Economic activity on both a domestic and global scale

Assignment Help Business Economics
Reference no: EM131112472

How do government policies and/or regulations factor into changes in economic activity on both a domestic and global scale? •Give a specific example of a policy or regulation that has helped economic activity. •Give a specific example of a policy or regulation that has hindered economic activity. •If you were an economist who was tasked with evaluating this policy or regulation, what are some ideas you would suggest for changing it in a way that would achieve the same goal but not hinder economic activity? •Finally, state whether or not you enjoy these types of evaluations and if you would consider these types of responsibilities in a future career.

Reference no: EM131112472

Questions Cloud

Social welfare when de beers acts as perfect competitor : The total cost (TCZ) of the De Beers Company (a monopolist) is given by TCZ = 100 + 50QZ + 0.5Q2Z where QZ is the number of diamonds produced and put on the market by the De Beers Company. What is social welfare when De Beers acts as a perfect compet..
Doing readers a favor by abolishing copyright law : Under U.S. copyright law, authors have the exclusive right to their writings during their lifetimes – unless they sell this right, as most authors do to their publishers – and their heirs retain this exclusive right for 70 years after their death. Di..
Calculate the economic production quantity : An aircraft manufacturer uses 1,000,000 special rivets per year at a uniform rate. The rivets are made on a single-spindle automatic screw machine at the rate of 3,000 per hour. Calculate the economic production quantity and the allow-able variation ..
Change in the saving rate and therefore the growth rate : Assume that a country is growing at 5% per year. Now the saving rate decreases leadingto a new lower growth rate of 3.3% per year. How will the change in standard of living over time be impacted by this change in the saving rate and therefore the gro..
Economic activity on both a domestic and global scale : How do government policies and/or regulations factor into changes in economic activity on both a domestic and global scale? Give a specific example of a policy or regulation that has helped economic activity.
What happens to capital per worker and output per worker : What happens to capital per worker and output per worker if machines begin depreciating at a faster rate than they once did? Use a graph to help you discuss your answer. Describe what will happen to growth in the short-run and the long-run
Governing demand to each firm as function of two prices : Consider the horizontal quality model on the unit interval from 0 to 1. There are N consumers located uniformly along the interval. There are two firms, with zero marginal costs, initially located at 0 and 1. If the firms sell to the whole market, de..
Suppose that the market demand for monopolist good : Suppose that the market demand for a monopolist's good is given by the following demand function: P=150 - Q. In addition, suppose that the firm's total cost function is TC = 50 +20Q. Finally suppose that the firm utilized a uniform pricing rule. What..
Chocolate is the rest of the economy : The price of beer rose by 6%, the price of pizza rose by 2.7% and the price of chocolate did not rise at all. Also, suppose that beer preresents 8 percent of the economy and pizza represent 31 percent. Chocolate is the rest of the economy. What was t..

Reviews

Write a Review

Business Economics Questions & Answers

  What happens in the market for loanable funds

Be sure to clearly indicate what happens in the market for loanable funds, to net capital outflow, and in the market for currency exchange.

  To increase the money supply-the federal reserve

Suppose that the required reserve ratio is 10% and banks have no excess reserves. The total demand deposit in the system is $100,000. Now the monetary authorities lower the required reserve ratio to 5%. Which of the following will likely follow? Expa..

  What is average revenue function for monopolist in market

The market demand curve for a monopolist is given by Q=20-0.5P. What is the average revenue function for a monopolist in the market? What is the marginal revenue function that corresponds to this demand curve?

  Elucidate what do these numbers imply for the decision

sales in joint facilities are lower than sales in two separate facilities. Elucidate what do these numbers imply for the decision of when to open a shared facility versus two separate facilities.

  Assume that exchange rates are floating

Describe how, if at all, each of the following developments affects income, the exchange rate, and net exports in an open economy with floating exchange rates: Suppose the government wishes to lower the exchange rate, ε, but not to change real output..

  How would you go about measuring return

How would you go about measuring return, how would you decide if it is good enough to warrant investment and in what sense is education capital.

  Monopolistically competitive firm producing good

Can a monopolistically competitive firm producing a good with lots of very close substitutes earn large positive profits in the long run? Please explain.

  Compute various indicators of the state of labour market

Compute various indicators of the state of the labour market using the following information. Please show all of your working. If you do not, you will receive zero marks for the question(s).

  Find the function giving the value of the account

An account earning 8% interest, compounded annually, is opened, and a deposit of $1000 is made into the account. Find the function giving the value of the account A in terms of the number of years the account has been open, t.

  Kinds of job require the same level of skills

Farm workers in Oaks Farmville face a 1/198 probability of death at work and each of them receives a yearly wage of $61,000. Farm workers in Valley Farm face a 1/54 of death at work. Assume that both kinds of job require the same level of skills, eff..

  Determine the incremental rate of return

A fleet manager must choose between two trucks to purchase for a company's fleet. The company will keep either truck for 4 years. Truck A costs $29,000 and has a market value of $16,000 after 4 years. Truck B costs $33,000 and has a market value of $..

  An industry comprising a small number of firms each of which

An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called

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