Assess the validity of the following: If true, mark true; if false, explain why the statement is false.  

1. An increase in disposable income decreases the quantity demanded of inferior goods.
2. Constant elasticity demand curves imply that expenditure (or revenue) always stay the same.
3. Marginal Revenue is positive as long as Total Revenue is also positive.
4. If in a model with only two goods the MRS_{X, Y} is constant and greater than the price ratio P_X/P_Y, the consumer buys no X.
5. The law of diminishing returns does not apply if the Total Product of labor were to be linear.
6. If over the relevant range the Price Consumption Curve for good Y is parallel to the y-axis, the demand for good X is perfectly inelastic.
7. In stage I of the production process, Total Product always increases at an increasing rate.

Discuss the relationship between the neutrality (and super-neutrality) of money and the quantity theory of money. Does either of them imply the other?

Provide your perspective on the following: What are the main characteristics of a perfectly competitive market that cause buyers and sellers to be price takers? Explain. How “perfectly” competitive do you think are the following markets: (1) stock market, (2) bond market, (3) foreign exchange market, (4) world sugar market, and (5) world oil market? Explain.

1. Which of the following is a positive statement?

   	A.	The level of income inequality has become too large in the U.S.
   	B.	An increase in the minimum wage would result in increased teenage unemployment.
   	C.	Stricter immigration laws are needed in the U.S.
   	D.	The government should expand the earned income tax credit program because many workers choose not to work.
   	E.	An increase in the minimum wage would make the distribution of income more fair.

2 points   

QUESTION 2

1. If the number of workers in an industry rises, the equilibrium wage will:

   	A.	remain the same.
   	B.	increase.
   	C.	change in an unpredictable manner.
   	D.	decrease.

2 points   

QUESTION 3

1. If some workers get discouraged and leave the labor force, the labor force participation rate will:

   	A.	fall.
   	B.	rise.
   	C.	remain the same.
   	D.	change in an unpredictable manner.

2 points   

QUESTION 4

1. The official unemployment rate may overstate the cost of unemployment because ______________ are sometimes counted as being unemployed.

   	A.	workers who are working "off-the-books"
   	B.	discouraged workers
   	C.	all teenagers
   	D.	part-time workers who prefer to work part-time

2 points   

QUESTION 5

1. If leisure is a normal good, an increase in the level of non-labor income will:

   	A.	lower the reservation wage for most workers.
   	B.	shift the budget constraint inward toward the origin.
   	C.	cause the budget constraint to become steeper.
   	D.	reduce the quantity of labor supplied.
   	E.	cause indifference curves to become flatter.

2 points   

QUESTION 6

1. During a recession, the labor force participation rate generally:

   	A.	is as likely to rise as it is to fall.
   	B.	falls.
   	C.	remains unchanged.
   	D.	rises.

Write an essay about how high skilled workforce readiness could support Malaysia’s transition to a knowledge, technology and innovation intensive economy.

1. Assume the following two equations and the discount rate for the extraction of a natural resource:

1. P = 18 – 0.75 Q for Marginal Willingness to Pay
2. P = 3 for a constant Marginal Cost
3. Discount Rate = 6%

Solve for the following in a two time period setting:

1. Find and label the equilibrium when there is no limit on Q. q=20
2. Assume that there are only 25 units of the natural resource to be extracted, find the optimal extraction rates over the two periods. q1= 12.28 q2= 12.72
3. Find the Total Marginal Net Benefits under the optimal extraction rates.
4. Find the Marginal User Cost for each time period of the resource.

I don't understand #3 and #4 if you could provide step-by-step instructions/formulas for those.

Adam is turning 40 years old today and plans to retire on his 65th birthday. He starts making annual deposits ( starting on the day of his 40th birthday) into an account that pays 15% compunded quarterly. He plans to withdraw $10,000 quarterly from the account starting on his 65th birthday unitil his 75th birthday (inclusive). Note that the lst deposit is made at the same time as the first withdrawal.

what is the effective interest rate for deposits?

WHat is the present worth (now) of withdrawals?

WHat is the amount of the deposits

Why is pricing an extremely important component of marketing? List 3 aspects of pricing that make it important to marketing, to the organization, and to its customers. Think of things that are unique to the pricing variable compared to the other three marketing variables of product, promotion, and distribution.

Describe the characteristic of your community and explain the type of segmentation you would use to segment the market appropriately.

b. Develop a retail format targeting the market and discuss how you would use the mix in achieving your objective.

A. What's the difference between repeated play vs. one-shot games? B. How do you calculate the sum of future stream of payoffs?

hello Mr\Mrs
My question is about Security again.
1)What are security and its adjacent consepts ?
2) What is the disciplinary boundary of International Securit Studies ?
3) The Western-centrism conundrum (needs some brief explanation).
thanks in advance :)

Natural gas for a typical residence has a monthly demand (in MMBtus) of D(P)=12-0.2P. The market price of natural gas is $4 per MMBtu, and natural gas has an external cost from CO2 emissions of $2.60 per MMBtu^3. Assume natural gas is competitively supplied.

1. Calculate the market equilibrium price and quantity of natural gas.

2. Calculate the social benefit of the market equilibrium (i.e. consumer surplus plus consumer surplus minus the external cost)

3. How much natural gas should be used? (i.e. calculate the socially efficient quantity of natural gas)

4. Calculate the deadweight loss of the market equilibrium. Illustrate on a graph.

1.What is the role of an administrator at the home healthcare facility

2. What are the cheapest ways to advertise healthcare services in marketing?

3. How can a home healthcare facility gain more employees

4. How can healthcare facility gain private pay clients?

5.

What is creative disruption and how can disruptive innovation be a positive contributor to our economy?

Give an example of a industry that has experienced or is experiencing a process of disruptive innovation.

How would you measure this success from an economic perspective?

Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, consider what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). Recommended length for each conclusion: approximately 200 words.                                           (4 marks per conclusion)