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_________ occurs when a city is unable to supply adequate jobs and housing for its inhabitants.
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- Cite other example wherein changes in the natural environment affect business sectors.Answer your friend who claims that; Do you agree/disagree with these statements,explain your reason. 1) housing boom in Japan is unbelievable due to its declining population (Table 3). 2) The condominium prices are determined by the building costs by the construction companies rather than financial condition of buyers. The condominium prices 3)are similar to those in other property types (Table 1) and 4)do not change largely regionally across Japan (Table 2). 5) population changes do have similar effects on house prices in large cities and rural areas in Japan.The Government of a country has implemented a higher minimum wage in 57 cities and towns effective 1 January 2020. Describe how the new wage will benefit employees in the urban areas and discuss the consequences to the economy of the country.
- When the price level rises, they typical family Question 11 options: a) has to spend more dollars to maintain the same standard of living b) has to spend fewer dollars to maintain the same standard of living c) can offset the effects of rising prices by saving more d) finds that its standard of living is not affecteddescribe a decline in purchasing power evidenced in an economic environment of rising prices?Q19 What is common in the following events? : pollution, skyrocketing commodity prices, plummeting price of agricultural products -Result from competition - Price issues - Market Failure - Supply Failures
- Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans. Sketch a demand and supply diagram to support your answers. The number of people at the most common ages for home-buying increases. People gain confidence that the economy is growing and that their jobs are secure. Banks that have made home loans find that a larger number of people than they expected are not repaying those loans. Because of a threat of a war, people become uncertain about their economic future The overall level of saving in the economy diminishes. The federal government changes its bank regulations in a way that makes it cheaper and easier for banks to make home loans.explain the expected impact on output, price level, and employment if new government regulations require firms to use a cleaner technology that is also less efficient than what they previously used?Coffee is now the second most traded commodity in the world after crude oil. Not only has demand for various coffee products risen sharply in Western countries in recent years, increasingly there is also greater taste for coffee drinks in developing countries such as China and India. In addition, by-products of coffee beans have become popular such as coffee leaves which can be used to brew a tea with known health benefits. However, as a natural produce, coffee plants are subject to weather conditions. Recently major producers such as Brazil have been plagued by droughts. Using the demand-supply model, explain the likely effects of these phenomena in the coffee bean market. How can a market analyst use this information to her advantage?
- Suppose the government passed a tax reform giving an investment tax credit to any firmbuilding a new factory or buying a new piece of equipment, please demonstrateThe method of production that largely determines the capability of producers to produce and make products available in the market for sale at various prices * technology. costs of inputs. expectations of future prices. legal factors and considerations.Congratulations! You are hired to work as economic advisor to His Excellency the Prime Minister of Xanadu, an imaginary country that suffers from a severe recession condition due to the Novel Coronavirus Pneumonia (COVID-19) pandemic. What are your recommendations for an urgent plan to rescue the economy of Xanadu? Specifically, what government policy actions are required? Explain to His Excellency the possible drawbacks of your recommended course of actions.