Categories
Economics

Please draw the graph before and after the policy change, mark areas for cs, ps, tax revenue, and dwl.

1. If the government impose a subsidy on buyers, how would the supply and demand curve change? Please draw the graph before and after the policy change, mark areas for CS, PS, tax revenue, and DWL. Would there be any difference if the government impose the subsidy on sellers? Draw the new graph before and after the policy change, mark areas for CS, PS, tax revenue, and DWL
2. In 2018, the Seattle City Council considered a head tax on the employees of very large firms (such as Amazon) operating in their jurisdiction. What was their stated reason for the tax?
3. The idea that individuals who earn more, or are wealthier, should pay more taxes is the definition of what kind of equity?
4. In the case of the luxury tax, consumer demand for yachts was __ (elastic/inelastic), and why?

Categories
Economics

It has been said that a dollar received today is worth more than a dollar received tomorrow.

Your niece just started her college career with a major in economics. She is curious as to the interrelationship between the success of an economy and the financial markets, concepts, and financial institutions. Accordingly, she has developed a list of questions addressing these issues and has asked that you explain the ideas.
What are the financial markets and what purposes do they serve?
What are financial intermediaries?
How do these intermediaries function in the economy?
What is a federal government budget deficit?
What is the national debt?
How does a budget deficit affect the economy?
She is also curious about the time value of money concepts.
Specifically, she has the following questions about these concepts:
Why are consumers considered to be risk averse?
What methods could be used to deal with risk?
It has been said that a dollar received today is worth more than a dollar received tomorrow.
What does this mean and what is the significance to the economy?
What is the difference between the present value of a future sum of money and the future value of a present sum of money?
What is the significance of these concepts to economics?
If you deposited $1,000 in an account paying 6% interest compounded annually, how long would it take to double?
Deliverables:
Prepare a 3-4 page Microsoft Word document that addresses the above-noted concerns and meets APA standards.
Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper.

Categories
Economics

Locate at least one article on an enduring issue that represents psychology or biology (your choice, have fun with it).

Locate at least one article on an enduring issue that represents psychology or biology (your choice, have fun with it).
Read the article using “Active Reading” strategies (highlighting and writing in the margins)
Submit a Reading Response form Download Reading Response form for the article that provides the citation, article summary, and identified quotes
For review on how to complete a Reading Response form:

Categories
Economics

Read you writing out load.

(35 pts) Using the data below that describes the quantity consumed for consumers A, B and C at different prices graph the market demand for this good. Given the data below, which consumer is achieving the highest level of utility, why? Are these consumers rational, why?
chart
price A. b. c
1. 6 10 16
2. 4. 8. 13
3. 2. 6. 10
4. 0. 4 7
5. 0. 2 4
(50 pts) Write an introduction paragraph for an essay to argue for or against rational choice as a sound approach to economic science. Your paragraph will lead with a strong thesis sentence. Your thesis needs to be followed by two sentences that support your position. A third descriptive sentence will critique a defense of the alternative perspective. Your final sentence should identify how your argument is connected or why this is important based on the examples in the P&R text or problems raised by Patel. You should not turn in a first publish. Read you writing out load. Proofread and make sure you are turning in polished work. Your essay needs to be typed. Make sure you take advantage of the editing tools provided by the software.
Your paragraph will be assessed based on evidence of reading, did you follow the directions, and comprehension of topic (rational choice/optimization).

Categories
Economics

Summary of article: one paragraph (several sentences)

Find a recent article (within the last six months) that discusses prices (inflation), employment/unemployment, or output (GDP/Real GDP).
BusinessWeek, The Economist, and The Wall Street Journal are good magazines to find articles. Do look closely at the date of the article so that is current. Each student submission needs to be a unique source article (cannot be an article that another student has posted which will be points deduction). Check other students’ posts before you post your article.
Use the format below to report and discuss your chosen article and then discuss/respond to TWO of your classmate’s articles.
Each reply to another students’ posts is 4 points each for a total of 8 points with the original post worth 12 points.
Write using standard English grammar and punctuation.
1. Summary of article: one paragraph (several sentences)
2. Analysis (1-2 sentences per bullet point)
Specify: What is the economic concept in the article?
Elaborate: How does this article illustrate the concept?
Personal: How does this relate to your own personal experience?
Application: How can you apply this concept?
3. Reference your article in APA format which can be found at Purdue OWL.

Categories
Economics

In your initial response to the topic you have to answer all questions:

Theories of Macroeconomic Development and Strategy.
Click on the links below and Read the articles. You can also use pdf. files with the articles posted in Content – Week 7 – Articles for Discussion week 7 area.
What Is Keynesian Economics?
https://www.imf.org/external/pubs/ft/fandd/2014/09/basics.htm
· What Is Monetarism?
https://www.imf.org/external/pubs/ft/fandd/2014/03/basics.htm
· Averting Financial Crises: Advice from Classical Economists Thomas M. Humphrey
https://www.richmondfed.org/publications/research/econ_focus/2014/q4/federal_reserve
In your initial response to the topic you have to answer all questions:
1. Should the government use monetary and fiscal policy to stabilize the economy, or should it adhere to policy rules and refrain from upsetting the economy? To answer this question please compare and contrast the view of Keynesian economics to Monetarist economists.
What would the Classicals have thought about the Fed’s handling of the financial crisis? Compare the Classicals’ view to Monetarist ‘view Fed’s handling of the financial crisis.
Reflection – the students also should include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

Categories
Economics

(4) how the government or businesses should react

In this individual essay, you are asked to perform analysis on a recent policy issue in international economics. Imagine working for the head of state of a country of your choice (or other relevant policymakers, e.g., head of the Department of Commerce in China). This policymaker requests to be briefed on a recent issue/policy in international economics. She/he wants to understand the following after reading your analysis:
(1) what the issue or policy is about
(2) the causes of the issue or the rationale of the policy
(3) the potential impact on aggregate economic outcomes or industry outcomes, as well as the implications for businesses
(4) how the government or businesses should react
Your assignment is to analyze the issue/policy in a “policy memo”, which the policy maker can refer to.
When writing the policy memo, assume that the policymaker is comfortable with straightforward economics. You should incorporate tools you learned in this course as much as possible. You can include tables or figures to make your analysis easier to understand.
The format of the memo:
Six to ten double-spaced pages (excluding references, graphs, and tables)
Times New Roman 12, one-inch margins
no cover page; indicate your and the recipient’s names and the memo topic at the top of page 1, see the example at the end of the guide
Include references, graphs, and tables at the end of the memo (not counted against page limit)
Reference style: Chicago Manual of Style – https://goo.gl/azHfye
The memo should be structured based on the four major questions I mentioned in the “overview” section above. Each part will be evaluated at a scale of 1-5 (1 is the worst and 5 is the best).
To obtain a good grade for the memo, make sure that:
The memo is written succinctly – if you can convey all your messages and analyses within eight pages, don’t add redundant information and extend it to the ninth page
All your arguments should be supported by evidence. Evidence can be references, data, other case studies or theoretical analysis
Writing should be clear. Typos and grammar mistakes are minuses. Clear structure within paragraphs and connections between paragraphs are pluses
More guidance on memo writing can be found online. For example, here: https://goo.gl/nVVxJV

Categories
Economics

*the quiz is only 1 attempt due to the fact i have taken it before*

This quiz is on Saddleback canvas so prior to taking it I will provide the link,username, and password.
*THE QUIZ IS ONLY 1 ATTEMPT DUE TO THE FACT I HAVE TAKEN IT BEFORE*
*I ANSWERED 6 WRONG SO I WILL ALSO PROVIDE THE PICTURS OF THE ONES I GOT RIGHT SO YOU WONT HAVE TO DO THEM*
Instructions
Please answer the following questions for Chapter 3. All questions can be answered from the lecture and PPT. You are given two chances to answer correctly. Your highest grade will be used. There is no time limit, meaning you can pause, save, and come back and finish at a later time.
Be sure to read the instructions for each part of the quiz carefully.
If any solutions are decimals, round to 2 decimal places. For example, 1.219 = 1.22.
Do not include $ in solutions. If solution is negative, include negative.
Do not include commas in your solutions, for example: 3,300 = 3300.
Do not copy and paste random answers from Google or other random sites. All answers can be found in the course material.

Categories
Economics

The same like the two last ones.

the same like the two last ones. Please make sure will feet all of in one page with 250 words.
thank you

Categories
Economics

Length must be 2 to 3 pages consisting of a minimum of 400 words and a maximum of 600 words in the body of the essay.

Instructions: In a 2 to 3 page short critical economic thinking essay of a minimum of 400 words and a maximum of 600 words (penalties applied if below the minimum or above the maximum based on how close to the minimum or maximum is involved), thoughtfully respond to the questions or directives below (do not include the questions/directives in your essay).
The Federal Reserve System directly affects Monetary Policy by using 3 specific tools: 1. Determination of Reserve Requirements; 2. Open Market Operations; and 3. Discounting Operation.
Briefly describe the Discounting Operation tool. Then, fully describe what constitutes an effective expansionary policy in the use of this tool, followed by a full description of what constitutes an effective contractionary policy in the use of this tool.
Briefly describe the Determination of the Reserve Requirements tool. Then, fully describe what constitutes an effective expansionary policy in the use of this tool, followed by a full description of what constitutes an effective contractionary policy in the use of this tool.
Briefly describe the Open Market Operations tool. Then, fully describe what constitutes an effective expansionary policy in the use of this tool, followed by a full description of what constitutes an effective contractionary policy in the use of this tool.
Specific
Paper Requirements:
Length must be 2 to 3 pages consisting of a minimum of 400 words and a maximum of 600 words in the body of the essay. The Title Page and References Page do not count in meeting the word requirement.
Must have a Title Page that includes:
Title of Paper
Student Name
Institution Name (use: Indiana Tech)
Date Submitted
Since the paper is very short, do not include an abstract, author’s note, etc., at the beginning of the paper.
The entire paper (includes the Title Page and References Page) must be written and formatted according to APA style. See the APA section under the Student Resources tab for access to the APA style manual and sample papers. The Purdue Owl Sample paper is the best one to use along with the manual to assist your formatting efforts.
In addition to the textbook, a minimum of 2 other scholarly resources must be used and properly cited per APA style in both the body of the paper and the References page.