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What are some of the shortcomings of our current GDP measure?
Considering all of the shortcomings of GDP, if you could change the measure to include one of the categories that are currently not included in GDP, which would you choose and why?
At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate and trade balance between two countries.
Consider the Solow Growth Model with technology given by Y = zF(K, N) = zK^(1/2)N^(1/2) , savings rate= 0.2, and depreciation rate=0.1. Both population growth and technological growth are 0. (Note: lower case letters denote per capita variables e.g. ..
Indicate whether each of the following is counted in this year’s GDP: You bought a new Wii at GameStop last year and resold it on eBay this year. You purchase an “Investing for Dummies” book at Barnes and Noble. You purchase a historic home using the..
Problem 1: Assume that the long run total cost function for each firm in a perfectly competitive industry is LRTC = q3 - 4q2 + 8q and the market demand function is Q = 2000 - 100p. Calculate:
The firm increases the number of employees from four to? five, thereby causing weekly output to rise by four units and total cost to increase
After a period of good growing weather Australia produced a plentiful wheat crop - does this mean that it will not have a scarcity problem in regards to wheat?
How economics information has impacted your personal life and work life. How do you plan to use this information when you move ahead in your job.
What is the net present value of the new line at a discount rate of 11.5 percent and a tax rate of 35 percent?
A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a one-year European put option w..
What is the current account for the economy below? If there is no statistical discrepancy what is the capital account?
State governments impose regulations upon businesses and industries within their boundaries and local governments have regulations that affect businesses.
How important is the role of culture in management? How can we best cope with cultural differences in management practices? From you own experience, how does your company deal with cultural differences in the work place?
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