Economics

1. Demand will increase. Demand will decline. Nothing. None of the statements as

1. Demand will increase. Demand will decline. Nothing. None of the statements associated with this question are correct 2. What market can you think of, besides that for VCRs, tha…

1. Depreciting Value / time value 2.interest / principle / effort 3. norm value

1. Depreciting Value / time value 2.interest / principle / effort 3. norm value / present value / dollar value b.) 1. present value / future value / nominal value 2. exchange rate…

1. Derivative instruments are: a) Assets such as bonds and stocks that derive th

1. Derivative instruments are: a) Assets such as bonds and stocks that derive their value from the value of the companies that issue them. b) Government bonds. c) Assets that deri…

1. Describe 3 sources of bias/inconsistency in OLS estimators. Be sure to descri

1. Describe 3 sources of bias/inconsistency in OLS estimators. Be sure to describe how the bias arises (i.e. how endogeneity arises) 2. For each source of bias, characterize the d…

1. Describe Interest Rate Parity (IRP). 2. Compare and contrast forward and futu

1. Describe Interest Rate Parity (IRP). 2. Compare and contrast forward and futures contracts. 3. Explain how firms can benefit from forecasting exchanges rates. 4. Describe the c…

1. Describe Ommitted variables and reverse causality and how they impact the abi

1. Describe Ommitted variables and reverse causality and how they impact the ability to distinguish between correlation and causation. 2. Describe the problem with statistical dis…

1. Describe how the balance sheet of the Fed is affected under each of these sce

1. Describe how the balance sheet of the Fed is affected under each of these scenarios (point out changes to both assets and liabilities) and defend your answer: (a) The Fed sells…

1. Describe how the circular-flow diagram works. 2. Name the parts of the diagra

1. Describe how the circular-flow diagram works. 2. Name the parts of the diagram that correspond to the flow of goods and services if you were to pay $50 for a new pair of shoes …

1. Describe the 4 causes of market failure. Why is it safe to assume that the el

1. Describe the 4 causes of market failure. Why is it safe to assume that the elementary and secondary education will always be provided by the government? 2. Describe the three r…

1. Describe the characteristics an asset must possess in order to serve as a med

1. Describe the characteristics an asset must possess in order to serve as a medium of exchange. Which of these is most important for the operation of the economy? What distinguis…

1. Describe the difference(s) between the following terms/phrases a. TRIMs vs. T

1. Describe the difference(s) between the following terms/phrases a. TRIMs vs. TRIPs b. Tax Holiday incentive vs. Investment tax credit incentive c. BITs vs. DTTs d. Home country …

1. Describe the different types of electoral systems. What are the differences b

1.     Describe the different types of electoral systems. What are the differences between the plurality, majority, and proportional representation systems? Where are these differ…

1. Describe the four different types of competition in the private enterprise sy

1. Describe the four different types of competition in the private enterprise system. In which type of competition would each of the following businesses be likely to engage? a. l…

1. Describe the impact of explicit and implicit costs in calculating accounting

1. Describe the impact of explicit and implicit costs in calculating accounting profit and economic profit. 2. Assume you are a business manager for a firm that does a few million…

1. Describe the various principal-agent relationships in the health care sector.

1. Describe the various principal-agent relationships in the health care sector. Give an example of a situation where the economic interests of the principal and the agent are ali…

1. Describe two ways taxes and government spending (fiscalpolicy) are used by Ke

1. Describe two ways taxes and government spending (fiscalpolicy) are used by Keynesian (demand side) conomics to change theeconomy. 2. Describe one way supply side economics uses…

1. Describe ways in which bank regulators manage the moral hazard from the vario

1. Describe ways in which bank regulators manage the moral hazard from the various protections given to the banking industry. 2. Suppose you are graduating and your rich Uncle mak…

1. Describe ways in which bank regulators manage the moral hazard from the vario

1. Describe ways in which bank regulators manage the moral hazard from the various protections given to the banking industry. 2. Suppose you are graduating and your rich Uncle mak…

1. Desired consumption and investment are cd = 4000-4000r + 0.2Y. I2400 4000r. A

1. Desired consumption and investment are cd = 4000-4000r + 0.2Y. I2400 4000r. As usual, Y is output and r is the real interest rate. Government purchases are G- 2000. Full-employ…

1. Despite the fact the fiscal policy is not effective when dealing with recessi

1. Despite the fact the fiscal policy is not effective when dealing with recession, Canadian government conducted an expansionary fiscal policy in response to the 2008-2009 financ…

1. Determinants of the price elasticity of demand Consider some determinants of

1. Determinants of the price elasticity of demand Consider some determinants of the price elasticity of demand The availability of close substitutes Whether the good is a necessit…

1. Determinants of the price elasticity of demand Consider some determinants of

1. Determinants of the price elasticity of demand Consider some determinants of the price elasticity of demand The availability of close substitutes Whether the good is a necessit…

1. Determinants of the price elasticity of demand Consider some determinants of

1. Determinants of the price elasticity of demand Consider some determinants of the price elasticity of demand: 1. Determinants of the price elasticity of demand Consider some det…

1. Determinants of the price elasticity of demand me determinants of the price e

1. Determinants of the price elasticity of demand me determinants of the price elasticity of demand: The availability of close substitutes Whether the good is a necessity or a lux…

1. Determinants that can cause a movement along the supply curve include: a. cos

1. Determinants that can cause a movement along the supply curve include: a. cost of a market basket cost of inputs, technology/productivity, and taxes/subsidies unemployment and …

1. Determine if is true or false a.The federal funds rate is the interest rate t

1. Determine if is true or false a.The federal funds rate is the interest rate that banks charge each other. True False b.The account of a bank in the Federal Reserve (Central Ban…

1. Determine if the benefits of free trade outweigh the drawbacks, and what coul

1. Determine if the benefits of free trade outweigh the drawbacks, and what could be done to address the drawbacks (if anything). State whether you believe fair trade is a fad or …

1. Determine if the benefits of free trade outweigh the drawbacks, and what coul

1. Determine if the benefits of free trade outweigh the drawbacks, and what could be done to address the drawbacks (if anything). State whether you believe fair trade is a fad or …

1. Determine if the benefits of free trade outweigh the drawbacks, and what coul

1. Determine if the benefits of free trade outweigh the drawbacks, and what could be done to address the drawbacks (if anything). State whether you believe fair trade is a fad or …

1. Determine if the benefits of free trade outweigh the drawbacks, and what coul

1. Determine if the benefits of free trade outweigh the drawbacks, and what could be done to address the drawbacks (if anything). State whether you believe fair trade is a fad or …

1. Determine whether each of the following would cause a shift of the aggregate

1. Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in w…

1. Develop the output indices of the Nouveau Slaughtering plant (base year 2003)

1. Develop the output indices of the Nouveau Slaughtering plant (base year 2003) Year             Pound of cattle slaughter output index 2001               180,000                …

1. Developing the null and alternative hypotheses, Type I and II errors, interpr

1. Developing the null and alternative hypotheses, Type I and II errors, interpreting p Aa Aa values Campaign officials for a presidential candidate claim that their candidate has…

1. Development economists consider the phenomenon of child labor as an example o

1.     Development economists consider the phenomenon of child labor as an example of ‘bad equilibrium’. Discuss briefly any two alternatives to a complete ban on child labor. 2. …

1. Diamonds are forever, but are profits also forever in the diamond industry? A

1. Diamonds are forever, but are profits also forever in the diamond industry? Aa Aa "Diamonds are forever." These three simple words are key elements in a marketing campaign that…

1. Diana borrowed $3,000 from Pam and promised to pay her $3,405 after 1.5 years

1. Diana borrowed $3,000 from Pam and promised to pay her $3,405 after 1.5 years. What simple interest rate did she have in mind? 2. How long does it take double an investment of …

1. Did Nancy Pelosi (D), the former Speaker of the U.S. House of Representatives

1. Did Nancy Pelosi (D), the former Speaker of the U.S. House of Representatives, ever order a whip count and ask congressional leaders to get the votes to pass immigration reform…

1. Diminishing marginal returns means: Select one: A. Total output will fall and

1. Diminishing marginal returns means: Select one: A. Total output will fall and then rise as additional units of input are employed B. that in order to increase output at a const…

1. Diminishing marginal utility A. is the combination of goods and services that

1. Diminishing marginal utility A. is the combination of goods and services that maximizes utility for a given income. B. is the additional satisfaction derived from consuming one…

1. Diminishing marginal utility means that a. as you consume more of a good, oth

1. Diminishing marginal utility means that a.   as you consume more of a good, other things constant, the total satisfaction you obtain from consuming this good tends to fall b. a…

1. Direct segment discrimination may be based on a) the age groups of buyers b)

1. Direct segment discrimination may be based on a) the age groups of buyers b) the location of buyers c) a buyer’s membership in certain clubs or associations d) All of the above…

1. Discuss all constitutional issues raised by these facts in the case below and

1. Discuss all constitutional issues raised by these facts in the case below and explain the likely outcome and constitutional basis for any decision by the Supreme Court. Please …

1. Discuss the cost of government subsidization and the economic and political r

1. Discuss the cost of government subsidization and the economic and political rationale behind subsidization. 2. Describe State Owned Enterprises in China. What is their future i…

1. Discuss the cost of government subsidization and the economic and political r

1. Discuss the cost of government subsidization and the economic and political rationale behind subsidization. 2. Describe State Owned Enterprises in China. What is their future i…

1. Discuss the difference between an increase in the aggregate demand curve and

1. Discuss the difference between an increase in the aggregate demand curve and an increase in the quantity of real GDP demanded. Include discussion of how the price level relates…

1. Discuss the key criteria for success and the advantages of a central bank ado

1. Discuss the key criteria for success and the advantages of a central bank adopting the framework of inflation targeting. 2. Consider the features of a desirable monetary policy…

1. Discuss the key criteria for success and the advantages of a central bank ado

1. Discuss the key criteria for success and the advantages of a central bank adopting the framework of inflation targeting. 2. Consider the features of a desirable monetary policy…

1. Discuss the progression of the Markowitz portfolio model into the capital mar

1. Discuss the progression of the Markowitz portfolio model into the capital market theory (p. 367) 2. Describe what is meant by the security market line being the graphic represe…

1. Discuss two reasons that government should intervene in the operation of free

1. Discuss two reasons that government should intervene in the operation of free markets and give two examples of real-world government policies or programs motivated by these rea…

1. Discuss uses of National Income 2. Identify and explain Problems of National

1. Discuss uses of National Income 2. Identify and explain Problems of National Income 3. Identify and discuss how monetary policy can overcome inflation or deflation 4. Discuss t…