Different relationships to the economy

Assignment Help Business Economics
Reference no: EM131001821

Discuss why you would not expect all industries to have a similar relationship to the economy. Give an example of two industries that have different relationships to the economy. Please discuss your findings and how the economy will affect them differently.

Reference no: EM131001821

Questions Cloud

Is china a neo-mercantilist country : Exports are largely responsible for China’s recent rapid economic growth. The country, capitalizing on its cheap labor force, has focused on converting raw materials into products that are exported to developed countries like the United States. Are t..
An example of a positive externality is : An example of a positive externality is
Dependence theory of international imperialism : The structuralist believes that the world functions within a system or structure that is tilted in favor of the rich and powerful, and which ultimately determines the winners and losers. The dependence theory of international imperialism is a structu..
Suppose that consumption depends on the interest rate : Suppose that consumption depends on the interest rate. How, if at all, does this alter the conclusions reached in chapter 3 of the textbook about the impact of an increase in government purchases on investment, consumption, national saving, and the i..
Different relationships to the economy : Discuss why you would not expect all industries to have a similar relationship to the economy. Give an example of two industries that have different relationships to the economy. Please discuss your findings and how the economy will affect them diffe..
Dollar increase in costs above the inflation rate cost : An article in the Chicago Tribune stated that in 2007, college costs rose faster than inflation and student aid. A report by the College Board found that average in-state tuition and fees at four-year public universities rose 6.6% to $6,185. What wou..
Effect of government regulation on monopolists production : Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. The effect of government regulation on a monopolist's production decisions.
Indifference curves for the utility levels : Graph the following indifference curves for the given utility levels: U (x,y)= min {3y,x} for U= 3, 6, 9, 12, and 15 (what kind of relationship exists between these good? Substitutes, complements?
Consumption of leisure in period : Consider a two-period economy with a single commodity (say leisure): x1 is the consumption of leisure in period 1, and x2 is the consumption of leisure in period 2. When Peter evaluates consumption streams, he cares only about the best time in his li..

Reviews

Write a Review

Business Economics Questions & Answers

  How does a government budget deficit affect the economy

How does a government budget deficit affect the economy? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods?

  Financial crisis-what is the unemployment rate

After the financial crisis that hits the country of Cinfuria in 2007, 8 million people become unemployed. If 25 million individuals are lucky to keep their jobs, what is the unemployment rate? Please specify your answer to two decimal places.

  Calculate the percentage rates of increase in real gdp

Calculate the percentage rates of increase in real GDP, consumption of durables, consumption of nondurables, and consumption of services, and plot these. What do you notice in these plots compared to the information in Figure 3.9 and 3.10.

  Efficiency wages

Efficiency wages are:

  Optimal number of machines for the company

Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company.

  Draw appropriate marginal income curve

Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.

  How much does the airport need to set aside now to pay

How much does the airport need to set aside now to pay for these costs, if the company can earn 10% per year, compounded every 4 months?

  Explain how would one determine the opportunity cost

President Bill Clinton assigned his wife the task of developing a national health insurance plan to increase the availability of medical care for the poor. Explain how would one determine the opportunity cost of the proposal.

  Elasticity of demand for its products

The Wilson Company's marketing manager has determined that the price elasticity of demand for its products equals.

  Suppose a monopolist producing-marginal revenue

Suppose a monopolist producing self-cleaning jackets can sell 20 jackets at $100, and 21 jackets at $98. The monopolist is unable to price discriminate, so in order to sell a total of 21 jackets, the price per jacket must be $98.

  Trade depends on the characteristics of the labor migrants

The impact of labor migration on patterns of international trade depends on the characteristics of the labor migrants. In which cases might migration expand trade? World income? In which cases might it reduce trade and world income?

  What is gdp

Why is a point below the production possibilities curve less efficient than a point on that curve?

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