Illustrate what did the usa do

Assignment Help Macroeconomics
Reference no: EM1328774

Oil Price Shock/Price Discrimination

1. What did the USA do (like other countries as well) after the first "oil price shock" to become more independent from the OPEC oil?

2. What is "Third Degree Price Discrimination"? Name a practical example.

 

Reference no: EM1328774

Questions Cloud

Elucidate proportion of the variation in sales : Elucidate proportion of the variation in sales is explained by the independent variables in the equations
A lack of local responsiveness : One of the challenges (weakness) of a global strategy is seen when there is a lack of local responsiveness.
Determining stock price in future : A stock that currently trades for $50 per share is expected to pay a year-end dividend of $2 per share. The dividend is expected to grow at a constant rate over time. What is the stock's expected price seven years from today?
Symbolic and substantive policies : Define and discuss some different examples of symbolic and substantive policies that have been implemented over the course of American history.
Illustrate what did the usa do : Illustrate what did the USA do like other countries as well after the first oil price shock.
Describe an ebusiness infrastructure : Describe an eBusiness Infrastructure and describe what they are used for and why it is important to understand an eBusiness infrastructure
The strategic sourcing issues : What are the strategic sourcing issues and why are they key issues? How do you manage these key issues?
Describing culture in organization-s leadership team : Describe a change that would benefit your organization. Additionally, describe the culture within your organization's leadership team.
Finding present value of machine : Foley company financed the purchase of a machine by making payments of $18,000 at the end of each of five years. The appropriate rate of interest was 8%. What was the cost of the machine to Foley?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd