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ECONOMIC VIDEO AND QUESTIONS
Using economic reasoning please try to answer the following questions. The film can be viewed at https://www.youtube.com/watch?v=cBVGzf-fFl0.
Maximum 2 sides, 12 point, Arial or similar font.
1. Briefly explain what the incentive was to create and attend the first Earth Day.2. What economic principles might explain your answer to Question 1?3. Why isn't Earth Day as big an event as it was on the first Earth Day?4. What effect does population have on pollution? Can you express this as a simple qualitative equation?
Growth of India and China - China and India are often referred to as two of the fastest growing countries. Compare their recent growth rates to the U.S. growth rate.
Doing business in Africa and what opportunities are there in Africa? What advantages is there to the company? What drawbacks or risks?
Increased use of vehicle identification numbers on automobiles was encouraged by insurance companies because of their impact on the market for stolen cars. Which aspect of the market would this impact The demand side, the supply side, or both Wh..
Illustrate what effect does the current supply and current demand have on this product. Describe how each of the 4 factors contributed to the elasticity of the good.
A car rental company owner calls a car insurance company. The owner gives her insurance policy number to the insurance clerk, who enters this information into the system to make sure the policy is still valid and the premium has been paid.
Assume that the legal reserve requirement is 10 percent on all deposits. Suppose BoA has $200 million in checkable deposits, $30 million in reserves, $50 million in securities, and $150 million in loans. What is BoA's bank capital? Draw a balanc..
"Tim told me he talked to you about the compliance issue with the Sarbanes-Oxley Act (SOX)," she says. "Your first priority is to review Apex's financial statements. Once you're familiar with our financial history, I want you to prepare a presenta..
Assume the U.S. economy begins in long-run equilibrium. Concerns about global climate change cause the government to significantly restrict the production of electricity form fossil fuels.
Elucidate the effectiveness of these staffing practices and selection tools in meeting current and future employment needs of the organization.
List the four assumptions for the Monopolistic competition model. Now explain how the market will adjust in the long run and draw a corresponding graph for the representative firm in the long run. (Explain your answer.)
Definition, argument to protectionism and argument against protectionisms
Illustrate what is the relationship between the trade situation, the value of the dollar, the national debt and the budget deficit/surplus.
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