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An article in the Chinese economy in 2012 notes that business inventories had been increasing. As a result, the author argued: "China's growth rate will not be as robust as it has been over the last few years, as the economy needs to work off this excess supply." What does this article mean by "work off this excess supply?" Why would the result be a reduction in China's growth rate (growth of GDP)?
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
List all possible factors to influence the money multiplier when the economy faced the financial crisis. The money multipliers were changed before and after financial crisis. Explain the FED’s monetary policies to increase the money supply in the Gre..
Sam’s utility function is U(x1, x2) = 2x1 + x2, where x1 is the number of units of good 1 he consumes per week and x2 is the number of units of good 2 he consumes per week. Sam has $200 a week to spend.If he belonged to the club, he could buy good 2 ..
What is marginal rate of substitution between flour and rice. What is amount of rice and amount of flour he should be consumed to maximize his utility.
What are the differences between the Federal Reserve and a National Bank (specifically, with regard to their intervention policies and powers for acting within the economy)?
An increase in government spending initially and primarily shifts which curve in what direction
A friend of yours has just returned from desert island where she was stranded alone since January 2009. Having completed Econ. 104 just prior to arriving on the desert island (and being naturally curious), Is international trade more or less importan..
Volkswagen company is Germany own company with a massive factory in Mexico. In 2013, the Volkswagen Mexican factory produced $228 worth of cars and sold $6 to the U.S., $51 to Mexico, and $10 to Germany. How much was added to Gemany's GDP?
Identify three economic factors that will drive a firm's value-to-book ratio to be higher than that of other firms in the same industry.
Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them?
Calculate how large A would have to be so that in the new LRCE, the number of firms is twice what it was in the initial equilibrium.
An asset used in a three-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $8,700,000 and will be sold for $1,910,000 at the end of the project. If the tax rate is 34 percent, what is the after tax..
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