

A: What is the product (or service)? Please DEFINE the product (or service) by its traits and characteristics: what is it? What is it not? (cola does not equal milk). WHAT OTHER PRODUCTS (or services) COMPETE WITH OUR PRODUCT (or service)?

B. What is the PRICE of this product (or service)?

C. What is the RELEVANT MARKET for this product (or service)? Is it local? Regional? National? Global?

D. WHO ARE THE MAJOR SELLERS IN THIS MARKET? How large are they? Who competes with whom?

E. IF YOU WANTED TO START A BUSINESS IN THIS MARKET, WHAT BARRIERS TO ENTRY AND SUCCESS MUST YOU OVERCOME? Which barriers would be difficult to overcome? Which would be relatively easy to overcome, in theory? Please try to discuss between five and ten barriers, if possible.

F. Could you start a business in this market on a small scale, and succeed? Why or why not? Exactly what would you be ‘up against’? After answering questions A,B,C,D,E,and F… then and only then please answer question

G: which ‘market structure’ do firms in this industry find themselves in: Perfect competition? Monopolistic competition? Oligopoly? Or Monopoly? Why?

ESSAY: Will raising the minimum wage be practical?Why/why not?

Somethings to touch on.

Will increasing the minimum wage help or hurt employees?

Will increasing the minimum wage help or hurt businesses?

What problems might be caused by raising base pay?

What are the benefits of an increased base pay?

*** NEED 1-2 SOURCES ****

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NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE

In the market for medications, there is a difference in demand for medications that are under patent, medications that have a strong name brand, and medications that are generics. Discuss the differences in demand for these three different types of medications. Be sure to discuss these differences using the concepts of price elasticity of demand, cross price elasticity of demand and income elasticity of demand.

ANSWER THROUGHLY PLEASE 1-2 pages

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

I APPRECIATE THE HELP

Identify some of the indicators that describe the labor market and discuss the impact of fluctuations in the indicators to the labor market.

1) What are the links between industry structure and profitability?
2) How is industry structure utilized for understanding the dynamics of competition?
3) How do you assess (determine) the power of suppliers and buyers?
4) What are the measures of competitive success?
5) How are competitive advantages and the activities in a company’s value chain related?
6) What are the activity choices that reflect the distinct customer segment chosen by each company?
7) What is strategy in terms of activities and value?
8) What is switching costs and how does it relate to substitution?

How did Prohibition act as a catalyst for the development of organized crime in the United States? Do you think that the decriminalization/legalization of drugs, prostitution, pornography and the like would reduce the impact of OC in our country today? Explain your answer.

How does the criminality of organized crime differ from that of conventional criminals and terrorists? Give examples in your answers.

Commonly used measures of globalisation of markets and production are the following ratios: World Exports/world GDP and World Inward FDI/World Gross Capital Formulation. There are also other measures to consider such as university students, patents, venture capital, internet traffic, equity investments, news media, bank deposits and many more which are expressed as a percentage of world totals. Identify six different countries: two from the Southern African Development Community (SADC), two from the East African Community (EAC), and two from the Common Market for Eastern and Southern Africa (COMESA), and use globalisation measures to analyse the most globalised of the six countries in the three economic trade regions. Use the analysis to write an expository essay that illustrates the extent to which the six countries are globalised

1) If a company wants to implement an enterprise application, it had better do its homework. Discuss 3 implications of this statement with examples.

2) Many colleges and universities use Banner, a higher education software ERP system. Describe the ERP system at your university. How does your school's ERP compare to others, give 2 comparisons to other systems from Web searches? What are the challenges of implementing the ERP system?

If the Fed wants to increase aggregate demand, it can increase the money supply. If it does this, what happens to the interest rate and rate of inflation? Why might the Fed choose not to respond in this way?

Should monetary policy be made by rule rather than by discretion? Why?

The only thing backing up a nation’s currency (fiat money) in the modern world is faith in the government issuing it. If this is so, what should governments do to maintain a stable currency? How can the Central Bank (the Federal Reserve) build trust in the U.S. currency? What actions would undermine a currency?

Japan and Germany are two success stories of economic growth. Although today they are economic superpowers, in 1945 the economies of both countries were in shambles. World

War II had destroyed much of their capital stocks. In the decades after the war, however, these two countries experienced some of the most rapid growth rates on record. Between

1948 and 1972, output per person grew at 8.2 percent per year in Japan and 5.7 percent per year in Germany, compared to only 2.2 percent per year in the United States. Are the

postwar experiences of Japan and Germany so surprising from the standpoint of the Solow growth model? Consider an economy in steady state. Now suppose that a war

destroys some of the capital stock. (That is, suppose the capital stock drops from k* to k1).

Not surprisingly, the level of output falls immediately. But if the saving rate the fraction of output devoted to saving and investment is unchanged, the economy will then

experience a period of high growth. Output grows because, at the lower capital stock, more capital is added by investment than is removed by depreciation. This high growth

continues until the economy approaches its former steady state. Hence, although destroying part of the capital stock immediately reduces output, it is followed by higher than

normal growth. The “miracle’’ of rapid growth in Japan and Germany, as it is often described in the business press, is what the Solow model predicts for countries in which

war has greatly reduced the capital stock. In this discussion of German and Japanese postwar growth, capital stock is destroyed in a war. By contrast, suppose that a war does not affect

the capital stock, but that casualties reduce the labor force.

a) What is the immediate impact on total output and on output per person? Compare how the effect would be different from the above case.

b) Assuming that the savings rate is unchanged, and that the economy was in a steady state before the war, what happens subsequently to output per worker in the postwar

economy? Is the growth rate of output per worker after the war smaller or greater than normal?

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rmal?

What can IKEA do to maximize its lifetime value of customers

Why would a monopolist not charge the highest price possible? Include appropriate terminology that supports your reasoning.