Please answer in 300 words:

The federal government and the Fed usually try to coordinate their efforts in order to keep the economy stable. However, there are times when the government and the Fed work against each other without intending to. For example, in 2012, Congress passed a universal healthcare plan called The Patient Protection and Affordable Care Act. This law was passed during a time when the Fed was working to stimulate economic spending through monetary policy. However, taxpayers knew that the new law would eventually result in higher taxes. Some economists argued that the passage of the law was one of the reasons that monetary policies had little effect as businesses and consumers continued to hold their money in anticipation of increased taxes.

• In what ways do you think The Patient Protection and Affordable Care Act might affect the economy? Explain your answer.
• In what ways do you think this type of program affects the aggregate-demand curve? The aggregate-supply curve? Explain your answers.

1. Explain why a monopolist’s profit when he price discriminates cannot be less than his profits when he does not price discriminate.

2. The efficiency loss under perfect price discrimination is very high. True or False?

3. Consider a monopolist selling into two markets. Demand in the first market is given by P₁ = 50 - 2Q₁, and demand in the second market is given by P₂ = 70 - 2Q₂. Total cost for the monopolist is 50 - 10(Q₁ + Q₂), so marginal cost is 10.

1. What are the quantities and prices sold in each of the two markets?
2. What condition must hold in order for the monopolist to practice this kind of price discrimination?

Based on the course learning objectives listed below, explain the most important concepts you learned from this course and how you think you might apply these concepts in your future career? Course Objectives Outline a communication plan for a public health emergency. Identify factors involved in risk communication. Outline the principles of modern quarantine. Summarize responses to pandemics.

• Outline a communication plan for a public health emergency.
• Identify factors involved in risk communication.
• Outline the principles of modern quarantine.
• Summarize responses to pandemics.

Organizations are made up of-interrelated sub-parts. If-any one of-these subparts performs poorly, it will negatively affect the performance of-the whole-system.?

Mesopotamia, India, and China had three of the earliest economic networks. How did their respective trade systems develop? Discuss how iron was a significant factor in these early economies.

Hello Economist,

This week your assignment covers time travel. I own a time machine, yes, I keep it in my garage of course. I will make you an offer you might refuse. I will transport you back to England in 1776, but you must stay in the year 1776. If you wish you can bring up to 12 family members, no pets. Also if you choose to go back in time 100 acres of land will be provided. A castle on the land is also provided and along with a full staff and a standard trunk full of gold. Remember, this is a one way trip without a second chance to return to the twenty-first century.

The alternative is to still in the present and work at the Java Café (new coffee experience) for $75,000 per year as an assistant manager.

1. Suppose the data for a hypothetical economy is given above. This economy produces only 3 things, pizzas, haircuts and tanks. The base year is 2019.

1. Calculate GDP deflator in 2020. Based on GDP deflator, what is the inflation rate from 2019 to 2020?
2. Suppose a representative consumer basket consists of 10 pizzas and 20 haircuts. Using this consumer basket, calculate CPI in 2020 (again, assuming 2019 is the base year). Based on CPI, what is inflation rate?
3. Why do you think there is such a dramatic difference in the inflation rates from parts a and b?

Companies collect a wide variety of information about their foreign markets to decide in which countries to conduct business and which market segments in these markets they should target. What are the three major markets that exist in all foreign markets? Describe the markets and provide an example of each.

For this discussion question, you must support your analysis with a peer-reviewed article.

What factors contributed to the stagflation of the 1970s? How did Volker deal with the high inflation? Did high oil prices cause the stagflation or was it something else? Is the Fed independent? If so, how do our leaders ensure they maintain the best interests of the public? How does Milton Friedman establish his view that inflation is a monetary issue? According to Friedman, do trade unions cause inflation by pushing up wages and the cost of production?

An economy has a Cobb–Douglas production function:

Y=K^α(LE)^1-α

The economy has a capital share of 0.35, a saving rate of 43 percent, a depreciation rate of 3.50 percent, a rate of population growth of 3.50 percent, and a rate of labor-augmenting technological change of 2.5 percent. It is in steady state.

a.) Solve for capital per effective worker (k*), output per effective worker (y*), and the marginal product of capital.

K*=?

y*=?

marginal product of capital= ?

Microeconomics

How does monopolistic competition differ from perfect competition? “

As monopolistic competition leads to excess capacity, there will be an unambiguous social gain if government regulation reduces the number of firms and eliminates excess capacity.”

What is meant by excess capacity? Demonstrate (on a graph) that monopolistic competition leads to excess capacity.

Do you agree or disagree with the statement’s policy recommendation? Why? Explain?

Suppose that a country’s inflation rate increases sharply. Explain what happens to inflation tax on the holders of money? .  Can you think of anyway in which holders of savings accounts are hurt by the increases in the inflation Rate?

Explain the three tools the Federal Reserve has at its disposal to raise or lower interest rates.

Assume the short run variable cost function for Japanese beer is VC=0.5q^0.67

If the fixed cost​ (F) is $1500 and the firm produces 600​units, determine the total cost of production​ (C), the variable cost of production​ (VC), the marginal cost of production​ (MC), the average fixed cost of production​ (AFC), and the average variable cost of production​ (AVC). What happens to these costs if the firm increases its output to 650?

Assuming the firm produces 600 units, the variable cost of production​ (VC) is

VC=???????. ​ (Enter your response rounded to two decimal​places.)

The total cost of production​ (C) is C=$????.?? ​(Enter your response rounded to two decimal​ places.)

The marginal cost of production​ (MC) is MC=​$?.?? ​(Enter your response rounded to two decimal​ places.)

The average fixed cost of production​ (AFC) is AFC=​$?.??   ​(Enter your response rounded to two decimal​ places.)

The average variable cost of production​ (AVC) is AVC=​$?.??​(Enter your response rounded to two decimal​ places.)

Now suppose the firm increases output to 750 units.

The variable cost of production​ (VC) is VC=​$???.?? ​(Enter your response rounded to two decimal​ places.)

The total cost of production​ (C) is C=​$????.?? ​(Enter your response rounded to two decimal​ places.)

The marginal cost of production​ (MC) is MC= $?.??  ​(Enter your response rounded to two decimal​ places.)

The average fixed cost of production​ (AFC) is AFC=​$?.??     ​(Enter your response rounded to two decimal​ places.)

The average variable cost of production​ (AVC) is AVC=​$?.??   ​(Enter your response rounded to two decimal​places.)