Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Discussion: Macropolicy
Given the state of the economy and the causes of that state-think back to our online discussions a few weeks ago-what should be the appropriate mix of fiscal and monetary policy, from a Keynesian perspective? From a neoclassical perspective? Show each policy mix graphically using the AD/AS model. Which makes the most sense to you? Why?
Discussion: Absolute and Comparative Advantage
Suppose that the United States and Canada can each produce two products: lumber and beef. Create a table like the one below, showing labor requirements per unit of output for each country. (Hint: Choose numbers for each country that are easily divisible by one another.)
What does absolute advantage mean? How do you calculate absolute advantage? In what output(s) does the U.S. have an absolute advantage? Explain using the data from your table. In what output(s) does Canada have an absolute advantage? Explain using the data from your table.
What does comparative advantage mean? How do you calculate comparative advantage? In what output(s) does the U.S. have a comparative advantage? Explain using the data from your table. In what output(s) does Canada have a comparative advantage? Explain using the data from your table.
What product should each country export? Why?
A limited liability company is the best form of business for owners who or in a specific industry, two dominant firms work together to set prices.What we call this
The price elasticity for rice is estimated to be -0.4 and the income elasticity is 0.8. At a price of $0.40 per pound and a per capita income of $20,000, the demand for rice is 50 million tons per year.
Many airline routes worldwide are served by only one airline (a monopoly). Within the U.S., these are often from a small or mid-sized city to a major carrier hub and frequently operated by a regional carrier under contract to the larger airline.
Explain what is meant by the terms, vertical equity, horizontal equity and the Ramsey rule. A city is considering imposing excise taxes on the following items to raise revenue to finance the construction of a new stadium for the major league baseball..
How the economy coordinates society's independent economic actors. A country's gross domestic product (GDP) and how it is defined and calculated.
What tends to be wrong with most policies used by organizations, as they pertain to the BYO revolution and its concepts? How can they be improved?
Policy application. Suppose that your state currently has a uniform assessment rate of 10 percent, but is considering changing to a classi?ed system of property
(a) Calculate the equilibrium price and quantity in this market. Graph the demand and supply curves and illustrate your equilibrium point.(b) Calculate both the elasticities of demand and supply at the equilibrium point. How would a small increase in..
Show the relationship between EV, CV, and consumer surplus using compensated and uncompensated demand curves. If you your income is $ 1million,you spend $100 on good 1, and income elasticity was 0.02, does it matter whether you use EV, CV, or consu..
if health care spending is already on the flat-of-the-curve it may not be possible to buy improved health status by
How are MPC, MPS, APC and APS related to disposable income?
Prepare a brief, 2-3 page, paper outlining the major monetary poicy actions used by the Federal Reserve over the past few years.In general, have these actions helped the US construction industry? Explain.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd