User Account

All Pages

How consumer demand would change

Assignment Help Microeconomics
Reference no: EM131901218

Choose one of the scenarios below and write a three-paragraph essay describing its effect on prices for food, housing, and oil. Remember that the future is always uncertain, so there's no right answer. Make your best guess as to what might happen in each case based on the economic concepts you've learned so far.

Pay particular attention to how consumer demand would change and how the event would affect production costs and the business cycle.

a. The president signs a free-trade agreement between the United States and Brazil.

b. The Federal Reserve chairman says that the central bank will raise interest rates.

c. The Environmental Protection Agency relaxes environmental rules on timber production.

Verified Expert

This assignment is based on the impact of changes in the interest rate by central bank on the borrowing cost, currency value, stock market, mortgage interest payments, inflation, and the government debt.

Reference no: EM131901218

Questions Cloud

What elements of the presentation could be improved for work : What elements of the presentation could be improved for future work? Is the material presented in a clear and concise manner?
Create paper that demonstrates evidence of critical thinking : Research the chosen topic and create a well-balanced 3- page submission that demonstrates evidence of critical thinking.
Disaster management and emergency preparedness : Public health professionals must be involved in numerous planning activities that are related to emergency public health responses.
How the original artist or work influenced your adaptation : Creative Adaptation Project Guidelines - In about 50-100 words, explain how the original artist or work influenced your adaptation
How consumer demand would change : how consumer demand would change and how the event would affect production costs and the business cycle - free-trade agreement between the United States
Why a third party candidate has never been successful : Identify one (1) member of Congress who has been charged with ethics violations in the past 2 years (include the date).
What is the length of the sides of the? squares : The area of the resulting base is 2204 cm^2. What is the length of the sides of the? squares?
What is the length of the sides of the? squares : The area of the resulting base is 1984 cm^2. What is the length of the sides of the? squares?
What would be the pros and cons of this proposed change : What do you think is the most likely or serious threat or hazard confronting the Food & Agriculture sector?

Reviews

inf1901218

4/23/2018 5:42:48 AM

The price is too expensive for a 3-day delivery. Please advise if you can either lower the price or the duration. If there is plagiarism I will return the order. How does raising interest rates to affect the prices for FOOD, HOUSING, and Oil??? How will consumer demand change based on the rise in interest rates? How will increase interest rates affect production costs? How will increase interest rates affect the business cycle? Thank you for revising it the part about housing food and oil was covered.

Write a Review

Microeconomics Questions & Answers

  What rate of return would the residents receive on pipeline

Residents of a town take turns driving a water truck to a fire hydrant in a nearby town. They fill the truck with water and then haul it to a storage tank. Last year truck fuel and maintenance cost $3180.

  Define allocation of antibiotics across the uses

Antibiotics are often given to people with colds (even though they are not useful for that purpose), but they are also used to treat life-threatening infections

  Result of the sticky price theory

Explain why the AD curve has the slope you calculated as a result of the "wealth effect" and explain why the AS curve has the slope you calculated as a result of the "sticky price theory".

  Value of money and tax credits of the interest payments

Assume that you are 10 years into a 30 year home loan at 6.0%. You owe $150,000 left on your home at this time. You can refinance your loan at 3.5% for 20 years; however the closing costs will be around $4,500.

  Assume you are a u.s. citizen and currently you can exchange

Assume you are a U.S. citizen and currently you can exchange $180 (USD) for 125 GBP (British Pounds). What is the indirect quote relating the USD to the GBP?

  Find the equilibrium values of the real interest rate

Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 10 -500r. Real money demand is Md/P = Y - 2000i. Other variables are πe = 0.05, G = 200, =  1000, and M = 2100.

  Exchange rate to make the conversion

Japanese GDP in 2010 was 480 trillion yen while U.S. GDP was $14.5 trillion. The exchange rate in 2010 was 87.8 yen per dollar. Japan had higher prices than the United States: the price level in Japan (converted to dollars) divided by the price level..

  Will fields with both oil and gas have greater difficulties

Some fields have large enough quantities of both oil and natural gas that coordination must be achieved for the production of both, rather than oil alone.

  What is future worth of the savings through the end of year

Linear actuators coupled to servo motors are expected to save a pneumatic valve manufacturer $19,000 per quarter through improved materials handling. If the savings begin now, what is the future worth of the savings through the end of year 3 if th..

  High rates of unemployment

Briefly explain why the high rates of unemployment in a nation is of concern to economists

  How much of the above contract will bob purchase

What does it mean to say that an insurance contract is actuarially fair? Is the above contract actuarially fair - How much of the above contract will Bob purchase (i.e. what is the optimal level of t from his perspective)?

  The equation for supply can be expressed as p 115q find

suppose the equation for demand can be expressed as p 120 -.65q p price of a good and q is the quantity of the good

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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