Reference no: EM13751720 , Length: 8 Pages
In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hire disadvantaged people for "eligible jobs." Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps' plan an improvement over current government policies? Discuss.
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how interest rates impact the availability of investment capital.
Your text, on page 629, lists three arguments for trade restrictions. Since economists do not favor trade restrictions, and this is a course in Managerial Economics, make the case as an economist against trade restrictions for these three items. Are there any arguments for trade restrictions that most economists would support? Discuss.
Who was responsible for the global financial crisis of 2007-2009? Free-Market capitalism, government intervention, or a combination of both? Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again. Remember, banks are profit making firms who supply capital to suppliers of goods and services.
|
Determining the risk premium on a stock
: CAPM is one of the more popular models for determining the risk premium on a stock. If the Expected Return on the Stock is 20.38 percent, the Risk-Free Rate is 9.0 percent, and the Beta for Stock i is 1.75. Find the Expected Return on the market u..
|
|
Radr model-npv
: The Happy Pappy Puppy Company has compiled the following data for adding a new line of pets to their stores. The chief analyst, Bill, has chosen to use the RADR model.
|
|
Which amendment to constitution brought prohibition to us
: Which amendment to the Constitution brought Prohibition to the United States? What is Leon Czolgosz most remembered for?
|
|
Data management technology
: The hardware and software used to transfer data in an organization is called: and The first step in the four-step model of business problem solving is
|
|
Cost reduction using new methods of production
: The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production.
|
|
Npv profiles-project irr-project mirr
: Assume you are presented with the following mutually exclusive investments whose expected net cash flows are as follows:
|
|
What would you think about a macroeconomic model
: What is the relationship between a country's savings, its government budget deficit, its domestic investment in physical capital, and its foreign investment?
|
|
Calculate the consumer surplus that exists in market
: Calculate the consumer surplus that exists in market and calculate the producer surplus in this market. Does the producer surplus differ from firm profits? If so, why? If not, why not?
|
|
Explain the role of us intelligence since world war ii
: Explain the role of US Intelligence since World War II. There were essentially two periods, the Cold War from 1945 to 1990 and the War on Terrorism from the early 1980's to the present.
|