Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

International Economics
Explain why the U.S. would subsidize the short run costs of production for tobacco farmers in foreign countries. Do these practices guarantee the tobacco farmers a profit in the short run? Long run? Explain.
Saturday, July 19, 2008 at 4:22pm

Economics
I need help on some T/F questions. 1. A decrease in the foreign interest rate results in a shift to the left by the IS curve. 2. Home's trade balance surplus must increase as a result of a decrease in Home's interest rate. 3. Since investment I is a function of nominal...
Saturday, July 19, 2008 at 11:51am

International Economics
When is international trade an opportunity for workers?
Friday, July 18, 2008 at 3:04pm

Economics
How would the advice of an economic scientist differ from that of an economic policy advisor?
Thursday, July 17, 2008 at 4:52pm

Managerial Economics- need help
Basic Estimating – Week 2 A security analyst specializing in the stocks of the motion picture industry the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry. Time-series data for the last ...
Wednesday, July 16, 2008 at 6:01pm

Economics
consumption function, C=5+0.75*(Y-T). Y is,national income and T is government taxes. a What is the marginal propensity to consume? b If disposable income is 100, what are consumers' savings? c What form might a "consumption shock" take given the structure of ...
Friday, July 11, 2008 at 12:32pm

Economics
Beachfront resorts have inelastic supply, and automobiles have an elastic supply. Suppose that a rise in population doubles the demand for both products (that is, the quantity demanded at each price is twice what it was). a. What happens to the equilibrium price and quantity ...
Thursday, July 10, 2008 at 1:29pm

ECONOMICS 205
what assumptions does the perfect model make? are the realistic? For example, does it view competition in a static or a dynamic sense? is it a good model
Wednesday, July 9, 2008 at 1:51am

International Economics
Describe the driving business forces in both the foreign and domestic environment
Tuesday, July 1, 2008 at 10:01am

economics
What are futures and options? What is the difference between investing in the stock market and futures and options trading?
Sunday, June 29, 2008 at 9:50pm

economics
How are the ways that the former Soviet Union and China have moved toward market based economies different?
Sunday, June 29, 2008 at 8:28pm

economics
Has NAFTA succeeded as a way to increase US trade?
Sunday, June 29, 2008 at 7:24pm

economics
Analyzing Information Discuss the benefits and problems associated with multinational corporations establishing production facilities in an LDC.
Sunday, June 29, 2008 at 6:37pm

economics
The manager of the international department of the McAllen Bank learns on the way to work that the ship on which a local exporter shipped some goods has sunk. The manager has received all the documents required in the letter of credit and is ready to pay the exporter for the ...
Friday, June 27, 2008 at 7:41pm

Economics
How to explain the differences in prices of "homogeneous" goods among sellers.
Wednesday, June 25, 2008 at 7:56pm

Macro Economics
Diagram and explain the concept of a function.
Wednesday, June 25, 2008 at 6:06pm

economics
What should Tom Sloane and U.S. Pharmaceutical of Korea do to improve collections from wholesalers?
Tuesday, June 24, 2008 at 8:10pm

statistics
Sixty-four students in an introductory college economics class were askd how many credits they had earned in college, and how certain they were about their choice of major. At a = .01, is the degree of certainty independent of credits earned? Credits Very Somewhat Very Row ...
Monday, June 23, 2008 at 4:55am

Economics
Due to a severe damage, a gas pipeline supply gas to Arizona was shut down for a few weeks in the summer of 2003, Gas became scarce in Arizona, and price rose, causing consumers to panic
Sunday, June 22, 2008 at 6:10pm

economics Need help immediatly
Inflation doesn't reduce purchasing power if ______. price of essential products, such as food and gasoline, don't increase too much it causes an increase in nominal wages it remains under 10% per year the Federal Reserve increases the money supply enough to offset it
Friday, June 20, 2008 at 7:09pm

Economics Questions.
I am not quite sure about the following questions, is it True or False for each of the following? 1) The exchange rate (under PPP) between the dollar and the British pound would be 0.5 dollars per British pound if a pair of American jeans costs 50 dollars in New York and 100 ...
Wednesday, June 18, 2008 at 9:06pm

Managerial Economics
Suppose the two rival office supply companies Office Depot and Staples both adopt price-matching policies. If consumers can find lower advertised prices on any items they sell, then Office Depot and Staples guarantee they will match the lower prices. Explain why this pricing ...
Wednesday, June 18, 2008 at 10:41am

Managerial Economics
In the 2000 U.S. presidential contest, Al Gore was advised by strategists to wait for George W. Bush to annouce his vice-presidential running mate before making his own decision on a running mate. Under what circumstances would Gore be better off giving Bush a head start on ...
Wednesday, June 18, 2008 at 10:38am

Managerial Economics
Thomas Shelling, an expert on nuclear strategy and arms control, observed in his book The Strategy of Conflict (Cambridge, MA: Harvard University Press, 1960), "The power to constrain an adversary depends upon the power to bind oneself." Explain this statement using ...
Wednesday, June 18, 2008 at 10:35am

Managerial Economics
Some states have had laws restricting the ssale of most goods on Sunday. Consumers, by and large, oppose such laws because they find Sundat afternoon a convenient time to shop. Paradoxically, retail trade associations frequently support the laws. Discuss the reasons for ...
Wednesday, June 18, 2008 at 10:33am

Managerial Economics
Dell Computer Corp., the world's largest personal-computer maker, is keenly aware of everything its rival PC manaufacturers decide to go. Explain why Dell usually reacts more quickly and more substantially to pricing, product design, and advertising decisions made by ...
Wednesday, June 18, 2008 at 10:30am

Managerial Economics
When McDonald's Corp. reduced the price of its Big Mac by 75 percent if customers also purchased french fries and a soft drink, The Wall Street Journal reprted that the company was hoping the novel promotion would revive its U.S. sales growth. It didn't. Within two ...
Wednesday, June 18, 2008 at 10:27am

economics
complex models are always better than simple ones. true or false?
Tuesday, June 17, 2008 at 8:23am

Economics
Is this a Pigovian Tax? If the govenment were to impose a fee of $10,000 for each unit of air pollution released by a steel mill, this policy would be considered: A) A Subsidy B) A Regulation C) A Pigovian tax D) A Command-and-Control Policy A know it is not a subsidy or a ...
Monday, June 16, 2008 at 2:11pm

ans qll question of micro economics book of roger
i nedd ans of all question of roger arnoldbook.
Saturday, June 14, 2008 at 1:35pm

home economics
explain how supply and demand effect the prices of homes and be sure to shpw your work
Saturday, June 14, 2008 at 9:33am

about economics book
any has the question's answer of arnold roger's micro economics book(8th edition).pls help me.
Friday, June 13, 2008 at 11:43pm

economics
must consumers' surplus equal producers surplus at equilibrium price ?explai ur answer.(very short explanation)
Friday, June 13, 2008 at 11:07pm

micro economics
producer surplur is equal consumer surplus at equilibrium popint.explain
Friday, June 13, 2008 at 10:40pm

Economics
Ringo loves playing rock and roll music at high volume. Luciano loves opera and hates rock and roll. Unfortunately, they are next-door neighbors in an apartment building with paper-thin wall. What is the externality here?
Friday, June 13, 2008 at 12:33pm

Business-Economics
Describe any current or past news events related to wage inequality in the steel industry
Thursday, June 12, 2008 at 11:41pm

Economics
Explain how the concepts of scarcity, choice and opportunity cost are related to the spending priorities of state government and can be illustrated by these two main areas: road construction and school classroom construction. With spending of only 300 million and 600 million a...
Wednesday, June 11, 2008 at 6:40pm

Economics
For the years 1970-2004 draw a graph to illustrate what has happened to real GDP per capita and real hourly earnings.
Wednesday, June 11, 2008 at 6:32pm

economics
1)The OECD( organization for economic cooperation and development)data also indicate for example that the stimulative effects of tax reductions are considerably smaller than those triggered by government expenditure increases, a fact of life long recognized by economists. ...
Wednesday, June 11, 2008 at 2:43pm

Michael
Which one of the following would increase income inequality as measured by official Census data and the quintile distribution? A. a doubling of social security retirement benefits B. the elimination of the food stamp program C. the elimination of the TANF program D. reduced ...
Wednesday, June 11, 2008 at 8:23am

David L
When economists say that health care services are overconsumed, they mean that: A. rich people buy too much health care and poor people buy too little. B. some resources now used in the health care industry could produce alternative goods and services that society values more ...
Wednesday, June 11, 2008 at 8:14am

Economics
. A bumper crop of farm products causes: A. only a slight decline in the price of farm products because the demand for farm products is income inelastic. B. a large decline in the price of farm products because the demand for farm products is price inelastic. C. only a slight ...
Monday, June 9, 2008 at 12:59pm

Economics
(Last Word) The U.S. sugar program has: A. improved the world allocation of agricultural resources. B. caused the world price of sugar to rise above its domestic price. C. increased domestic sugar production. D. lowered the incomes of U.S. sugar growers.
Monday, June 9, 2008 at 11:04am

economics
list three strengths and three weaknesses of the Consumer Price Index calculation.
Sunday, June 8, 2008 at 1:38am

Economics
6. Consider total cost and total revenue given in the table below: QUANTITY 0 1 2 3 4 5 6 7 Total cost $8 $9 $10 $11 $13 $19 $27 $37 Total revenue 0 8 16 24 32 40 48 56 a. Calculate profit for each quantity. How much should the firm produce to maximize profit? b. Calculate ...
Saturday, June 7, 2008 at 1:35am

Economics
. Consider total cost and total revenue given in the table below: QUANTITY 0 1 2 3 4 5 6 7 Total cost $8 $9 $10 $11 $13 $19 $27 $37 Total revenue 0 8 16 24 32 40 48 56 a. Calculate profit for each quantity. How much should the firm produce to maximize profit? b. Calculate ...
Saturday, June 7, 2008 at 1:30am

Economics
All of the following are regulatory commissions dealing with industrial regulation (as distinct from social regulation) except the: A. Food and Drug Administration. B. Federal Energy Regulatory Commission. C. Federal Communications Commission. D. 50 state public utility ...
Friday, June 6, 2008 at 4:22pm

Micro Economics
Health maintenance organizations (HMOs): A. are based on the traditional fee-for-service system of paying physicians. B. charge a fixed amount per member, hire many of their own physicians, and provide health services only to members. C. are also known as preferred provider ...
Friday, June 6, 2008 at 11:08am

Economics
Which of the following is a demand-increasing factor in the health care market? A. rising incomes B. the aging of the population C. asymmetric information D. all of the above
Friday, June 6, 2008 at 9:44am

home economics
What is an acrostic poem for E-C-N-O-M-I-C-S
Thursday, June 5, 2008 at 8:05pm

Economics
4. False advertising and the misrepresentation of products were made illegal by the: A. Federal Trade Commission Act. B. Wheeler-Lea Act. C. Sherman Act. D. Clayton Act. 6. All of the following are regulatory commissions dealing with industrial regulation (as distinct from ...
Thursday, June 5, 2008 at 9:45am

Managerial Economics
The Harley-Davidson motorcycle company, which had a copyright on the word "hog," applied for exclusive right to its engine sound. Why would a company want copyrights on two such mundane things?
Thursday, June 5, 2008 at 12:06am

Managerial Economics
You own a small bank in a state that is now considering allowing interstate banking. You oppose interstate banking because it will be possible to for the large money center banks in New York, Chicago, and San Francisco to open branches in your bank's geographic market area...
Wednesday, June 4, 2008 at 11:43pm

Managerial Economics
Tots-R-Us operates the only daycare center in an exclusive neighborhood just outside of Washington, DC. Tot-R-Us is making a substantial economic profit, but the owners know that new daycare centers will soon learn of this highly proftable market and attempt to enter the ...
Wednesday, June 4, 2008 at 8:54pm

Managerial Economics
At a recent board meeting, the president and CEO got into a heated argument about whether to shut down the firm's plant in Miami. The Miami plant should continue to operate, at least until a buyer is for the production facility. The president's argument was based on ...
Wednesday, June 4, 2008 at 8:45pm

Economics
Buyers will opt out of markets in which: A. there are significant negative externalities. B. standardized products are being produced. C. there is inadequate information about sellers and their products. D. there are only foreign sellers. I think the answer is A but not for ...
Wednesday, June 4, 2008 at 11:21am

Managerial Economics
If all assumptions of perfect competition hold, why would firms in such an industry have a little incentive to carry out technological change or much research and development? What conditions would encourage research and development in competitive industries?
Tuesday, June 3, 2008 at 11:55pm

Managerial Economics
The Midnight hour a local nightclub earned $100,000 in accounting profit last year. This year the owner, who had invested $1million in the club, decided to close the club. What can you say about economic profit (and the rate of return) in the nightclub business?
Tuesday, June 3, 2008 at 11:28pm

Economics
A PURE MONOPOLIST SELLS OUTPUT FOR $4 PER UNIT. THE MARGINAL COST IS $3, AVERAGE VARIABLE COSTS ARE $3.75, AND AVERAGE TOTAL COSTS ARE $4.25. THE MARGINAL RVENUE IS $3. WHAT IS THE SHORT RUN CONDITION FOR THE MONOPOLIST AND WHAT OUTPUT CHANGES WOULD YOU RECCOMMEND IN THE ...
Sunday, June 1, 2008 at 3:40pm

W.
Is it true that if, for example, Euro's purchasing power is bigger than Dollar's if the exchange rate of dollars/euros is greater than 1 ?
Saturday, May 31, 2008 at 5:35pm

Economics
What is the balance of trade as to imports and exports? Which US company exports the most products?
Saturday, May 31, 2008 at 2:28pm

Economics
If MPC= 0.6. If the government increases expenditures by $200 billion, what is the impact of AD or SRAS, on P and Y? If the government decreases taxes by $200 billion what is the effect on AD or AS on P and Y?
Thursday, May 29, 2008 at 8:07pm

Economics
What product would be suitable to export to Hong Kong based solely on the location, climate, topography, and natural resources.
Tuesday, May 27, 2008 at 9:02pm

Macroeconomics
Peter Pundit, an economics reporter, states that the European Union (EU) is increasing its productivity very rapidly in all industries. He claims that this productivity advance is so rapid that output from the EU in these industries will soon exceed that of the United States ...
Tuesday, May 27, 2008 at 8:32pm

economics
describe the economic system most common to primitive societies
Tuesday, May 27, 2008 at 7:17pm

Economics
write a lecture that explains the gold standard and addresses the functions of the world’s major foreign exchange markets.
Sunday, May 25, 2008 at 10:43am

Economics
How do you do the portfolio worth part 2?
Friday, May 23, 2008 at 8:42pm

Economics
I need some help in this question, thanks. Suppose that a Home country has many trading partners and each trading partner has its own currency. (a) If each trading partner allows its currency to float, is it possible for Home to fix its exchange rate against all of its trading...
Tuesday, May 20, 2008 at 10:15am

Economics
Correct me if I am wrong, if a country's currency appreciates, foreign goods are relatively cheaper than domestic goods, so imports increases and export decreases. And if depreciates, the opposite is true?
Monday, May 19, 2008 at 1:22pm

home economics
How are consumers hurt by corporations?
Sunday, May 18, 2008 at 7:19pm

Economics
I am getting thrown off by absolute advantage: Boston: Red Socks per worker per hour 3 White Socks per worker per hour 3 Chicago: Red Socks per worker per hour 2 White Socks per worker per hour 1 A) Without trade, what is the price of white socks (in terms of red socks) in ...
Friday, May 16, 2008 at 10:55am

economics
You are a team working for an economic consulting firm; your client is “The New Delmonico Steakhouse,” a high-end steak place with four restaurants in Manhattan. Your client is considering opening a single restaurant in Chicago (in the Loop), and wants assistance in ...
Thursday, May 15, 2008 at 10:11pm

eco205
I am to do research on an industry and answer the question is price elasticity of demand considered elastic or inelastic? Are there substitutes available? Is the good a luxury or a necessity? Explain. o What is the price elasticity of supply for your chosen industry? Explain. ...
Wednesday, May 14, 2008 at 8:41pm

Economics
Is there a website to find the inflation rates of the America? I've tried to search on google, but I don't know their central bank is.
Wednesday, May 14, 2008 at 1:17am

home economics
You are gathering demographic data in a village. You suspect that families have a gender bias; that is, they have children until a certain target number of sons are born, but you don’t have direct evidence of this. All you have is information on the sex and birth order of...
Sunday, May 11, 2008 at 4:24pm

home economics
Critically assess the HDI as a measure of development. What do you think should be added to the HDI to measure development? Using an example and creating some new spheres or indices within the HDI, create an example showing how countries might rank with your new adjusted HDI.
Sunday, May 11, 2008 at 4:20pm

Economics
I am on the chapter for International Trade in the book. I neew to calculate the producer surplus after a trade and I am not sure if I am doing it right. Graph: Price of Pencil Sharpeners $16__________________________World Price >>>>>>>|>>>...
Saturday, May 10, 2008 at 10:16am

Economics
A. How can a tax on commodity be shifted forwards and backwards? B. What determines the amount of forward shifting that will occur?
Friday, May 9, 2008 at 12:53pm

Englis
Name any fallacy in this essay One day in January 1995 a number of companies in San Diego, California, woke up to find that they had a "deficient work force." This new designation, which had literally come overnight, had nothing to do with the intelligence of the ...
Thursday, May 8, 2008 at 11:20pm

Economics
Assume the demand for beef is given by Qd = 22 + 0.1 Y – 10Pb + 5 Pc And the supply of beef is given by: Qs = -400 + 500Pb – 200 Pf where Qd denotes quantity of beef demanded, Qs denotes quantity supplied, Pb denotes price, of beef, Y denotes per capita income, Pc ...
Wednesday, May 7, 2008 at 11:13am

Economics
I picked the answer C for both questions. I still am not sure? Ben-cones 8 Ben-ice cream 2 Jerry-Cones 6 Jerry-Ice Cream 4 According to the tables, Ben as a comparative advantage in: A) ice cream, and Jerry has an absolute advantage in both goods B) cones, and Jerry has an ...
Tuesday, May 6, 2008 at 8:46pm

Economics
I picked C as the answer to this question but I am not sure? The difference between production possibilities frontiers that are vowed out and those that are linear is that: A)bowed out production possibilities frontiers illustrate tradeoffs, whereas linear production ...
Tuesday, May 6, 2008 at 8:31pm

ECONOMICS
Author are typically paid a royality which is a fixed percentage of revenue; a common figure 10% of sales revenue. Show that the price desired by an author is always less than the price desired by a profit maximising publisher. What is the elasticity of demand at the price ...
Monday, May 5, 2008 at 7:53am

math
Four accounting majors, two economics majors, and three marketing majors have interviewed for five different positions with a large company. Find the number of different ways that five of these could be hired. One accounting major, one economics major, and one marketing major ...
Sunday, May 4, 2008 at 9:57pm

Economics
what is sales tax? and what is it used for?
Sunday, May 4, 2008 at 9:34pm

Economics 101
Hey guys my Econ final is on Tuesday and I could use some help. These are 4 example questions true/false with explanation needed. 1. A monopolist will produce less and charge a higher price than a perfectly competitive industry. 2. Regardless of the type of price control, if ...
Sunday, May 4, 2008 at 4:42pm

home economics
A company is planning to invest $75,000 (before taxes) in a personnel training program. The $75000 outlay will be charged off as an expense by the firm this year (Year 0). The returns estimated from the program in the forms of greater productivity and less employee turnover ...
Sunday, May 4, 2008 at 2:39pm

home economics
several factors people considered before investing in any financial instrument
Sunday, May 4, 2008 at 2:29pm

Economics
Author are typically paid a royality which is a fixed percentage of revenue; a common figure 10% of sales revenue. Show that the price desired by an author is always less than the price desired by a profit maximising publisher. What is the elasticity of demand at the price ...
Saturday, May 3, 2008 at 8:43pm

Critical Thinking
Identify any examples of bias presented by the author. If none exist, explain how you determined this. Until his death in 2003, Paul Simon was a professor at Southern Illinois University, where he taught classes in political science, history, and journalism, and served as ...
Saturday, May 3, 2008 at 6:23pm

Critical Thinking
Capital Punishment Does Not Make Nation Safer Identify and name any rhetorical devices used by the author. If none exist, explain how you determined this. Until his death in 2003, Paul Simon was a professor at Southern Illinois University, where he taught classes in political ...
Friday, May 2, 2008 at 10:34pm

social studies
the task of economic policy is to create a properous america. The unfinished task of properous American is to build a Great Society. Our accomplishments have been many: these tasks remain unfinished; > to achieve full employment without inflation; > to restore external ...
Thursday, May 1, 2008 at 12:37pm

economics
In general the role of board of directors is to: a) Direct the day-to-day activities of the firm b) Represent investor interests in management of the firm c) Insure that the firm operates legally d) Provide "staff" assistance to the CEO in strategic matters
Thursday, May 1, 2008 at 10:39am

economics
in general the role of board of directors is to: a) direct the day-to-day activities of the firm b) represent investor interests in management of the firm c) insure that the firm operates legally d)provide staff assistance to the CEO in strategic matters
Wednesday, April 30, 2008 at 8:57pm

economics
in the simple economics of a competitive market price increases under which condition: a) demand is constant. supply declines b) demand decreases. supply increases c) demand and supply rise concomitantly d) demand and supply decline concomitantly
Wednesday, April 30, 2008 at 8:08pm

Economics
Suppose last month's inflation report estimated monthly inflation to be 0.4% over the month. The monetary authorities want inflation to not exceed 2% per year. Estimates of potential output state that our economy is currently near potential output. Unemployment rates have ...
Tuesday, April 29, 2008 at 3:43pm

home economics
Imagine that the efficient provision of telephone calls in a medium-sized city involves an initial investment of $100 million financed by borrowing at 6 percent and variable cost of 5 cents a phone call. The phone company's annual fixed cost would be $6.0 million (6.00 ...
Monday, April 28, 2008 at 11:21pm

economics
Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
Monday, April 28, 2008 at 8:27am

environmental
economics ,social practices during the next 5 years wich do you think will have the most important impact on your used book business?why
Sunday, April 27, 2008 at 1:59pm

home economics
Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
Saturday, April 26, 2008 at 7:34pm

managerial economics
how do you figure out the derivative, can you give an easy explanation. examples: -100 + 132Q - 20Q^2 example: A/(A + 8)
Friday, April 25, 2008 at 7:48pm

managerial economics
A golf-course operator must decide what greens fees (prices) to set on rounds of golf. Daily demand during the week is Pd = 36 –Qd/10 where Qd is the number of 18 hole rounds and Pd is the price per round. Daily demand on the weekend is Pw = 50 – Qw/12. As a ...
Friday, April 25, 2008 at 7:34pm

Economics
What economic conditions are relevant to decision-making?
Tuesday, April 22, 2008 at 1:27pm

Economics
Q1) whether the following statement is true or not? some reasons plz~! "a monopolist produced 1 million units last year. If a $10 per unit tax is imposed, the profits of the monopolist will decrease by $10 million"
Monday, April 21, 2008 at 7:54pm

Economics
I am working on the cost of taxation. Question: The market for pizza is characterized by a downward-sloping demand curve and upward-sloping supply curve. Suppose that the govenment forces each pizzeria to pay a $1.00 tax on each pizza sold. Illustrate the effect of this tax on...
Sunday, April 20, 2008 at 7:42am

economics
What is the formula for caculating GDP deflator?
Thursday, April 17, 2008 at 7:16pm

economics
If a country sells a currency dollar would the exchange rate price be the currency/dollar or dollar/currency and what will the demand be.
Wednesday, April 16, 2008 at 10:58pm

economics
If a country such as Europe sells their saved dollars as a result in a drop in U.S. sales and purchases, will the demand-supply graph show only the demand for the dollar. I just don't understand what the demand-supply graph suppose to illustrate. Help.
Wednesday, April 16, 2008 at 10:37pm

Economics
Claculate REAL GDP GROSS DOMESTIC PRODUCT for each year (2005=100) Year p q p q 2005 $1 100 $2 50 2006 $2 150 $3 100
Wednesday, April 16, 2008 at 5:08pm

Economics
In what ways can the Federal Reserve preserve a strong dollar in the U.S. when there is a decline in sales?
Wednesday, April 16, 2008 at 4:31pm

Economics
How would the demand-supply curve look if Japan sells dollars for yen?
Wednesday, April 16, 2008 at 4:27pm

economics
How do the drop in sales such as a new homes effect the value of the U.S. dollar relative to other currencies?
Tuesday, April 15, 2008 at 9:47pm

economics
what is the equation for finding the GDP for a year? Is it GDP=N/R or GDP=N/R *100?
Tuesday, April 15, 2008 at 9:40pm

economics
Calculate REAL GDP for each year (2005=100). Yr. Price of/Qty. Price of/Qty. socks produced hats produced 2005 $1 100 $2 50 2006 $2 150 $3 100 2007 $3 200 $4 150
Tuesday, April 15, 2008 at 4:40pm

economics
trade-offs are alternatives that people give up when they choose one course of action over another. Who makes trade-offs? Why do decisions involve trade-offs?
Tuesday, April 15, 2008 at 4:19pm

Economics
Advertising is an important aspect of the business world. a. which business environment is it especially important and explain why? b. does advertising increase or decrease the cost and therefore the price of the product to the consumer? Provide one argument
Tuesday, April 15, 2008 at 11:08am

economics
IF I have a perfectly elastic supply (horizontal), and the unit price of cigarettes goes up by increasing cigarette tax from 8 cents to $1.50, I know the quantity demanded goes down, but what happens in the long term (specifically in regards to tax revenues of the city?)
Sunday, April 13, 2008 at 9:20pm

Economics
Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%. Use this number to determine the % change in the price of this loan if interest rates increase to 14%.
Saturday, April 12, 2008 at 12:54am

economics
The domestic economy's consumption possibilities curve can be greater than the domestic economy's production possibilities curve. Why is this true?
Friday, April 11, 2008 at 4:27am

Economics
I am trying to calculate the reduction in consumer surplus and producer surplus caused by the tax in this graph. The price with the tax is $12. The buyers pay $16. Sellers receive $8. The quantity has decreased from 25 to 15. The answers provided for the reduction of consumer ...
Thursday, April 10, 2008 at 4:25am

Economics-Tax Question
I know the answer to the following question is either (c) regressive tax augement or (d) the ability-to-pay principal. I am not sure which one? "A $1,000.00 tax paid by a poor person may be a larger sacrifise than a $10,000 tax paid by a wealthy person" is an ...
Tuesday, April 8, 2008 at 1:25pm

economics
How do market failure play a part in which a publicly funded health care system performs better than a privately funded system?
Monday, April 7, 2008 at 6:33pm

Economics
why with international trade, the domestic economy's consumption possibilities curve can be greater than the domestic economy's production pssibilities curve.
Monday, April 7, 2008 at 6:27pm

Economics
A tax imposed on a market with an inelastic demand and an elastic supply with cause: A)sellers to pay the majority of the tax B)buyers to pay the majority of the tax C)the tax burden to be equally devided between buyers and sellers D)the tax burden to be divided, but it cannot...
Monday, April 7, 2008 at 9:48am

Economics
A tax imposed on a maket with an inelastic demand and an elastic supply will cause: a)sellers to pay the majority of the tax b)buyers to pay the majority of the tax c)the tax burden to be w
Monday, April 7, 2008 at 9:45am

Critical Thinking
Hello, Im new here and im having problems with my homework. I need to do these two things for different sources and i find it next to IMPOSSIBLE to find these... Identify and name any rhetorical devices used by the author. If none exist, explain how you determined this. ...
Monday, April 7, 2008 at 9:31am

Economics-Repost of Question
I am not getting any of the answers that are provided for this question: Price $16--------|---....| $14........|----...| $12-----TAX|-----..| $10........|----...| $8...
Sunday, April 6, 2008 at 4:10pm

Economics
I am not getting any of the answers for the consumer surplus that are provided for this question: Price $18--------|---``| $14````````|----`| $12-----TAX|-----| $10````````|----`| $8---------|---``| ```````````|`````| ```````````|`````| ```````````|`````| ```````````15`20`25...
Sunday, April 6, 2008 at 3:47pm

Economics
What economic policy should be adopted by regions with persistent economic problems? Why is macroeconomic policy NOT the solution?
Saturday, April 5, 2008 at 4:18pm

Economics
Consider the production function Q = 20K 1/2 L 1/2. The firm operates in the short run with 100 units of capital. a. The firm’s short-run production function is Q = __________. c. The average product of labor function is AP = __________. d. The marginal product of labor ...
Saturday, April 5, 2008 at 9:35am

Math
4 accounting majors, 2 economics majors, and 3 marketing majors have interviewed for 5 different positions with a large company. Find the number of different ways that 5 of these could be hired. The 4 accounting majors muust be hired first, and then the final position would be...
Wednesday, April 2, 2008 at 3:25pm

economics
I am to find the "characteristics" of the the strengths and weaknesses of the Consumer Price Index. What does the question mean by Characteristics? I am not sure what this means?
Friday, March 28, 2008 at 7:59pm

managerial economics
You have a friend who is always getting into trouble by taking unwise risks. What advice would you give this person? What advice would you give someone you believe to be excessively wary of risk? Also, assume you are an investor in the stock market. What would be your position...
Wednesday, March 26, 2008 at 6:23pm

Economics
Discuss the relationship between the level of Gross Domestic Product (GDP) and economic well-being. What factors of well-being are missing from the GDP? Is there a point where the GDP could increase to such a high level that economic well-being could be compromised? If so, ...
Tuesday, March 25, 2008 at 2:31pm

economics
hey i have a few questions i have no idea how to do them and the test is tuesday if price index in 2002is 120 and price index in 2003 is 110, then the rate of inflation is what? if GDP goes up what will happen?
Sunday, March 23, 2008 at 9:43am

Math(Easy Survey Please Help)
I need 75 of these surveys filled out to do a regression analysis for Economics. Just answer the 10 easy questions for me please. 1. Do you exercise or work out on a regular basis? 2. Are you male or female? 3. Do you smoke? 4. How many carbonated soft drinks do you consume in...
Saturday, March 22, 2008 at 3:53pm

economics
Given the following exports of merchandise 107 exports of services 34 net unilateral transfers 7 statistical discrepancy 0 official settlements balance 22 imports of services 22 capital inflow 6 imports of merchandise 119 capital outflow 29 Calculate the balance on merchandise...
Thursday, March 20, 2008 at 7:13pm

Economics
Isabella buys a $1,000 bond that matures in 10 years (that is, she lends $1,000 to the U.S. Treasury for 10 years). The bond pays her $50 every year for 10 years. When the bond matures at year 10, she will receive her $1,000 back as well as her last interest payment of $50....
Wednesday, March 19, 2008 at 9:07pm

Economics
Leakages from the income-expenditures stream are: A. consumption, saving, and transfers. B. saving, taxes, and transfers. C.saving, taxes, and imports. D. imports, taxes, and transfers.
Tuesday, March 18, 2008 at 10:52pm

managerial economics
Suppose the two rival office supply companies Office Depot and Staples both adapt price-matching policies. If consumers can find lower advertised prices on any items they sell, then Office Depot and Staples guarantee they will match the lower prices. Explain why this pricing ...
Tuesday, March 18, 2008 at 8:40pm

managerial economics
In the 2000 U.S. presidential contest, Al Gore was advised by his strategists to wait for George W. bush to announce his vice-president running mate before making his own decision on a running mate. Under what circumstances would Gore be better off giving Bush a head start on ...
Tuesday, March 18, 2008 at 8:39pm

Economics
My assignment is to research how wage inequality is measured and if it is present in your chosen industry. My chosen industry is Coal Mining. My question to you is if you know any sources that might be of help besides Wikipedia? My instructor does not like wikipedia.
Tuesday, March 18, 2008 at 6:32pm

economics
The U.S.-dollar-per-euro exchange rate was 0.8703 on Monday and 0.8807 on Tuesday. Did the euro depreciate or appreciate relative to the dollar? How much in percent did it appreciate or depreciate?
Monday, March 17, 2008 at 1:08am

economics
is a large current account surplus ever a negative situation for a country?
Sunday, March 16, 2008 at 6:59pm

Economics
Question: What is the non-price factor affecting the following problem? Market: Hospital Event: Substantially higher wages are paid to hospital employees with no increase in their productivity The Non-Price Factors: 1. Technology 2. Production Costs 3. Taxation 4. Weather 5. ...
Sunday, March 16, 2008 at 5:11pm

managerial economics
When McDonald's Corp. reduced the price of its Big Mac by 75% if customers also purchased french fries and a soft drink, The Wall Street Journal reported that the company was hoping the novel promotion would revive its US sales growth. It didn't. Within two weeks sales...
Friday, March 14, 2008 at 8:24pm

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