How to restore participating and self-support

Assignment Help Business Management
Reference no: EM131205093

This final exam consists of four questions. Please answer them using APA format.

Two to three pages should be sufficient for each question.

1. In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hire disadvantaged people for "eligible jobs." Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps' plan an improvement over current government policies? Discuss.

2. The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how interest rates impact the availability of investment capital.

3. Your text, on page 629, lists three arguments for trade restrictions. Since economists do not favor trade restrictions, and this is a course in Managerial Economics, make the case as an economist against trade restrictions for these three items. Are there any arguments for trade restrictions that most economists would support? Discuss.

4. Who was responsible for the global financial crisis of 2007-2009? Free-Market capitalism, government intervention, or a combination of both? Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again. Remember, banks are profit making firms who supply capital to suppliers of goods and services.

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Reference no: EM131205093

Questions Cloud

How a supercritical flow changes to a subcritical flow : Explain the changes in flow depth when a supercritical flow flows over a smooth hump. Provide theoretical explanation to these changes using concepts of specific energy and total energy. Use the E-Y diagram to support your explanation.
Examples of different types of market failure : What are the main factors that cause market failure? Give examples of different types of market failure. What actions and policy measures can government take to correct market failure?
Determine the measures for the fiscal years ended : Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011). Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar.
Describe a lawsuit the issues involved in trial : Describe a lawsuit, the issues involved in the trial, and the verdict. Do you think public safety in terms of the safety of the public was improved? Why or why not?
How to restore participating and self-support : . In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hir..
Prepare statement of partnership liquidation : On November 1, 2016, the firm of Sails, Welch, and Greenberg decided to liquidate their partnership. The partners have capital balances of $58,200, $72,490, and $9,940, respectively. Prepare a statement of partnership liquidation, covering the period..
Difference between public goods and private goods : Explain the difference between public goods and private goods. Give example of each. Explain why governments need to provision public goods.
International monetary bank and the functions : Define the role of the International Monetary Bank and the functions of this entity.
Review the annual financial reports of slater and gordon : Review the annual financial reports of Slater and Gordon for the reporting years 2013, 2014 and 2015. Analyze how revenue was recognized in each of the reporting years, and explain why the firm's reported revenue dropped significantly in 2015

Reviews

Write a Review

 

Business Management Questions & Answers

  Presume you parking lot has two different consumers

Presume you parking lot has two different consumers who use it at two different times. Daily commuters use it during day time as well as sports fans use it at different times to park at sporting events

  Management has decided to add few new items

Management has decided to add few new items to the menu but first they want to know more about their customers and their preferences.

  Process of transforming raw materials into finished goods

Which type of control do managers typically use in the input stage of the process of transforming raw materials into finished goods?

  Ethical concerns or will it resolve some of the current ones

What will be the next big trend in television? Will that evolution create more ethical concerns or will it resolve some of the current ones?

  Explain what strategy would you propose

Explain What strategy would you propose to further eradicate organized crime and where should our efforts best be directed

  Draw the ppf for the united states

Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. The United States has 30 workers ..

  Go back to the opening vignette

What if Vans approached you to do a focus group interview that explored the idea of offering casual attire (off-board) aimed at their primary segment (skateboarders) and offering casual attire for male retirees?

  Demand of goods and supply in the economy

List down some of the factors that affect the demand of goods and supply in the economy.

  Explain how you family impacted by the free movement

Explain why or explain why not. Please comprise in your posting examples of Explain how you, your family, neighbours, friends and co-workers have been impacted by the free trade movement.

  Summary on the following reading about business ethics

Summary on the following reading about business ethics: In today's cutthroat, corporate world of downsizing, mega mergers, and hostile takeovers, business and ethics often seem at odds. Companies have always had to pay attention to the bottom line.

  Disuss the issu of privacy in the workplace

Your Ethics Paper will disuss the issu of Privacy in the Workplace. I want you to ook at this issue objectivey and critically. I expect you to take an enlihtened stand on this issueand defend your point-of-view. Be reminded, there is wrong perspec..

  Are the directors liable explain why

This caused Goodly to borrow to meet its obligations, resulting in a drop in its stock price. Are the directors liable? Explain why or explain why not?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd