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Explain how overall national savings is related to overall investment and why savings is always equal to investment.
Who was responsible for the global financial crisis of 2007-2009? Free-Market capitalism, government intervention, or a combination of both?
What is the definition of total monetary unit in the context of economics.
There are 168 hours in a week. Of these, about 60 hours will go to sleeping (more or less). That leaves 108 hours for which we have a choice in terms of how we will spend that time. Let’s assume that we will spend the 108 hours in either work or leis..
Write down 5 common injuries in the industries (you can select manufacturing, construction or any industry based on your background), reasons for the injuries and the ergonomic solution for each case.
Can a case be made for targeting zero inflation as the primary objective? What things can governments do to tackle unemployment, especially structural?
Calculate the IRR for this investment. How would you explain result of your analysis? (Show your analysis in graphs of present worth versus interest rate)
What is meant by a reserve currency? Historically, which currencies have assumed this role? What is current role of gold in international monetary system?
What relation does it have to the "formal" economy, and what challenges has it presented for how we think about the economy?
a.) Draw the production possibilities frontier for each country if Asia has 10 units of labor and South America has 20 units of labor. b.) What is the range for the final terms of trade between the two countries?
Illustrate what is the point price elasticity for each person and for the market.
A car valued by the owner at £9,900 was insured for an annual premium of £360. The annual premium was paid by monthly instalments. A service charge of 7.5% of the annual premium was added.
Use the IMF's World Economic Outlook Database and/or FRED. Compare and discuss variables that reflect the major impacts and key indicators of the crisis.
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