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This post addresses ecomics questions.
What is the logic of a firm setting and exercising the application of a mandatory retirement age? What are the pros and cons of the mandatory retirement practice from the perspective of the firm/organization, individual, economy, or Nation? How might your response change with time; i.e., as you age or as the discoveries, opportunities, and challenges of mankind continue to evolve? What affect might our concern for the baby boomers reaching retirement age, and the smallest number workers supporting the largest number of retirees drawing social security, have on our views regarding mandatory retirement. If the seniors are employed, they will be contributing to social security through their FICA payments.
Living employees company stock or stock options in lieu of pay increases has been popular in many companies. The employees often are not allowed to sell their stock (or exercise their purchase option) for at least one year after receipt, and must forfeit the stock if they quit or are fired within a specified waiting period. Discuss the pros and cons of stock bonuses in lieu of cash bonuses from the perspective of:
o the employee;
o the firm;
o the stockholder;
o the economy (the Nation).
Are there any upsides (benefits) or downsides (costs) to the economy from using stock or stock options as a form of compensation?
Elucidate what it means that the preference relation has a utility function representation,
Describe the relative impact that every variable has on the demand. What implications do these results have for the firm's marketing and pricing policies.
Explicidate key macroeconomic variables which affect your industry.
explain how the changes in the equilibrium price also quantity.
What are the firm's fixed costs? What is the firm's marginal cost? Now suppose other firms in the market sell the product at a price of $10.
Illustrtae the difference among concretionary and expansionary fiscal policy.
Do comparision with the economics of the two following service producing alternatives.
Compute real GDP for 2004 and 2005 using 2004 prices. By what percent did real GDP grow? Compute the value of the price index for GDP for 2005 by using 2004 as the base year. By what percent did prices increase?
Write a brief explanation of each of the following terms. import tariff, effective rate of protection
Using the exchange rates and prices in the tables above:
Describe arbitrage and the law of one price. What role do they play in a market-based system. What do we call the 'one price' of an asset.
Expectation the industry has for you is that you will research also write down relevant economic white papers for the pre-orientation of future deployed employees.
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