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Q1. Target a multinational corporation/international company and the practice of "outsourcing" to third world countries. Some examples of MNCs (multinational corporations) would be Nike, General Motors, Ford, Quest, and Fender music. Research its effects on local culture. Explain how global stratification impact local culture and expalin what are the positive does and the negative effects? no word requirement
Q2. What does economics explain about the politics of special interest groups?
Consumers buy from the lowest price firm, and the highest price firm sells nothing. If the firms pick the same price, they split the market demand equally.
Illustrate what is the quantity of economic investment that has resulted from BBQ's actions
The government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects.
The US put a specific tariff of €10 on European widgets. Calculate the new equilibrium quantity and price as well as the new Monopoly's profit.
Nancy's price-offer path is horizontal. Explain how does Nancy's expenditure on good 1 respond to changes in p1.
The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launch services to commercial firms.
What value of y survives as a solution if all firms are competing for high ability workers.
What is now the effect on gold consumption and mining of an increased use of gold as money.
Solve for steady-state level of captial and output. What savings rate would be necessary to achieve a steady-state output of 150.
Elucidate how the relative composition of M1 changed since 1965. Do your best to explain why this change has occurred.
The two economies are so far apart that they don't share ideas and each evolves as a separate roomer economy.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
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