Instructions: These are short essay questions that ask you to synthesize the material and make connections between and among concepts presented in thi WRITING ESSAY WRITING 2020-08-14 Budget : $5 Question details: Instructions: These are short essay questions that ask you to synthesize the material and make connections between and among concepts presented in this […]Read More »

THE QUESTIONS ARE PURPOSEFULLY VAGUE. YOU NEED TO SORT OUT WHAT IS BEING ASKED AND IF YOU FEEL THAT YOU NEED TO ADD OR CLARIFY AN ASSUMPTION,SIMPLY STATE YOUR ASSUMPTION. THERE IS NO INTENTIONAL TRICK HERE…PLEASE TYPE YOUR ANSWERS AND, AGAIN, SUBMIT BY DEADLINETHE EXPECTED LENGTH OF ANSWERS FOR EACH QUESTION (OR SUB- QUESTION) IS […]Read More »

help Show transcribed image text You're part of a group of economic consultants supporting the government of Sweden. Sweden wants to liberalize trade in the automobile industry and your job is to help the government explore the benefits and costs of trade liberalization. Government analysts have provided you the following data for the domestic auto […]Read More »

Refer to the table below and assume that the FedRead More »

A firm has the following short-run production function (where L = Labor and Q = Output): Q = 10LRead More »

please solve this Show transcribed image text For your next consulting assignment, you are employed by the European Trade Commission to examine the consequences of an EU-U.S. free trade agreement for autos. Your analysts have provided you with the demand and supply equations for both regions, as summarized in Table 2. For your analysis, assume […]Read More »

question help needed Show transcribed image text You're part of a group of economic consultants supporting the government of Sweden. Sweden wants to liberalize trade in the automobile industry and your job is to help the government explore the benefits and costs of trade liberalization. Government analysts have provided you the following data for the […]Read More »

Overheard at the water cooler:Read More »

%3Cp%3Ehelp%3Cimg%20class%3D%22user-upload%22%20src%3D%0A%22http%3A%2F%2Fmedia.cheggcdn.com%2Fmedia%252F8bb%252F8bbd7425-1d29-466e-8af2-9754fa0712be%252FphpgFv6Ko.png%22%0Aheight%3D%22556%22%20width%3D%22675%22%20%2F%3E%3C%2Fp%3E%0ARead More »

Claude James, a salesman, needs anew car for business use. He expects to be promoted to a supervisory job after 3 years, and he will no longer be on the road. The company reimburses salesmen each month at the rate of 55 cents per mile driven. Claude believes he should use a the nominal interest […]Read More »

help Show transcribed image text You're part of a group of economic consultants supporting the government of Sweden. Sweden wants to liberalize trade in the automobile industry and your job is to help the government explore the benefits and costs of trade liberalization. Government analysts have provided you the following data for the domestic auto […]Read More »

There are 2 different plans to build a bridge. Both have a interest rate of 8% and a 50 year life. Which design has the better present worth? Plan1: initial construction: $585 Land acquisition: 120 Annual operation and maintence: 2 Annual increase of operation and maintenance: 4% Major maintenance in the 25th year: 185 Salvage […]Read More »

An account pays 7% compounded continously. $1200 is deposited each month for 7 years. What will the balance in the account be at the end of the 7 year period?Read More »

Ann deposits $1000 at the end of each month into her bank savings account. The bank paid 6% nominal interest, com[pounded and paid quarterly. No interest was paid on money not in the acount for the full 3 month period. How much was in Ann’s account at the end of 3 years?Read More »

You are taking a $2000 loan. You will pay it back in four equal amounts, paid every 6 months starting years from now. The interest rate is 14% compounded semiannually. Calculate: a. The effective interest rate, b. The amount of each semiannual paymnet, and c. The total interest rate. Also: Repeat (a) and (b) but […]Read More »

a.         If the above graph is a depiction of the state of the economy as it is now, what would have to             happen for there to be stagflation? b.            What is used to measure the price level in the AS-AD model above? c.            What does the Potential GDP curve represent and what is […]Read More »

Refer to the table below and assume that the FedRead More »

This is an economic question, After several years of slow economic growth, world demand for petroleum began to rise rapidly in the 1990s. Much of the increase in demand was met by additional supplies from sources outside the Organization of Petroleum Exporting Countries (OPEC). OPEC, during this time, was unable to restrain output among members […]Read More »

In the mid-Atlantic region, heat is transferred to the earth crust from deep within the mantle primarily by means of A.      Convection B.      Conduction C.      RadiationRead More »

Each student will select two countries. The student is to develop a written economic comparative research paper. The comparison must include, but is not limited to these economic factors: GDP, GDP per capita, Exports, Imports, Currency Exchange Rates, Unemployment, Poverty Line, Household Income, Labor Force, Military Expenditures, Demography, Cost of Health, and Cost of Education. […]Read More »

How does a monopolistically competitive firm determine its optimal price? Question 15 options: A) The firm’s pricing structure is set by government regulators. B) Graphically, it finds the place where MR = MC and charges the price directly to the left of that point. C) It accepts the price set by the industry-wide forces of […]Read More »

BEST ANSWER WILL GO TO SOMEONE WHO DOESN’T JUST PUT RANDOM LETTERS – I’m looking for someone to explain WHY its the best answer. 1. Which of the following is FALSE about public-sector decision making? A. Decisions are based on majority rule.     B. The price charged to consumers is often less than its full opportunity […]Read More »

A firm has the following short-run production function (where L = Labor and Q = Output): Q = 10LRead More »

Describe a change in the tax code that might increase private saving. If this policy were implemented, how would it affect the market for loanable funds?Read More »

All of the following are assumptions of both market and public-sector decision making EXCEPT: Question 4 options: A) Decisions are based on majority rule. B) Decisions are motivated by individuals’ self-interest. C) Opportunity costs exist in decisions. D) Choices reflect incentives faced by decision makers.Read More »

3.) You own a small farm near a large city, and you are about to decide whether to work on that small farm or work at a job in the city. Your utility depends on your income per day (Y) and on hours of leisure (L). Assume that you have 8 hours each day to […]Read More »

3.) You own a small farm near a large city, and you are about to decide whether to work on that small farm or work at a job in the city. Your utility depends on your income per day (Y) and on hours of leisure (L). Assume that you have 8 hours each day to […]Read More »

1. If the economy is characterized by increasing returns to scale, then a      a doubling of inputs will lead to a constant output.       doubling of inputs will lead to a more than two-fold increase in output.       doubling of inputs will lead to a less than two-fold increase in output.       doubling of inputs will lead to […]Read More »

The utility function of a worker is represented by U(C,L) = C x L. The marginal utility of leisure is then given by MUL = C and the marginal utility of consumption is given by MUC = L. Suppose that this person currently has a weekly income of $600 and enjoys 70 hours of leisure […]Read More »

Which of the following is FALSE about public-sector decision making? Question 3 options: Decisions are based on majority rule. The price charged to consumers is often less than its full opportunity cost. Decisions involve no opportunity cost. Incentives play a role in decision making.Read More »

In looking at aggregate demand we are looking at total demand in a country. What role does incomes play in the total wealth of a country?Read More »

1. An asset with 5-year MACRS life will be purchased for $20,000. It will produce net annaul benefits of $5,000 per year for 6 years, after which time it will have a net salvage value of zero and will be retired. The company’s marginal tax rate is 35%. Complete the following after-tax cash flow table. […]Read More »

Your company is set to release the next version of a polpular video game. The company expects revenues of $100,000 during the first year, with reductions of $20,000 per year in years two through five. By year six, the comapny forecasts negligible revenues. However, the expects the costs associated with supporting this game with be […]Read More »

Determine what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month. Explain your reasoning. Choose a time frame whether it be current or historical, describe the economic situation and explain the appropriate fiscal […]Read More »

You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your city. Explain how a decrease in aggregate demand affects each […]Read More »

Calculate the net annual worth in years 1 through 10 of the following series of incomes and expenses, if the interest rate is 18% per year. Year Income $/year Expense, $/year 0 0 -1500 1-4 760 -100 5-10 1900 -170Read More »

Long-run real interest rates are expected to increase. An accountant was interviewed regarding the effect on the firm they both work at. Keeping all else constant, their answer would likely differ. How do you guess the interviewed will answer? Does the difference in response matters? If yes, why? If not, why not?Read More »

please solve this Show transcribed image text For your next consulting assignment, you are employed by the European Trade Commission to examine the consequences of an EU-U.S. free trade agreement for autos. Your analysts have provided you with the demand and supply equations for both regions, as summarized in Table 2. For your analysis, assume […]Read More »

question help needed Show transcribed image text You're part of a group of economic consultants supporting the government of Sweden. Sweden wants to liberalize trade in the automobile industry and your job is to help the government explore the benefits and costs of trade liberalization. Government analysts have provided you the following data for the […]Read More »

Overheard at the water cooler:Read More »

You are considering entry into a market in which there is currently only one producer (incumbent). Entry will require $20k in fixed costs per year (avoidable at the end of each year). If you enter, the incumbent can take one of two strategies, price low or price high. If they price high, then you expect […]Read More »

BuzzButtons is a novelty item company manufacturing personalized lapel buttons. The owner is promoting his buttons by offering them at 99 cents each. He wants you to design a program asking the user for his or her name for the button, an e-mail address, and the number of buttons to order. The program should then […]Read More »

Show transcribed image text Consider a consumer with preferences represented by the utility function u (x,y) = 10min(x,y). Assuming that px = 3,py = 2 and m = 100, draw the budget constraint and the budget set; find the optimal bundle; identify the optimal bundle on your graph; draw the indifference curve passing through the […]Read More »

A regional municipaliy is studying a water supply plan for its tri-city and surrounding area to the end of year 2055. To satisfy the water demand, one suggestion is to construct a pipeline from a major lake some distance away. Construction would start in 2015 and take five years at a cost of $20 million […]Read More »

On a related topic, your supervisor tells you that you can expect annual increases of 4% during your first six years of employment if your performance meets expectations. Using the Consumer Price Index, you find that inflation has averaged 1.75% per year during the past six years. Assuming that inflation continues at the rate of […]Read More »

If you get paid twice per month and if you deposit $50 per pay period into an account which pays interest at a rate of 9% per year compunded monthly, how much will you have in your account in forty years? Round your answer to the nearest dollar.Read More »

What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios? a. Unemployment rises due to a recession. b. An oil price shock causes the inflation rate to rise by 1% and output to fall by 1%. c. The economy experiences prolonged increases in productivity growth while […]Read More »

Charging $17.99 a month for an unlimited number of movie rentals (three at one time). Netflix revolutionized the movie rental business with a one ❝ day mailing service for DVDs and acquired 12 million subscribers and $1.5 billion in revenue. However, Blockbuster, the video rental giant from the $5.5 billion bricks- and-mortar movie rental business, […]Read More »

Charging $17.99 a month for an unlimited number of movie rentals (three at one time). Netflix revolutionized the movie rental business with a oneRead More »

Suppose that a businessman is contemplating the purchase of a $35,000 machine, and that he estimates that the machine will provide a net return of $10,000 per year for 4 years. Assuming that the going rate of interest is (a) 8% and (b) 2%, should he buy it?Read More »