describe how does the law of demand, changes in demand, and law of supply influence starbucks coffee Corporation

Explain how the political and economic changes of the 21st century have influenced Afro-Latin American movements.

Problem 2

John’s Pancake House needs to buy a new grease trap owing to changes in environmental laws. He is currently considering two different traps. Trap A costs $4000. It has a capacity of 500 gallons of grease. The operating costs of this trap are $700 per year. The trap is expected to last 4 years. Trap B costs $4000. Its capacity is 1000 gallons of grease. Annual operating costs for Trap B are $1000. When a grease trap is full it will have to be replaced (there is no salvage value). John does not foresee any more changes in the environmental laws or changes in grease trap technology. The Pancake House faces a 40% corporate tax rate and the rate of depreciation (i.e. the CCA rate) is 50% for both traps.

a. Estimate the expected useful life of grease trap B.

b. If the appropriate discount rate is 10%, which trap should John choose?

Congress did not substantially change Federal income tax rates between 1993 and 2000. Visit the Bureau of Economic Analysis Web site, www.bea.gov (Links to an external site.)Links to an external site.. You can find Table 3.2 on the Federal government's current receipts and expenditures at:

http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1 (Links to an external site.)Links to an external site.

By selecting the "Modify" icon, you can select the time period of 1993-2000.

Find the annual revenues from the Federal personal income tax from 1993 to 2000. What happened to those revenues over those years? Given constant tax rates, what do the changes in tax revenues suggest about changes in the shape of the Laffer Curve? If lower (or higher) tax rates do not explain the changes in tax revenues, what do you think does?

Suppose that the Canadian government as part of efforts to protect the environment, plan to give an $8,000 refundable tax credits to individuals purchasing Electric Vehicles (EV's). At the same time, the price of Lithium Batteries, a major component of EV's falls by 50%. The combined effect of the above is that, the equilibrium price of EV's _____ and the equilibrium quantity produced _____.

A)

probably changes, but in an ambiguous direction; probably changes, but in an ambiguous direction

B)

decreases; decreases

C)

increases; increases

D)

probably changes, but in an ambiguous direction; increases

Nicholas Maduro is the president of Venezuela. Venezuela is a major producer of oil products, which remain a critical component of Venezuela's economy. Suppose that President Maduro wanted to increase his popularity with the citizens of Venezuela and enacted a government policy to reduce the price of gasoline sold at state-owned gas stations to 50% of the previous price. This policy is called a:

A)

laissez-faire policy

B)

quota

C)

price ceiling

D)

price floor

Answer the questions for the bond below, which pays interests semi-annually. The modified duration is 3.9944 years and convexity measure is 19.7636 years. (Assume par value is $1000). Coupon rate: 9%, current yield to maturity: 8%, maturity: 5 years. (1) Calculate the price value of a basis point if the new yield to maturity becomes 8.01% (2) Calculate the actual price of the bond for a 50-basis-point increase in interest rates (yield changes from 8% to 8.5%) (3) Using duration, estimate the approximate price of the bond for a 50-basis point increase in interest rates (yield changes from 8% to 8.5%) (4) Using both duration and convexity measure, estimate the approximate price of the bond for a 50-basis-point increase in interest rates (yield changes from 8% to 8.5%) (5) Compare your results in (3) and (4) and explain which is closer to the actual price in (2)

SLO2- Understand how factors in the social structure, such as the economy, public policy, religion, and education influence patterns and changes in marriage, families, and relationships.

For this question students will choose and discuss TWO factors in the social structure and their influence. The basics for this are touched upon in chapter one but every chapter from CH3 – CH14 discusses various factors in the social structure and the influence they have so students will need to choose, be specific, and focus on the detail for one example of influence/change per factor.

Choose a factor in the social structure, define it in your own words, then explain using an example, a specific way that this factor has influenced patterns and/or changes in either marriage, families, or relationships. Detail and terminology are expected.

Choose a different factor in the social structure, define it in your own words, then explain using an example, a specific way that this factor has influenced patterns and/or changes in either marriage, families, or relationships. Detail and terminology are expected.

International Trade

1. For each of the following cases for limiting international trade, briefly explain the rationale for limiting trade and provide a possible counterargument supporting international trade.

1. National security requires that we produce strategically important goods ourselves.

2. Protection can help infant industries grow.

3. Trade shouldn’t be used to avoid environmental and safety regulations.

4. Foreign competition leads to job losses.

2. In 50-150 words, explain which arguments you find most compelling—the arguments against international trade or the arguments in favor of international trade.

Unemployment

1. Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.

1. After being laid-off from her job, Josephine Allen finds a new job.

2. John Church immediately began hunting for a job after his graduation in May 2020, but has had no success finding a job.

3. After a long unsuccessful job search, Alina Turk decides to move to Hawaii to live on the beach.

4. Jose Martinez quits his job to homeschool his children.

5. Olivia Nembrajhal celebrates her 16th birthday, but has no interest in working.

6. Joyful Freedman contracted the COVID-19 virus in her work as an emergency room physician and has been sick at home the past month.

2. In 50-150 words, explain why unemployment matters.