GDP Give a 250 word minimum response to the question below regarding the course. What is the most important economic principle you learned from the course? How did this information improve your understanding of macroeconomics, and what is its application in the macroeconomic environment?
Economy questions 1. When the economy is at the recovery stage, both output gap and growth rateare positive? True/ False? Explain. 2. Assume that input prices decrease and the government decides to cut spending.In this scenario, what would happen to output (Y), the overall price (P), and unemployment(U)? Illustrate these changes on a graph. 3. … Read more
Ordinary Least Square Assume that the total cost function of a firm () with no fixed cost and diseconomies of scale is approximated by the quadratic function . Where is the number of units produced and is an error term ?Obtain the formula of the Ordinary Least Square estimator.
Supply and Demand Overview Market demand represents the sum of the individual demand for a commodity (a good or a service) from buyers in the market. If there are more buyers who are willing and able to pay for a commodity, then market demand at each price level will rise. On the other hand, market … Read more
Financial markets. Completely answer the following questions. 1. How did Sub-Prime Mortgages impact the financial markets? 2. How does International Trade impact on employment in the United States? 3. What is the government’s role in increasing employment 4. How is the United States economy different from other economies? 5. How have Global Labor Markets changes … Read more
Elasticity. Please provide descriptive answers to the following questions. 1. A local pizzeria charges $10 for a pizza. The owner of the pizzeria wants to increase the company’s total revenue. A recent market research shows that the price elasticity of demand for his pizza is about 1.5. Should the pizzeria lower or raise the price? … Read more
Economics for managers Answer the following (max 1500 words): Compare and contrast the equilibria and efficiency implications of competitive markets and those markets where government intervenes.
“Economic Geography “ (1) Write about the economic geography of one country. (Even if you are making a comparison among several countries, please specify one central country.) (2) Think about how to organize the chapters by labeling them with numbers and make the report easy to read. (3) Write a chapter that summarizes the entire … Read more
How can Japanese governments allocate their money in digital technology to support their communities during COVID 19? Include: Intro: Introduce the poor digital technology support in Japan during COVID 19 Paragraph 1: The problem of disinformation. Japan should add an agency for Fighting disinformation (EU is working on that) Paragraph 2: Unavailability of technology for … Read more
Global Labor Markets. 1. Explain the difference between real growth and inflationary growth. 2. Will the equilibrium change when there is an increase in the price 3. Explain the problem if the United States tried to pay off debt by printing money. 4. How have Global Labor Markets changes impacted United States employment
