ECON 1001X Assign 1 2020 21f (1)

Macroeconomics discussion

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Question 15: The distinction between microeconomics and macroeconomics involves whether the focus of study involves small, well-defined groups and individual consumer, firms and sectors or large groups and broad economic aggregates.   A True B False

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This semester, you have read about many topics in Macro-Economics. Choose two (2) specific but, different macro-economic topics from your textbook that you will take with you and USE as you continue to "make your way in the world". The topics do not have to be "chapter topics" but can be sub-topics that were broken down inside of the chapters. Make sure your post has the following: Discuss two (2) specific topics Discuss two (2) different topics Topics are from the textbook - Macroeconomics second edition- Mc Graw Hill Discuss = explaining in detail your reasons for selecting the topics you chose to take with you and use. How will you use/utilize the information in the topic. Initial post is required to be a minimum of 200 words

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Macroeconomics dis

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Assignment 2 - Chapter 7 (5 Marks) Question In what ways do the classical and administrative models of decision-making help managers appreciate the complexities of real-world decision-making? (Minimum 250 and maximum 400 words, type your answer in the BB submission box below). Small paragraph on Classical Model Small paragraph on Administrative Model

Course Title: Macroeconomics Steve and Craig have been shipwrecked on a deserted island in the South Pacific. Their economic activity consists of either gathering pineapples or fishing. We know Steve can catch four fish in one hour or harvest two baskets of pineapples. In the same time Craig can reel in two fish or harvest two baskets of pineapples. Question: If they each specialize in either fishing or harvesting pineapples, what should Steve specialize in? What should Craig specialize in? What will their total production be? (Show opportunity cost calculations.) Should they specialize? Why or Why not?

Q2: Micro VS Macroeconomics? Classify the following questions as Microeconomics or Macroeconomics and provide a justification for your choice. a) How will the market for melons be affected after Hurricane Dean? b) How much will the Trinidadian economy grow this year? c) What are the factors which determine the choice that a person makes between buying a Honda Accord or a Toyota Corolla? d) What will the inflation rate be for Belize?

Instructions:The economic ideas of two the most influential economists:  John Maynard Keynes and Frederic von Hayek have a significant impact on the US economy and the entire global economy. They had very different views about a free market economy and the role of the government. Even though they had arguments in 1930s, their ideas still affect our contemporary economic systems. The relevance of their views will be debated in the video:  Fear The Boom and Bust": Keynes vs Hayek Rap Battle. Two models below represent John Maynard Keynes and Frederic von Hayek concepts of aggregate-demand (AD) and aggregate-supply(AS) of the nation’s economy. Once you’ve watched the video and read Chapter 32: Aggregate Demand and Aggregate Supply, then answer the questions that follow. The following links provides a two-minute videos about demand-pull inflation, cost-push inflation, recession, short-run period, and long-run period.  http://welkerswikinomics.com/blog/2011/04/08/1643/ Figure 1: Hayek’s…

11- One research is being conducted about how gold prices change due to the changing preferences of individual consumers. Research such as these belong to the study of ______________. a. International economics b. Microeconomics c. Macroeconomics d. Public economics

International Macroeconomics-End of Chapter Problem During his presidency, Donald Trump attempted to alleviate the U.S. trade deficit by passing a series of tariffs on Chinese exports. Prior to President Trump taking office, the U.S. had an average tariff rate of 3.1% on Chinese exports, but by February of 2020, the average tariff rate had increased to 19.3%. During the same time period, the U.S. dollar went from 6.27 Chinese yuan per U.S. dollar to 7.10 Chinese yuan per U.S. dollar. Based on an analysis of the foreign exchange market, implementation of the tariffs would cause the dollar to O appreciate against the yuan, consistent with the data. appreciate against the yuan, contrary to the data. depreciate against the yuan, contrary to the data. depreciate against the yuan, consistent with the data.

Question 14 Microeconomics focuses on: The workings of the whole economy or large sectors of it Issues such as unemployment and inflation The individual units that make up the economy Total output and the general level of prices

Economics British American Tobacco (BAT) runs the largest private sector run afforestation program in Bangladesh. BAT Bangladesh initiated its afforestation program in 1980 when the forest department called on the private sector to support its endeavor to conserve the forests. BAT has contributed around 110 million saplings to the country’s afforestation initiative over the last 4 decades. As a large corporation BAT pays a significant amount of corporate tax to Bangladesh Government; recognized as one of the highest income tax paying companies in the country for the tax year 2019-20 in the last five years, the company has deposited more than Tk3,600 crore as Income Tax and Tk88,000 crore as VAT, to the National Exchequer. BAT enjoys the status of being one of the most high profile companies that are doing business in Bangladesh. a) Based on the above provide two reasons, with brief explanations, as to why BAT was involved in the afforestation program?

Question 24 Which of the following is a topic of macroeconomics? a) production in the automobile industry O b) the distribution of a person's income between spending and saving Oc) the number of accountants who are unemployed d) the market price of corn the overall price level in the economy

Topic: What is the world going to be like if we continue to have bilateral economic war in the next 25 years? the tensions that lead to war still exist: religion, money, natural resource, and history all provide way too many “reasons” for countries to want war to achieve their perception of national goals. Governments of nations have increasing impact on short term tools that affect both national and global economics  Question: how are Macroeconomics is greatly affected by politics during bilateral economic war. and how can you see change in the next 25 years. please answer in paragraphs, thank you for your time!

Read the case study carefully and answer the questions that follow.   Technology in Business: 5 Successful Cases When Companies Succeeded in Digital Business technology has been rapidly changing the world for years. Market research shows that these are not tech companies only that have found business technology vastly improving their efficiency. 52% of companies worldwide report an increase in worker productivity, 49% — better performance, and 46% — better customer experience after digital renovation.   Domino’s Pizza: Context: Domino’s Pizza is one of the biggest pizza restaurant chains in the world. This is an international business operating in more than 83 countries. The business started its journey pretty successfully. In 2007, the stock price of Domino’s Pizza was $32.25. This was a good rise compared to $14.70 in 2004. But in 2008, things started to change. Domino’s experienced a steady decline. In October of the same year, their stock price was only $5.95. The team started to…

Problem 1: The following two figures illustrate historical home price trend and interest rate for the 30-years fixed rate mortgage in the United States. Based on the information, please answer the following questions if today were in 2013. Assuming that history will repeat itself, what do you think of the U.S. housing market for the next 10 years? How about mortgage rate for the next 10 years?   Based on your prediction, answer the two questions below: a)If you have money, should you invest in the housing market? b)If your answer in a) is “Yes”, and one lender allows you to borrow money, should you borrow money to buy the property? Why?

(1) Classify the following topics as relating to microeconomics or macroeconomics. (5) a. a family’s decision about how much income to save b. the effect of government regulations on auto emissions c. the impact of higher national saving on economic growth d. a firm’s decision about how many workers to hire e. the relationship between the inflation rate and changes in the quantity of money

Q1: Explain the following with example. (Diagram if Required) Macro Economics Micro Economics Risk & Uncertainty

This is a history of economic thoughts question 1 Contemporary microeconomics has its roots in Adam Smith's "theory of the free market" (a) Identify and discuss the key assumptions of this theory (b) Identify and discuss the main predictions of this theory and examine their policy implications. (c) Identify and examine the two main circumstances under which the theory's predictions fail to hold (d) Demonstrate how post-Smithlan developments in microeconomics have resolved the problems posed in (c) above

Question: Who among the following economists introduced the concept of the "invisible hand" to describe the self-regulating behavior of the marketplace? A) Adam SmithB) John Stuart MillC) Friedrich HayekD) Paul Samuelson Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

PLEASE ANSWER IT CORRECTLY. SUBJECT: ENTREPRENEURSHHIP answer it in 1hr.

QUESTION 39 39. Which of the following statements accurately represent ideas proposed by Adam Smith? a) the market system does not require any help from the government to survive. a) government should be weak. b) the government should protect domestic industry against foreign imports. c) the value of money is based on the goods it can buy d) selfishness is a good thing for society and the economy.

Critically evaluate this statement: “The trouble with economic theory is that it is not practical. It is detached from the real world.” Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

discuss why these concepts are important to the studies of microeconomics. accounting profit total revenues minus explicit costs, including depreciation average profit profit divided by the quantity of output produced; profit margin average total cost total cost divided by the quantity of output

Macroeconomics discuss

Question 34: thinking locally, we know that today about 24% of economic output in the Buffalo/Niagara Falls metropolitan statistical area is from goods/making activities by over 75% is from services. This is an enormous change from Buffalo‘s days as a manufacturing powerhouse yet the bureau of economic analysis says that the GDP of our metro area has consistently grown, even during the worst of the financial crisis and recession of 2008 to 2010. Which of the following reasons would be relevant to the rise in regional GDP despite manufacturing employment having fallen from 225,000 in 1955 to less than 50,000 in 2020?

SUBJECT: MANAGERIAL ECONOMICS 1. Discuss the usefulness of Micro-Macro-International Economic Models in the study of  Managerial Economics / decision-making.