Recent Economics Questions & Answers
Using the concept of normative economics, when will the Labour market be judged to be at optimal? What imperfections might prevent the market from achieving this point? Sign Up
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Provide a descriptive analysis of the two variables (e.g., mean, standard deviation, minimum and maximum). Which countries have the lowest and average life satisfaction scores? Which countries have the lowest and highest GDPs per capita? (2 marks). ?… Sign Up
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Economic theory assumes that people act rationally and maximize their total satisfaction. Explain this proposition and discuss whether people who spend 30 days a year commuting fulfill these assumptions. Sign Up
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If Jeremy allocates $30 to spend on both goods, how many units will he buy of each? How much will Jeremy spend on each good at the utility maximizing combination? How much total utility will Jeremy experience by buying the utility-maximizing… Sign Up
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A major multinational corporation has appointed you as an economic advisor. You are requested to compile a report regarding the macroeconomic environment in two countries where the firm operates and explain how it might affect the company’s economic… Sign Up
Find an article in a recent newspaper or magazine illustrating a change in price or quantity in some market. Analyze the situation using economic reasoning as follows: 1. Has there been an increase or decrease in demand? Factors that could shift the… Sign Up
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Find an article in a recent newspaper or magazine illustrating a change in price or quantity in some market. Analyze the situation using economic reasoning as follows: 1. Has there been an increase or decrease in demand? Factors that could shift the… Sign Up
Find an article in a recent newspaper or magazine illustrating a change in price or quantity in some market. Analyze the situation using economic reasoning as follows: 1. Has there been an increase or decrease in demand? Factors that could shift the… Sign Up
e) Consider the following securities which when combined construct a portfolio with a 20 O/ expected return. Security Y Security X Expected return 15% – ‘ 26% Standard deviation 10% 20% Beta 0.94 1.33 Required: i Determine the expected beta of… Sign Up
1) Which areas/cities in the U.S. has experienced a significant economic slowdown and outmigration in the last decades? Provide detailed information on location, timeline and dynamics of change: for specific sectors, identify what were the likely… Sign Up
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The U.S. hiked tariffs on Chinese goods worth $200 billion from 10% to 25%, jeopardizing a trade deal currently being negotiated by the two countries. The Chinese government also used “necessary countermeasures” in retaliation. Do some… Sign Up
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In 600-1000 words, please apply a deontological analysis to the issues raised by the following article. Please focus on the following questions in your answer, but feel free to bring other factors into your analysis. Answer as one coherent essay, not…Posted 24 days ago
Give an example when moral incentives are more likely to succeed instead of monetary incentives. Why Sign Up
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Go to theBEA website and under ‘Publications’, visit the Interactive Data Tables. Select the National Income and Product Accounts, and using tables 1.1.6 and 1.1.7 examine all four components of GDP (C, I, G, and Xn). Which of these components of AD… Sign Up
1. In the article, did the supply not meet the demand for the goods or did the demand not meet the supply? 2. How did this impact the price of the goods? Was the business able to increase the price of the goods or were they forced to decrease the… Sign Up
Question 1 Adam Smith remarked in “The Wealth of Nations’ concerning the balancing of the government budget. “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom” What problems might there be if the… Sign Up
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Question 1 Adam Smith remarked in “The Wealth of Nations’ concerning the balancing of the government budget. “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom” What problems might there be if the… Sign Up
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Question 1 Adam Smith remarked in “The Wealth of Nations’ concerning the balancing of the government budget. “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom” What problems might there be if the…Posted 25 days ago
Question 3 Design an anti- recession stabilisation policy, involving both fiscal and monetary policies which is consistent with: (a) A relative decline in the public sector. (3 marks) (b) Greater income equality (4 marks) (c) A high rate of economic… Sign Up
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1. In the article, did the supply not meet the demand for the goods or did the demand not meet the supply? 2. How did this impact the price of the goods? Was the business able to increase the price of the goods or were they forced to decrease the… Sign Up
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A new car is purchased for $10,000 with a 0% down, 9% interest rate loan. The loan’s length is 4 years. After making 30 monthly payments, the owner desires to pay off the loan’s remaining balance. Howmuch is owed? Sign Up
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Draw a set of indifference curves for the following pair of good which are meat and carrot for a vegetarian who neither likes nor dislike meat Sign Up
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Wolaita Sodo University College of Business and EconomicsDepartment of Economics1Advanced Econometrics Assignment – II, Submission date: 24 Feb, 2020Instruction!!!? ? ? ? ? 1) Consider the following model (Instrumental variables)where ( ) are… Sign Up
Consider a market where supply and demand are given by Q X S = -16 + P X and Q X d = 92 – 2P X . Suppose the government imposes a price floor of $40, and agrees to purchase and discard any and all units consumers do not buy at the floor price of $40… Sign Up
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The country of Eastralia is experiencing the following unemployment: (i) 1750 seasonal workers harvesting fruit have finished picking for the season. (ii) 800 motor vehicle workers have been retrenched because employers have decided to reduce… Sign Up
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A young engineer wishes to become a millionaire by the time he is 60 years old. He believes that by careful investment he can obtain a 15% rate of return. He plans to add a uniform sum of money to his investment program each year, beginning on his… Sign Up
2. How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position? Sign Up
You are to use these two attached PDF to answer the questions this is acritical thinkingassignment. Apply a Utilitarian/Consequentialist analysis to the following scenarios. Answer each in 500-800 words. Outline first, be thorough, proofread after…. Sign Up
What direct influence can a firm have on substitute goods, consumer income, and time in a perfectly competitive market?Posted 29 days ago
1. The Potomac Range Corporation manufactures a line of microwave ovens costing $400 each. Its sales have averaged about 5,500 units per month during the past year. In August, Potomac’s closest competitor, Spring City Stove Works, cut its price for a… Sign Up
The ArtHaus by Antonia continually introduces new pattern of ceramic plates periodically. She can produce a batch of 1,000 potentially useable units per week. However, between the shaping, firing, painting, and glazing, many are discovered to be…Sign Up
Learning objectives At the end of this chapter, students will be able to: 1 Articulate assumptions of each of the three major frameworks — virtue ethics, utilitarian ethics and deontological ethics 2 Compare and contrast major ethical stances —…Sign Up
2. Optimal Pricing. In an effort to reduce excess end-of-the-model-year inventory, Harrison Ford offered a 2.5% discount off the average list price of Focus SE sedans sold during the month of August. Customer response was enthusiastic, with unit…Sign Up
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ECON 1012 Principles of Economics II Spring 2020 Homework 1 Due: January 31st, 2020 The FBI Uniform Crime Reporting Program collects, publishes and archives a variety of crime statistics for the country. The program was conceived in 1929 by the…Sign Up
1. Suppose you work for the DC office of the American Civil Liberties Union (ACLU) and is interested in seeing the changes over time in the number of incidents of hate crimes in DC per year during this sample period (1991-2018). Please construct a…Sign Up
Assume the following two sets of data points (10,10) and (20,40), derive the slope of the straight line connecting these two points. In relation to the two variables, what does the slope mean?Sign Up
On the Stata page in D2L, there is a copy of the data for the cigarette tax problem we have been using as an example in class. The file is called state_cig_data.dta. Download the data set then load that data set up into Stata and construct two new…Sign Up
5.22 Determine the down payment that must be made on an automobile that cost $20,000 if payments are limited to $375 per month for 48 months at 9% interest.Sign Up
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Part I of the Applied Supply & Demand Case Study Topic: Economic Impact of the new U.S. Trade Policy The U.S. hiked tariffs on Chinese goods worth $200 billion from 10% to 25%, jeopardizing a trade deal currently being negotiated by the two…Sign Up
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Discussion Question: Government farm programs are very controversial since they are designed to assist only the farmers. But many analysts claim that farm programs are examples of binding price floor and serve only few. According to these analysts,…Sign Up
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Demand for good x: Qd=75-3P Supply of Good X: Qs=-20+6.5P a) calculate equilibrium market price and quantity b) Sketch the demand and supply curves. Indicate axis intercepts for the supply and demand curves and equilibrium price and quantity. c)…Sign Up
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If a fall in price from £30 to £24 results in an increase in demand from 800 to 1000 units. Please calculate the% change in price, % change in quantity, the value of elasticity and determine whether it is elastic or inelastic.Sign Up
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You want to investigate possible influences on monthly earnings in the USA. The following variables are given: Variable Explanation wage monthly earnings in US $ educ years of education exper years of experience in the labor market black =1 if person…Sign Up
2. Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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2. Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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Suppose that Darnell, an economist from a research institute in Texas, and Eleanor, an economist from a nonprofit organization on the West Coast, are arguing over saving incentives. The following dialogue shows an excerpt from their debate:Eleanor: I…Sign Up
To get the market demand curve for a product, why do we add individual demand curves horizontally rather than vertically?Sign Up
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3. Gains from trade Consider two neighboring island countries called Arcadia and Felicidad. They each have 4 million labor hours available per week that they can use to produce corn, jeans, or a combination of both. The following table shows the…Sign Up
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