Using Keynesian analysis, suppose the economy of Morrisville can be described by the following (all amounts are in millions of dollars):
Ca = 15 + .8(Y - 25)
Ia = 25
Ga = 25
X-M = 5
(a) The Marginal Propensity to Consume is .8. Explain IN WORDS what this means.
(b) In this case, with the MPC = .8, what is the value of the multiplier?
(c) Solve for the level of equilibrium income. In words, what does equilibrium in this context mean?
(d) Suppose the full employment or potential level of income is 50 more than your equilibrium calculation in part C). How large of increase in government spending is necessary to reach full employment? How large of tax decrease? Why do they differ?
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In order for integration with other physicians to be successful, what person is needed to arrange the financing of capital needs and to provide administrative leadership?
A. Executive physician
B. Physician liaison
C. Managing physician
D. Physician activist
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How would you characterize the major international trade flows unfolding in today’s global economy???
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western civilization
identify in 50 to 75 words four specific ideas that make up the political ideology of Fascism, in the years between the World Wars.
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Dollar stores like Dollar General do not pay customers’ transportation costs. Nonetheless, such stores have the incentive to minimize customers’ transportation costs. Why?
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1 What is the effect if economic development in
Malaysia?
Five objective neede?
2 What is the effect if economic development in Malaysia in education, economy , health , employment and culture?
3 What is your expectations about malaysia economy and the way you see it?
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Scenario: Soybeans are produced in many countries of the world, including Brazil. Consider the market for soybeans in Brazil. Assume that the world price is below the domestic equilibrium price.
a. In a graph, show how large the amount of imported soybeans is (no numerical answer required). Also, show the area on the graph that represents revenue that Brazil soybean farmers receive.
b. Now let’s consider the effect of drought. On a new graph, show what happens to the total revenue Brazil soybean farmers receive when a drought occurs in Brazil compared to part A
c. Explain your answer to part b) in words
d. Using a new graph, show what happens to the total revenue that soybean farmers receive in case of drought in all soybeans producing countries except Brazil
e. Explain your answer to part D in words
Now the scenario changed: the effect of a change in tastes. Assume that the world price is below the domestic equilibrium price and that soybean-based bread suddenly becomes more popular among Brazilian consumers.
f. Compared to your original graph in part A, show what happens to consumer surplus from this change in tastes
g. Explain your answer into part F in words
h. Compared to your original graph from part A, show what happens to producer surplus and imports from this change in tastes.
i. Explain your answer to part H in words
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Based on your analysis, which depreciation method is most profitable for the firm?
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“Request the central bank to raise interest rates. We acknowledge monetary policy considerations by the Central Bank are always finely balanced amongst lowering inflation, safeguarding the balance of payments and supporting economic growth. The Ministry of Finance will request the Central Bank to have monetary policy cooperate with fiscal policy as far as possible by raising the repo rate. This will send a signal for the transmission of higher and rising interest rates throughout the financial system including an increase in savings and deposit rates. Higher domestic interest rates will help to limit capital outflows and improve foreign exchange availability. It will also help depositors and pension funds struggling with real negative returns in the low interest rate environment of the past decade.”
Is this strategy likely to succeed or fail?
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Why does price ceiling mean decrease quality?
why does price floor mean Increase in quality?
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Spartan Spaces creates room set-ups for college dorms.
Spartan Spaces purchases
Bedding for room set-ups from companies in the US for $8,000;
wall shelving for room set-ups from companies in China for $2,300;
equipment for packaging the set-ups to mail from a Chicago company for $1,000
Spartan Spaces sells
50 room set-ups to students at MSU for $100 per room;
50 room set-ups to students at Western Ontario University for $120 per room.
a.How much does each component of US GDP change?
US Consumption_______________
US Investment________________
US Government purchases____________
US Net Exports ____________________
b. What is the change in GDP? ___________________
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Compare and contrast based on a developing (Russia) (underdeveloped) market vs an industrialized (Japan) (developed) market
Please compare and contrast on Russia as a developing country and japan as a developed country in a Political and Legal Environment
Please use scholarly articles and approved business periodicals Please!!!
Please use scholarly articles and approved business periodicals Please!!!
and provide links of those scholarly articles and business periodicals.Please Provide links please
Political Environment
• Government policies/stability
• Type of Government
• Philosophies of the Political parties
• Political Risks
• Any Activists or Terrorism threats
Think critically: describe how these events, policies, and philosophies impact doing business in these countries
Legal Environment
• Bases for legal system
• Legal disputes/threats
• Protecting Intellectual Property
• Export restrictions
Think critically: describe how the differences in enforcement and interpretation among countries impact the marketing activities
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1 General Equilibrium Endowment Economy An economy is comprised of two individuals, Mr. A and Mr. B. Each individual derives satisfaction from consuming goods x and y. Each is endowed with the following quantities of each good: XA = 30 YA = 60 XB = 20 YB = 20 Suppose Mr. A and Mr. B’s preferences are represented by the following utility functions: uA(xa, ya) = x 1 3 a y 2 3 a uB(xb, yb) = x 1 2 b y 1 2 b 1. Write down each individuals’ budget constraint. 2. Derive market demand functions for both good x and good y. 3. Find an expression that represents market supply in both markets. 4. Solve for the (partial) equilibrium prices in each of the markets. 5. Solve for the (general) equilibrium price ratio. 6. Can you determine a unique equilibrium price level in each market? Why or why not? 7. Solve for the equilibrium allocation of the goods. Prove that this allocation is Pareto efficient.
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Economics Question:
Discuss the stages of a financial crisis (define each stages), in doing so, discuss the causes of our 2007-2009 financial crisis and impacts on our economy. Include a discussion of the main remedies our government and central bank pursued to deal with the crisis.
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4. Answer all parts. (a) Describe what is meant by an “externality”. (b) Give an example of one positive and one negative externality. (c) In the case of a negative production externality, use a diagram to illustrate how this externality relates to the market equilibrium. (d) Building on your answer to (c), explain how a corrective tax can improve upon the market outcome.
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