Homework Help for Economics

In atleast 2 paragraphs with 7 sentences each. What is meant by "gentlemen's agreement and what market model does it apply to? Is advertising important in this market model identified? why or why not? Why would there be a possibility of not wanting any overt or covert collusion.

Briefly explain whether each of the following statements describes a change in supply or a change in the quantity supplied:

A. To take advantage of high prices for snow shovels during a snowy winter, alexander shovels, inc., decides to increase output.

B. The success of the Apple iPad leads more firms to begin producing tablet computers.

C. In the six months, following the Japanese earthquake and tsunami in 2011, production of automobiles in Japan declined by 20 percent.

Assume a world consisting of the UK and South Africa. The currency of the UK is the Pound Sterling and the currency of South Africa is the South African Rand. Both countries adhere to the Gold Standard. South Africa is a gold-producing country. Explain what happens with the price level in the UK and in South Africa and the gold reserves of the central bank of the UK and the gold reserves of the central bank of South Africa, if due to technical advances in the mining sector output in the gold industry increases sharply.

QUESTION 8

All the Nash equilibrium points of the following game are : [mark all that apply]

Problem 3: The following events occur in the market for good B, which is a normal good:

a) Good B becomes more fashionable and popular.

b) The price of good C, a substitute for good B, goes down.

c) Consumers anticipate declining prices.

d) There is a surge in the population that uses good B.

e) Income falls for a large subset of consumers who buy good B.

Identify the impact of the event to the equilibrium price and quantity of each event.

PLEASE DRAW a supporting diagram to help you work through the logic,

During a five-year period, the ticket sales for the football team have increased 45% whereas the average ticket prices have increased by 70%. Do these changes imply an upward-sloping demand curve? Explain.

2. Since Summer 2007 when the current great recession started, the Fed has lowered the discount rate from 6.25 percent to 0.75 percent. During the same period, the Fed also lowered the federal funds rate target to 0.15 percent from a high of 5.30 percent. Following the week of August 15, 2011, when the stock markets around the world declined significantly, the Fed announced that it will keep interest rates at low level until 2014. Indeed, as of August 23, 2013, the discount rate is still 0.75 percent, while the targeted federal funds rate is between 0.0 and 0.25 percent. Mr. Bernanke also added that his policy will calm markets as it removes uncertainties about monetary policy in order to maintain

Compare and Contrast the interdependence of the global economic community with the interdependence of Christian community and the Trinity. Use the reference 1 Corinthians 12 as a reference to help you answer the question. https://www.biblegateway.com/passage/?search=1+Corinthians+12

Please help! It is hard for me to give a detailed answer!

If you could, how would you alter the way that GDP is defined and measured in the US? Make one recommendation. Explain what the current practice is, how you would change it, and why your proposed change would be an improvement.

1.Holding everything else constant, if Government spending increases:

The coupon on a bond is:

Do macroeconomic issues concern the well-being of the typical individual member of an economy?

1,a. Assume a country is in a fixed exchange rate regime such as China. Explain what factors might cause individuals to expect that a country will revalue its currency. Explain the various actions that policy makers can choose in response to this expected revaluation.

b. Assume a country is in a fixed exchange rate regime. Now suppose that individuals expect that policy makers will devalue its currency. Explain the various actions that policy makers can choose in response to this expected devaluation.

c. Suppose the economy is operating below the natural level of output. Discuss the arguments for and against using devaluation in such a situation.

d. Suppose the economy is initially operating above the natural level of output. In a fixed exchange rate regime, explain how the economy will adjust to this situation.

The Phillips and Potter physician practice partnership owes $500,000 in debt and also has $500,000 in partner’s equity. The partnership’s capital structure, or debt-equity relationship, is therefore:

A. 1-to-1.

B. 50-50.

C. 100%.

D. 40-60.

If unemployment rises by 2 percentage points, what will likely happen to output in the United States relative to its growth trend? (Use Okun

Municipal bonds, or munis,

Select one:

a. are usually a safe investment.

b. pay higher interest rates than most bonds.

c. are often risky investments.

d. are not usually tax-exempt.

Question 17

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The Efficient Market Hypothesis argues that

Select one:

a. stocks are generally overpriced.

b. every investment has some risk.

c. stocks are usually priced about right.

d. all investments are the same.

Question 18

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The par value of a bond is

Select one:

a. a rating of the quality of a bond.

b. the total amount borrowed.

c. the stated interest on the debt.

d. its purchase price.

Question 19

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Which of the following is true regarding the trade offs associated with money?

Select one:

a. If we invest money, those same funds will not immediately be available for spending.

b. Because of scarcity, all of these are correct.

c. Because of scarcity, if we spend a certain amount of money, that same money will not be available to invest.

d. Investors have made the decision to put off spending now in hopes that they money they invested will create more money.

Question 20

Question text

Which of the following statements is true?

Select one:

a. All of these are correct.

b. There are trade-offs invovled in using credit cards.

c. By using a credit card, you may be able to immediately get a good or service that you cannot pay for with cash, but, because of the interest, you will end up paying more than the "price tag" amount.

d. Credit cards often have a "spending limit".