Category: Economics

Hotels in Sri Lanka during and after the cOVIC 19 disaster and the post-COVID 19 disaster Field knowledge and skills management issues
Background
According to the Lonely Planet quote, Sri Lanka was set to become the number one tourist destination in the world in early 2019, setting the stage for a sudden revival in the entertainment and tourism industry. Even then, tourist arrivals to Sri Lanka were steadily rising, which gave rise to many hopes for stakeholders in the field as well as for every Sri Lankan.
Sri Lanka for Tourist Arrivals
The tourism industry has made many promising projections in the short and medium term.
April Easter Sunday Attack and Its Impact
The series of Easter Sunday attacks that took place in April again terrorized citizens as well as foreigners. The series of attacks not only caused distress but also created uncertainty and fear among the people regarding the movement. However, it soon became apparent that something like this could happen anywhere in the world, and gradually the

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.

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.

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.

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

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

Visa and Mastercard dominate the global payment processing industry, competing to attract cardholders and bank partnerships. Each company must decide whether to increase spending on credit card rewards programs (such as cashback and travel points) or maintain their current spending levels.• If neither company increases spending on rewards, each will earn a profit of $18 billion.• If both companies increase spending on rewards, each will earn a profit of $14 billion due to higher costs.• If one company increases rewards while the other does not, the company that offers better rewards will attract more customers and earn a profit of $21 billion, while the other company earns only $10 billion.(a) Construct a payoff matrix to represent this strategic decision.(b) If Visa and Mastercard could sign an enforceable contract, what would be the cooperative solution?(c) If they cannot make an enforceable agreement, what is the Nash equilibrium of this game? Explain why this outcome is likely.