Agreement and disagreement among economists
Suppose that Alex, an economist from a consulting firm, and Becky, another economist from a graduate program in the Northeast, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over government ballous. The following dialogue represents a portion of the transcript of their discussions
Becky:
Thanks to recent financial crises, the concept of ballouts is a hot topic for debate among everyone these days.
Alex:
Indeed, it’s gotten crazy! A government ballout of severely distressed financial flors is unnecessary bectuse free markets will properly price assets.
Becky:
I don’t know about that. Without a ballout of severely distressed financial firms, the economy will experience a deap recession.
The disagreement between these economists is most likely due to
Despite their deflerences, with which propostion are two economists chosen at random most lievy to agree?
Rent cellings reduce the questity and quality of available housing.
Category: Economics
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(Answered) Agreement and disagreement among economistsSuppose that Alex, an economist from a consulting firm,…
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(Answered) Questien 23 of 24StackednetsSutomit Armwer 1767/mAl TuterxyQuestionsNow◻◻Δuestion.anninge:on…
Supply and Demand – Demand and Supply for Higher Fducation: A Focus on Institution Types
In 2000 , enrollment at private for-prodit institutions represented approximately 3% of toeal enrollment at postsecondary institutions. In 2000, enrollment at private for-profit institutions jumped to approximately 5% of total enrollment.
Coesider what factors might explain why private for-profit institutioes have seen higher enrollment growth rates over the past two decades than other categories of postsecondary institutions.
A possible explanation is that
increased demand for education at public institutions has made such institutions unaffordable.
they offer subsidies to students who are in-state residents.
more students are seeking postsecondary degrees at all types of institutions for higher learning.
they lend to target working and nontraditional students who are seeking more job-specific degrees.
ENG103074$320日2: -
(Answered) What are the three basic functions of money? Describe how high rates of inflation can impactmoney’s…
What are the three basic functions of money? Describe how high rates of inflation can impactmoney’s ability to perform each of the three functions. (3 points)
2. Comparing money to a barter system, why do you think a barter system may seem inefficient,while money. (3 points)
3. Select a country of your interest and find its most recent data on either M1 or M2 (moneyaggregates you studied in this module; the quantity of money circulating in the economy), aspercentage of GDP. (2 points)
Response Post Prompt4. Read the posts of your peers and respond to at least 1 other learner’s response to one of thequestions above. Your response is expected to be substantive in nature and focus on the topicscovered. In your response, do at least one of the following: (2 points)
* Ask a probing question.
* Offer a suggestion.
* Elaborate on a particular point.
* Provide an alternative perspective.
* Challenge herhis position.
Your responses should be substantive and be 3-5 sentences in length. -
(Answered) 1 – 8. (2 points each; 16 points total) These questions ask you to consider different factors which…
1 – 8. (2 points each; 16 points total) These questions ask you to consider different factors which might influence the value of the U.S. dollar vs. the Euro. Assume that both the U.S. and “Eurozone” countries (e.g., the group of EU countries that use the Euro) are 1) both “large countries” in foreign currency markets and thus can influence each others’ currency values, and 2) both have market‐determined currency values. Each of the changes below will result in either an appreciation or depreciation of the U.S. dollar versus the Euro. Indicate, with (a) = appreciation, or (b) = depreciation, what happens to the U.S. dollar’s value relative to the Euro as a result. (Note: in each case, assume that other determinants and the values of other currencies are unchanged).
a = Appreciation of US$ vs. Euro (€)
b = Depreciation of US$ vs. Euro (€)
Question: Eurozone countries impose severe new import restrictions as part of their pursuit of more protectionist trade policies.
Group of answer choices
(a)
(b) -
(Answered) HCM 320 Milestone One Template Use this template to compile important information and resources for…
HCM 320 Milestone One Template
Use this template to compile important information and resources for your final project presentation.
1. Public Health Issue Topic:
Identify the public health issue you will use as a basis for your final project presentation. Briefly describe why you choose this topic.
2. Economic Forces:
Briefly describe some economic forces related to your public health issue.
Macroeconomic Forces:
Microeconomic Forces:
3. Key Regulation Policy:
Determine economic policies or regulations that currently apply to your public health issue.
4. Benefits and Consequences:
Identify the perceived benefits and consequences resulting from the legislation supporting your public health issue.
5. Economic Impact of Regulation or Policy:
Describe the economic impact resulting from the legislation supporting your public health issue.
6. References:
Provide links or citations for three scholarly resources that you will use to support your ideas regarding your public health issue.
1.
2.
3. -
(Answered) Question 40The implied loss of national sovereignty to the European Central Bank (ECB) underlies…
Question 40
The implied loss of national sovereignty to the European Central Bank (ECB) underlies the decision by Great Brita Denmark, and Sweden to stay out of the eurozone for now.
True / False
True
False
A political benefit of economic integration is that it
allows countries to specialize in the production of goods and services that they can produce most efficiently.
enables participants to achieve gains from the free flow of trade.
enables participants to achieve gains from the free flow of investment.
reduces the potential for violent conflict and allows the participants to enhance their political weight in the world. -
(Answered) Consider the following scenario when answering the next two questions:Imagine a television same…
Consider the following scenario when answering the next two questions:Imagine a television same show where one lucky contestant is presented with four upside-down buckets numbered 1,2,3, and 4 . Under one of the buckets is $10,000. Under each of the other three buckets is $20. After the game ends, the contestant will receive the amount of money under his or her bucket.
The host of the game show asks the contestant to choose one of the four buckets. After the contestant makes a choice, the host lifts up two of the remaining three buckets to reveal $20 under each of them. At this point, only two buckets remain uncovered: the bucket the contestant originally chose and the bucket that was not uncovered by the host.
The host subsequently asks the contestant if he or she would like to keep the original bucket or change buckets to the only other remaining bucket.
If the contestant changes buckets from the original bucket to the other remaining bucket, what is the expected value of the game?
$4,650
$3,760
$7,505
$2515
$1.725 -
(Answered) Your business provides DVDs for free to customers who pay for the English courses that you offer in…
Your business provides DVDs for free to customers who pay for the English courses that you offer in Togo. You consider the idea of mass production of the DVDs in Namibia so that you can sell (export) them to distributors or to retail stores throughout Togo. You would price the DVDs in Namibian dollars when exporting them. The DVDs are not as effective without the teaching but can be useful to individuals who want to learn the basics of the English language.
a. If you pursue this idea, explain how the following factors that affect international trade flows could affect the Togolese demand for your DVDs.[3 Marks each]
i. Inflation
ii. National income
iii. Credit conditions
iv. Government policy
v. Exchange rate
b. Which of these factors would likely have the largest impact on the Togolese demand for your DVDs?[1 Mark]
Examine the following theories that explain why MNCs are motivated to expand their business internationally[9 marks]
i. The theory of comparative advantage
ii. Imperfect markets theory
iii. Product cycle theory -
(Answered) If 4 million Barbie dolls are sold,MB equals MC , which means that:The production of Barbie dolls…
➤ How do we interpret “MB equals MC at 4 million” for efficiency?
If MB equals MC at 4 million, that indicates production is allocatively efficient at that quantity under standard assumptions. Still check for external costs or benefits, market power, or binding constraints that can shift social marginal values. If none apply, 4 million is the optimal output for maximizing net social benefit in this simple framework. -
(Answered) Four students are deciding whether or not to contribute to their group project (it is a zero/one…
Four students are deciding whether or not to contribute to their group project (it is a zero/one decision, either they contribute or they do not, there are no other options). For each student, the cost of contributing to the project is 5 utils. But for each student who contributes, all four of them will benefit from an increase in their training and the appreciation by their teacher of the work, so they will each gain 3 utils. Read the following statements and select the correct one(s).
Question 12Answera.
a.If a student is selfish, but others are altruistic, she has a dominant strategy to contribute.
b.If all students are altruistic, each has a dominant strategy to contribute.
c.If a student is selfish, but others have a possibility to punish non-contributors after the project is done (say by not talking to her any more), then she may choose to contribute.
d.If all students are completely selfish the dominant strategy equilibrium is that all of the students contribute since they each receive a private benefit to contributing.