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Supply, demand and equilibrium price essay help websites
a) Clearly explain the distinction between supply, demand and equilibrium price.
b) State and briefly explain any four main factors that may cause a fall in the supply of a good in the
market.
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Changing current labor market to future labor market summary and response essay help: summary and response essay helpChanging current labor market to future labor market in the South Korea
government is trying to extend labor market for reducing un-employees and improve labor market. Also, the government increased minimum wages for making energy in the market. People think, the South Korea market will improve by the government. However, there are many problems in the current labor market. Market divides into two main markets which are service market and manufacturing business market. The South Korea have problems which are fixed recognition about service market and reducing productivity because of excessive labor. These make market to depress, so people try to find a method for ways of current market problems. I think, future labor market will cover the current labor market. For example, improvement the labor bill for labor, deregulation of the service market, and increasing global competitiveness. Furthermore, the government will present direction to the people in the labor market with regulations. Summing up, changing the South Korea labor market changed a lot than the past, but still have many problems. Therefore, I mentioned that the conclusion is about alternative measure of current labor market.
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The problem of late industrialization popular mba argumentative essay helpResponse Paper#3
What is the problem of late industrialization? What lessons can be drawn from East Asia’s postwar experience (particularly South Korea) about the roles of the market and the state in economic development? Does East Asian experience vindicate neoliberal development strategies?
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Latest quarterly estimate of nominal GDP personal essay help: personal essay helpChapter 1
1. Go to www.bea.gov to find the latest quarterly report on GDP to answer these questions:
a. What is the latest quarterly estimate of nominal GDP? Of real GDP? Explain why nominal and real differ.
b. What was the rate of economic growth in the most recent quarter (compared to the previous quarter, compared to year ago)?
c. Using nominal and real GDP data, show how you can calculate the rate of inflation in the most recent quarter.
2. Using the most recent quarterly GDP data from bea.gov, find Nominal GDP (Y), Consumption (C), Gross Investment (I), Government spending (G), and Net Exports (NX).
a. Find C/Y, I/Y, G/Y and NX/Y. Compare these percentages to those in Table 1.1. Which ones have risen? Which ones have declined? Which ones are about the same?
Chapter 2
1. Do at least 6 of the questions from the textbook at the end of chapter 2.
2. In the great recession of 2008-09, US output fell about$ 0.9 trillion below full employment output.
a. The government spending multiplier has been estimated to be 2. What change in government spending would restore full employment?
b. If the simple multiplier is 2, how large is the implied MPC?
c. In fact, the MPC is probably closer to 0.8 even though the multiplier is 2 (not 5). How can we explain this?
1. Over the business cycle, real GDP tends to increase during the expansion and decrease during the con- traction. Can you name some other macro variables that fluctuate over the business cycle like GDP does? Can you name some macro variables that do not fluctuate like GDP?
2. In the long run, real GDP tends to grow over time. Can you name some other macro variables that also tend to grow over time? Can you name some macro variables that do not grow over time?
3. What is meant by the term stock variable? Give at least 3 examples of economic stocks. What is meant by the term flow variable? Give at least 3 examples of economic flows. Explain how stocks and flows are related to each other, and give at least one specific example.
4. How would it be possible for GDP to exceed GNP this year, and then for GNP to exceed GDP next year? 5. What are two basic methods or approaches for counting GDP? Why they should get the same answer? 6. How does a macroeconomist define “investment”? When you buy stocks or bonds, people often say you
5. What are two basic methods or approaches for counting GDP? Why they should get the same answer?
6. How does a macroeconomist define “investment”? When you buy stocks or bonds, people often say you
made an investment. Would a macroeconomist agree? If not, what are you doing when you buy stocks and bonds?
Chapter 3
1. One friend tells you the IS curve represents (Y, r) points where current production balances with current spending.
A second friend tells you the IS curve represents (Y, r) points where total saving balances with total investment.
Which friend of yours is right? Explain why.
2. Show how to derive the IS curve (that is, show where it comes from) using all underlying graphs.
3. Show how to derive the LM curve using all underlying graphs.
4. Using any and all relevant graphs, explain what happens to the LM curve when the money supply is reduced.
5. Using any and all relevant graphs, explain what happens to the IS curve when there is a tax increase.
6. Given the following information, find the economy’s IS curve and graph it.
C = 150 + .75(Y – T) I = 200 – 40r G = T = 200
10. Given the following information, find the economy’s LM curve and graph it.
Ms = 130 and Md = 100 + .1Y – 10r 11.
11. Using the information in questions 5 and 10, find the economy’s equilibrium output and interest rate.
Chapter 4
2. Using IS – LM curves, show graphically what will happen to output (Y) and interest rates (r) if:
a. FED increases money supply and Congress cuts spending.
b. Both government spending and the money supply increase.
c. The FED cuts the money supply and taxes are increased.
8. Verify that equilibrium output will be 800 (Y = 800) and the interest rate 5 percent (r = 5).
9. Suppose government spending increases by 65 (from 200 to 265) financed by running a budget deficit. What will happen to output and the interest rate?
10. Suppose the government raises taxes by 65. What happens to output and the interest rate? 11. Supposegovernmentspendingincreasesby65financedbyataxincreaseof65.Whathappenstooutput
and the interest rate?
12. Suppose the money supply increases by 65 (from 130 to 195). What happens to output and the interest rate?
13. Suppose government spending increases by 65 and this is financed by an equal increase in the money supply. What happens to output and the interest rate?
Chapter 5
1. Suppose investment is not very sensitive to interest rates. Would you rather use fiscal or monetary policy to stimulate an economy that is in a recession. Explain in pictures and words.
2. Suppose that money demand is extremely sensitive to interest rates. Would you use fiscal or monetary policy to stimulate an increase in GDP? Explain in words and pictures.
3. What is meant by quantitative easing? When would the FED use it? Explain what it is meant to do and how it would work.
4. What does the LM curve look like in the liquidity trap? How effective is monetary policy? Fiscal policy?
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Money and Monetary Policy and Inflation cheap mba definition essay help: cheap mba definition essay help
DUE 5 HOURS
1-2 PARAGRAPH
.“Money and Monetary Policy and Inflation” Please respond to the following:
Hyperinflation in Germany 1923 https://www.youtube.com/watch?v=WI1i5yhwOz8
Zimbabwe Hyperinflation in current modern era
WOW!!!!! look at this video!! https://www.youtube.com/watch?v=MPKGZreusoQ
https://www.youtube.com/watch?v=MPKGZreusoQ
https://www.youtube.com/watch?v=uGELzZRzRaw and https://www.youtube.com/watch?v=78-BlZXm7wA
Why governments inflate– https://www.youtube.com/watch?v=E6A_WpUY2LI
Controversies on Federal Reserve System- Monetary Policy https://www.youtube.com/watch?v=Ed0lfNi0ciw
Class, let me addVenezuelawas experiencing hyperinflation..the government is printing money like crazy. Then they compound it with price controls which of course makes the product scarce. Look at the awful effects. Check out this video! https://www.youtube.com/watch?v=tfkSm1-hVIM
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Describes a Credit Default Swap college essay help onlineFind a link that describes a “Credit Default Swap” and briefly summarize your understanding of it. Here are a few links that I found helpful:
http://www.businessweek.com/articles/2014-01-30/credit-default-swap-market-shrinks-by-half
http://content.time.com/time/business/article/0,8599,1723152,00.html
http://www.youtube.com/watch?v=jHVnEBw93EA
Find a link that describes a “Collateral Debt Obligation” and briefly summarize your understanding of it. Here are a few links that I found helpful:
http://useconomy.about.com/od/glossary/g/CDOs.htm
http://lexicon.ft.com/Term?term=Collateralised-debt-obligation-CD
http://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/CDO-tutorial/v/collateralized-debt-obligation–cdo
Find a link that describes the results of the Great Recession and briefly summarize your understanding of it. Here are a few links that I found helpful:
http://education-portal.com/academy/lesson/what-was-the-great-recession-timeline-facts-causes-effects.html#lesson
https://webspace.princeton.edu/users/pkrugman/gr0203.pdf
http://www.csmonitor.com/Business/2013/0908/Timeline-on-the-Great-Recession
Develop a summary paragraph which includes credit default swaps, collateralized debt obligations, and consequences of the Great Recession. Include some policy tools that were used to try and deal with these circumstances.
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Equal distribution of wealth discussion get essay help: get essay helpWealth distribution has to be as equitable as possible to embrace regional balance in the country. Equal distribution of wealth starts with ensuring equal opportunities politically, socially and economically to all people in the society regardless of their socioeconomic status, gender, or disabilities among other discriminative factors. In this regard, the even distribution of wealth also ensures equal growth and development of a country because of the uniform improvement of the citizens’ living standards across the nation. Irrespective of all these advantages, there are still many gaps in the distribution of opportunities; hence, affluence in America and across the world at large.
There are various ways of determining the wealth of people. Nonetheless, in the US, the main method focuses on the wages or salaries and the total possessions of the people (Domhoff, 2005). In this respect, many factors affect salaries and wages, as well as personal properties of the people, which in turn, affect the distribution of wealth of the citizens in the nation. Meanwhile, salaries and wages (incomes) are among the major factors that influence wealth distribution of people across the world.
Peoples’ income influences wealth distribution because it dictates the property’s acquisition potential of individuals. Citizens with high incomes can purchase expensive things and as much as they want; hence, they are rich, as opposed to the low earning people. In most societies, the rich reside in high standard states and towns with slams and other low standard residences left for the poor (Domhoff, 2005). It is in this regard that the high standard residences are growing and developing with improved services and goods at the expense of the rest of the region. If we have to develop the other regions as well, we will have to better the incomes of their residents through better economic opportunities. The wealth of people within a country can change depending on the changes occurring in the levels of their income regardless of where they are living (Domhoff, 2005).
Government policies also dictate wealth and its distribution. Good examples are the money-related policies. The US government, for example, controls the supply of cash to guarantee its currency value strength (Krugman, 2014). Effective policies encourage a country’s financial development and security and lower the joblessness not in some parts of the country but all of them. Furthermore, when a nation is able to keep the value of its currency high and strong, it presents an equal platform for all of its citizens—men and women, old and young and other groups— to earn well and raise their living standard so that they are all capable of accumulating wealth.
Age is another factor that affects wealth distribution in the US. There is a huge gap in terms of wealth between the young adults and the elderly. Stats show that the vast of the riches in the US belongs to the retired citizens with the number soaring significantly from the 1980 era. As such, today, individuals beyond 65 years hold the most—around 66% —of aggregate family unit riches in the US (Krugman, 2014). The fact that the majority of these people are retired implies that their wealth resulted from their good wages or salaries. Looking at the situation of the young adults today, on the other hand, more than 50% are jobless and therefore, it is apparent they are poor. Based on this, the present society should offer the youths opportunities today to earn and acquire riches. Otherwise, in the future, our economy is going to collapse because of the unequal distribution of wealth between the young and the old, for instance, for reasons that: Comment by Joseph Conlin: You are ignoring investments in capital. Comment by Joseph Conlin: Comment by Joseph Conlin: You need a source for this as I wrote in your first draft. Comment by Joseph Conlin: Do not use going to for future tense. …economy will collapse because. .. Comment by Joseph Conlin: You are not dealing with the information available. The old in the top 20% have far more money than the young who have not had time to accumulate their wealth.
1) Because the richest people now are the poor but because they are old retired, they will rely on their riches—their reserves, which will eventually reduce and get finished by the time they die and, Comment by Joseph Conlin: delete Comment by Joseph Conlin: AS I wrote previously. You have nothing to support this claim. This is true for the middle class. Not for the top 1%. They have billions of dollars.
2) Since the youths are jobless now, they will not be able to accumulate any wealth, which would even serve them during their old ages as the current elderlies. Comment by Joseph Conlin: This does not make sense as written.
Economic markets, as well, influence wealth distribution. Our society comprises of majorly farmers and business people. Farmers have life’s essential products like food but lack money. Business people, on the other hand, have money but lack food and other commodities. In whichever way, there is an uneven distribution of resources; hence, wealth, as an equal distribution means that all of these people have the life’s essential products and cash. Economic markets steps in at this point. Economic markets are places or situations that bring farmers and traders together to exchange their surpluses for what they do not have. In this respect, they help to strike a balance in the distribution of resources, and so wealth (Domhoff, 2005). Comment by Joseph Conlin: Comment by Joseph Conlin: Farmers are a very small minority of the business people and owrkers.
From this analysis, it is apparent that we are miles away from the equal distribution of wealth. The socioeconomic class division is one of the prime characteristics of our society today where slams and other low-status residences are associated with the poor and the high-class places with all sorts of improved and better-quality services with the rich (Domhoff, 2005). All these emanate from the uneven distribution of wealth. If all people were rich, there is a high probability that slams, and other low-status residences would not be in existence. The rationale is that everyone around the country would be in demand for high-quality goods and services. As such, with this kind of better living standards, no one would be struggling and the whole country would grow and develop. Comment by Joseph Conlin: As I wrote previously, if everyone is rich, then no one is rich. Rich is a comparative term. Comment by Joseph Conlin: Comment by Joseph Conlin: slums
Nonetheless, it is totally the opposite with the rich living in presumably a land full of “honey and milk” while the poor are struggling in the “deserts.” Among the many factors that emanate from this uneven distribution of wealth are crimes. What do you do when you are jobless and do not have a single sense, yet you have to pay bills and eat, and on the other side, there are people enjoying life with surplus food and cash? Some con, others steal and even robe. The gap also fuels corruption according to Krugman (2014). Money is very powerful. Because of it, many civil servants have bent the low in favor of the rich. In this regard, I argue suppose that the only best way of curbing the current socioeconomic problems is by striking the right balance between the rich and the poor, and that means ensuring an even distribution in wealth.
References
Domhoff, W. (2005). Wealth, Income, and Power. Who Rules America: Wealth, Income, and Power. Retrieved from www2.ucsc.edu/whorulesamerica/power/wealth.html.
Krugman, P. (2014). Why Were in a New Gilded Age: Capital in the 21st Century. The New York Review of Books. Retrieved from www.nybooks.com/articles/2014/05/08/thomas-piketty-new-gilded-age/.
You are still using too much defining and first/second person. You are making statements that require support and you do not provide it. Grade C. Final grade for the assignment: C
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Mobile computing and its business implications homework essay help
Research at least two articles on the topic of mobile computing and its business implications. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related? What information was relevant and why?
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