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23 Jun
2020

Transcribed Image Text from this QuestionSuppose that the half-life of deviations from PPP is five years (it takes five years for the difference between the actual and equilibrium real exchange rate to narrow by half) and the nontraded share of consumption is 0.50. What will be the annual rate of change of the real exchange … Suppose That The Half-life Of Deviations From PPP Is Five Years (it Takes Five Read More »

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Transcribed Image Text from this QuestionSuppose that the half-life of deviations from PPP is five years (it takes five years for the difference between the actual and equilibrium real exchange rate to narrow by half) and the nontraded share of consumption is 0.50. What will be the annual rate of change of the real exchange rate if a country initially has a 20% gap between its actual and equilibrium real exchange rates and its GDP is growing 5% faster than GDP in the rest of the world? a) 22% Ob) 70% C) 2.0% d) 4.5%
5 9 Price Or Cost (dollam 1 Points 2 220 25 32 38 43
Transcribed Image Text from this Question5 9 Price or Cost (dollam 1 points 2 220 25 32 38 43 48 Quantity Print Refer to the figure. If price is $4, the profit-maximizing rate of output for this perfectly competitive firm is Multiple Choice o 32 units < Prev 59 60
8 60 6 Price Or Cost (dollam 4 1 Points 2 000 25 32
Transcribed Image Text from this Question8 60 6 Price or Cost (dollam 4 1 points 2 000 25 32 38 43 48 Quantity Refer to the figure. If price is $4, this perfectly competitive firm is Multiple Choice in long-run equilibrium caring an economic los memuingen com an economic profit
Uned – Notepad File Edit Format View Help Investment In Human Capital Select One:
Transcribed Image Text from this QuestionUned – Notepad File Edit Format View Help Investment in human capital Select one: a. is quite different from and has a much lower return than investment in physical capital. b. is like investment in physical capital and has a return similar to those on other investments. c. is like investment in physical capital but has a much greater return than do other investments. d. is not comparable to other investments in any way since human capital is embodied in the person. Economic discrimination occurs if minority workers Select one: a. are paid less than white wale workers. b. have less training, skills, experience, and education than white males. c. are not employed in the same occupations as white males. d. have the same capabilities as white male workers but are paid less. Inclusion of workers’ claims on private and public pension plans as in the wealth of Canadians would Select one: a. not make a difference in the overall measures of the wealth distribution b. indicate that households at the lower end of the income range have higher incomes than Statistics Canada figures show. <. indicate that the middle class owns considerably greater wealth than Statistics Canada figures indicate. d. indicate that the rich are even richer than Statistics Canada figures show. Some economists criticize the Lorenz curve because it Select one: a. includes too many things in measuring income, such as food stamps, housing aid, and other government programs. b. does not account for income in kind, including “free health care and education c. measures unreported income earned in the underground economy. d. uses after-tax income when pre-tax income is more appropriate. Type here to search BA
3. Gains From Trade Consider Two Neighboring Island Countries Called Bellissima And Euphoria. They
Economics Assignment Writing ServiceTranscribed Image Text from this Question3. Gains from trade Consider two neighboring Island countries called Bellissima and Euphoria. They each have 4 million labor hours available per week that they can use to produce jeans, rye, or a combination of both. The following table shows the amount of jeans or rye that can be produced using 1 hour of labor. Country Bellissima Jeans (Pairs per hour of labor) 8 Rye (Bushels per hour of labor) 16 Euphoria 5 20 Initially, suppose Bellissima uses 1 million hours of labor per week to produce Jeans and million hours per week to produce rye, while Euphoria uses 3 million hours of labor per week to produce Jeans and 1 million hours per week to produce rye. Consequently, Bellissima produces 8 million pairs of Jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Bellissima’s opportunity cost of producing 1 pair of jeans is of rye, and Euphoria’s opportunity cost of producing 1 pair of jeans is of rye. Therefore, has a comparative advantage in the production of jeans, and has a comparative advantage in the production of rye. Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces jeans will produce million pairs per week, and the country that produces rye will produce million bushels per week. Initially, suppose Bellissima uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce rye, while Euphoria uses 3 million hours of labor per week to produce jeans and 1 million hours per week to produce rye. Consequently, Bellissima produces 8 million pairs of jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces Bellissima’s opportunity cost of producing 1 pair of jeans is of rye. Therefore, advantage in the production of rye. has a of rye, and Euphoria’s opportunity cost of producing 1 pair of jeans is pdvantage in the production of jeans, and has a comparative 1/2 bushel Suppose that each country completely specializes in the pre this case, the country that produces jeans will produce million bushels per week. 1/4 bushel good in which it has a comparative advantage, producing only that good. In 2 bushels firs per week, and the country that produces rye will produce 4 bushels In the following table, enter each country’s production decision on the third row of the table (marked “Production”). Suppose the country that produces jeans trades 18 million pairs of jeans to the other country in exchange for 54 million bushels of rye. In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked Trade Action, and enter each country’s final consumption of each good on the line marked “Consumption.” When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of rye was 68 million bushels per week. Because of specialization, the total production of jeans has increased by million pairs per week, and the total production of rye has increased by million bushels per week. Initially, suppose Bellissima uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce rye, while Euphoria uses 3 million hours of labor per week to produce jeans and 1 million hours per week to produce rye. Consequently, Bellissima produces 8 million pairs of jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Bellissima’s opportunity cost of producing 1 pair of jeans is of rye, and Euphoria’s opportunity cost of producing 1 pair of jeans is of rye. Therefore, has a comparative advantage in the production of jeans, and has a comparative the production of rye. 1/2 bushel 1/4 bushel pach country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In country that produces jeans will produce million pairs per week, and the country that produces rye will produce 2 bushels In bushels per week 4 bushels In the following table, enter each country’s production decision on the third row of the table (marked “Production”). Suppose the country that produces jeans trades 18 million pairs of jeans to the other country in exchange for 54 million bushels of rye. In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked “Trade Action, and enter each country’s final consumption of each good on the Nne marked “Consumption.” When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of rye was 68 million bushels per week. Because of specialization, the total production of jeans has increased by million pairs per week, and the total production of rye has increased by million bushels per week. Initially, suppose Bellissima uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce rye, while Euphoria uses 3 million hours of labor per week to produce jeans and 1 milion hours per week to produce rye. Consequently, Bellissima produces 8 million pairs of jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Bellissima’s opportunity cost of producing 1 pair of jeans is of rye, and Euphoria’s opportunity cost of producing 1 pair of jeans is of rye. Therefore, has a comparative advantage in the production of jeans, and has a comparative advantage in the production of rye. Bellissima Suppose that each country complete Euphoria in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces Jeans will produce million pairs per week, and the country that produces rye will produce million bushels per week. In the following table, enter each country’s production decision on the third row of the table (marked “Production”). Suppose the country that produces jeans trades 18 million pairs of Jeans to the other country in exchange for 54 million bushels of rye. In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked Trade Action,” and enter each country’s final consumption of each good on the ine marked “Consumption.” When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of rye was 68 million bushels per week. Because of specialization, the total production of jeans has increased by million pairs per week, and the total production of rye has increased by million bushels per week. Initially, suppose Bellissima uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce rye, while Euphoria uses 3 million hours of labor per week to produce jeans and 1 million hours per week to produce rye. Consequently, Bellissima produces 8 million pairs of Jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces Bellissima’s opportunity cost of producing 1 pair of jeans is of rye, and Euphoria’s opportunity cost of producing a pair of Jeans is of rye. Therefore, has a comparative advantage in the production of jeans, and has a comparative advantage in the production of rye. Euphoria Suppose that each country completely specializes in the production of the good in which it has a comparative adva Bellissima ping only that good. In this case, the country that produces jeans will produce million pairs per week, and the country that produces rye will produce million bushels per week. In the following table, enter each country’s production decision on the third row of the table (marked “Production”). Suppose the country that produces jeans trades 18 million pairs of jeans to the other country in exchange for 54 million bushels of rye. In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked “Trade Action, and enter each country’s final consumption of each good on the line marked “Consumption.” When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of rye was 68 million bushels per week. Because of specialization, the total production of jeans has increased by million pairs per week, and the total production of rye has increased by million bushels per week. o Search Problem Set 14: International Trade Absolute and Comparative Advantage, Chapter 3 busneis per week. Because of specialization, the total production or Jeans nas increased by rye has increased by million bushels per week million pairs per week, and the total production or Because the two countries produce more jeans and more rye under specialization, each country is able to gain from trade Calculate the gains from trade-that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in consumption”). Bellissima Jeans Rye (Millions of pairs) (Millions of bushels) Euphoria Jeans Rye (Millions of pairs) (Millions of bushels) Without Trade Production 48 15 20 48 15 20 Consumption With Trade Production Tradê action Consumption Gains from Trade Increase in Consumption Grade It Now Save
A. If In This Industry, Expansion Results In Increasing Demand For The Many
a. If in this industry, expansion results in increasing demand for the many workers with specialized skills, including cross-company recruitment and bidding up of workers’ wages, this must be: A decreasing cost industry a constant cost industry an increasing cost industry b. If firms had been able to hire new workers without increasing wages industry-wide during expansion, the market could have expanded _________ than if wages increased. More Less c. If firms had been able to hire new workers without increasing wages industry-wide during expansion, the price of tool and die products would have been ________________ than if wages increased. higher lower d. What would the long run supply curve look like if expansion did not increase wages (or any other input prices)? upwardly sloping flat (horizontal) downward sloping e. What would the long run supply curve look like if expansion did not increase wages (or any other input prices)? upwardly sloping flat (horizontal) downward sloping
Synopsis Allen Block Was Responsible For The Technical Implementation Of The New Customer Relationship
Transcribed Image Text from this QuestionSynopsis Allen Block was responsible for the technical implementation of the new customer relationship management (CRM) software being installed for westem and eastern sales offices in Los Angeles and Chicago. The software was badly needed to improve follow-up sales for his company, Exert Systems Exert sold exercise equipment to high schools and colleges, as well as to small and midsize businesses for recreation centers, through a national force of 310 salespeople. The company’s low prices won a lot of sales; however, follow-up service was uneven and the new CRM system promised to resolve those problems with historical data, inquiries, reminders, and updates going to sales reps daily. The CEO of Exert ordered the CRM system installed with all possible haste. Block currently had four members in the team working on this project. Two in Los Angeles and two in Chicago. On his way to Chicago from Los Angeles, Block kept on thinking what was wrong with his team. The guys in LA seemed to be focusing tirelessly on work, alternating work with joking around. His team members in Chicago appeared to be alternating between bickering and avoiding one another. Block kept receiving persistent complaints about his team members’ productivity from his boss Zequine Mansell. A11 through his flight, Block kept on thinking about the reasons for this low productivity and lack of passion among his team members. Block also started fearing if this would ruin his dreams of replacing his boss Mansell, after her retirement Case questions and answers
1. If The Government Said A Price Ceiling At $12, Would There Be A
1. If the government said a price ceiling at $12, would there be a shortage or surplus? if so, how large would be the shortage/surplus? 2. if the government set a price for at $12, would there be a shortage or surplus? If so, how large would be the shortage/surplus? 3. suppose the government imposes a tax of six dollars per unit in this market. How many goods will be bought and sold after the tax is imposed? 4. After the tax of 6$ per unit is imposed, what is the price at the seller is will receive? 5. after the tax of 6$ per unit is imposed what is the price at the buyers will pay? 6. if the government imposes a tax of 6$ per unit who has the greater burden of tax: sellers buyers or will the tax burden be shared equally? Show transcribed image text
I NEED AN ANSWER WHICH SUITS FOR ONLY ONE PERSON. PLEASE DO NOT SHARE THIS QUESTION ON YOUR PAGE.THANK A LOT
Transcribed Image Text from this Question• Q2 Consider the CPI basket in Covid-19 pandemic period. Approximately last three months, individuals’ consumption behaviours have dramatically changed around the world. What is your opinion about the relevance of CPI for Covid-19 pandemic period? Is it still pertinent measure for cost of living? Why? What do you think about the CPI inflation rates that are announced by the countries in this period? What is your suggestion? Elaborate your answer within no more than 10-12 lines.

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