MACROECONOMICS M4

Description Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information. Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? Show your work.in detail Part B: Calculate the opportunity cost of producing jeans for each country. Show your work in detail Part C: Calculate the opportunity cost of producing cell phones for each country. Show your work in detail Part D: Determine how many jeans should be produced by each nation. Show your work in detail. Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology in your…

Mircoeconomics production and cost concept: Several years ago, hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farmers whose crops were destroyed by the hurricane were much worse off, but farmers whose crops were not destroyed benefited from the hurricane. Why did this occur? What information would you need about the market for bananas in order to assess whether farmers as a group were hurt or helped by the floods?

how important and efficient is the WTO to provide help for poor countries?, how can we measure their productivity? (explain your reasoning) The minimum length for the summary must be 2 paragraphs (8-10 lines each)

QUESTION 1 Productivity refers to the quantity of goods and services that a worker can produce for each hour of work. True False

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Mechanics: 1. Students will be asked to write a brief essay on "Pros and Cons of Transnational or Multi-National Businesses (TNCS/MNCS) and the Integration of the Philippines to the Global Economy." 2. The essay should have a minimum of 300 words.

4. Shifts in production possibilities Suppose the fictional country of Teton produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for rice, an agricultural good, and telephoto lenses, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a technological advance in medicine that allows workers to live longer and have extended careers. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.

Economics The economic growth rate in Disney Land is 1%, the unemployment rate is 5%, and inflation is running at 3%. Given these conditions, select the choice below that best describes the current performance of Disney Land's economy (a) depression (b) recession (c) sluggish growth (d) moderate growth (e) strong growth (f) inflationary episode (g) stagflation

[item no.7] (Multiple Choice) Why does the United Nations discourage the usage of the global divide—first, second and third world countries? a. It is an imaginary concept that can be negated.b. It delineates the countries as to borders.c. It discriminates countries to be immediately classified as rich-poor divide.

GRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 9 0.1% 10.0% 8. Country-Y 7 Initial Value 2,000.00 ($50 – $10,000) 5 Growth Rate: 1% 4 3 0.1% 10.0% 2 1 CALCULATIONS 35.4 yrs. 0 5 35 40 10 15 20 25 30 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose countries X and Y each produce $2500 of goods and services per year. Country X experiences 1.0% growth per year, while country Y experiences 2.0% growth per year. a) What is Country X's production after 15 years? $ b) What is country Y's production after 15 years? $[ c) If two amounts are initially equal but one grows twice as fast (ex: 1.0% growth versus 2.0% growth), the amount that grows faster will have increased by (Click to select) V twice as…

Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information.Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? Part B: Calculate the opportunity cost of producing jeans for each country.Part C: Calculate the opportunity cost of producing cell phones for each country.Part D: Determine how many jeans should be produced by each nation.Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology you have learned in this unit in your explanation.Part F: Finally, how many total jeans and cell phones will be produced by…

Total fall enrollment in degree-granting postsecondary institutions, by level of institution: 1995 through 2016 Total enrollment Enrollment 4-year Enrollment 2-year Enrollment private Enrollment private Year all institutions public institutions public institutions nonprofit institutions for-profit institutions 1995 14,261,781 5,814,545 5,277,829 2,929,044 240,363 1996 14,367,520 5,806,036 5,314,463 2,942,556 304,465 1997 14,502,334 5,835,433 5,360,686 2,977,614 328,601 1998 14,506,967 5,891,806 5,245,963 3,004,925 364,273 1999 14,849,691 5,977,678 5,398,061 3,055,029 418,923 2000 15,312,289 6,055,398 5,697,388 3,109,419 450,084 2001 15,927,987 6,236,455 5,996,701 3,167,330 527,501 2002 16,611,711 6,481,613 6,270,380 3,265,476 594,242 2003 16,911,481 6,649,441 6,209,257 3,341,048 711,735 2004 17,272,044 6,736,536 6,243,576 3,411,685 880,247 2005 17,487,475 6,837,605 6,184,229 3,454,692 1,010,949 2006 17,758,870 6,955,013 6,225,120 3,512,866 1,065,871 2007 18,248,128 7,166,661 6,324,119…

Country U.S. In 2011 dollars (1) Capital/person 175,075 Hong Kong 154,766 Argentina 31,589 (2) per-capita GDP 54,807 40,603 16,469 Relative to the US values (US = 1)_ (4) per-capita (5) predicted GDP y* (3) Capital/person 1.000 1.000 1.000 (6) Implied TFP to match data 1.000

GRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 9 0.1% 10.0% 8 Country-Y 7 Initial Value 6 ($50 – $10,000) 2,000.00 4 Growth Rate: 1% 3 0.1% 10.0% 2 1 35.4 yrs. E CALCULATIONS 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify values in the SETTINGS window of the interactive tool to answer the questions below. After each question, click the "Reset" button in the upper-right corner. a) Increase the "Initial Value" setting for Country X. Which of the following describes the changes in the graph? OThe vertical intercept of the purple line rises. OThe vertical intercept of the green line rises. OThe green line starts at the same height but rises faster. OThe purple line starts at the same height but rises faster. b) Using the slider, change the "Growth Rate"…

Write/ find an article about U.S economics that happened recently within this week.   please help.

Please help answer all questions related to the screenshot.

Question 33 Handicrafts making done at a small scale in Pakistan follows ________ production capacity and ________ structure.     Mass Level & Organic     Mass Level & Mechanistic     Unit Level & Mechanistic     Unit Level & Organic

CASE STUDY Jeff Spud from ‘Spud’s Farm’ is your client and is a medium sized potato farmer on the north-west coast of Tasmania. You are asked to give him financial and business advice on how his business can survive the problems he is facing from powerful buyers of his produce and with competition from other local, interstate and overseas producers. His previous contracts for his potato crop have been from McCain, a global company. Previously he was able to form a collective with other farmers in the region to negotiate the price to be paid by McCain per tonne. He understands there is some legal issue on negotiating price as a collective and requests advice on this. Jeff has explained that he can produce 50 tonnes of potatoes per hectare and the contract price per tonne he has been given is $248. He has potentially 45 hectares of farm he can use for potatoes. He has provided you with the estimated fixed and variable costs for each farmed hectare. Below are some snippets from recent…