Economics

1. What is allocative efficiency? A.It refers to a situation in which resources

1. What is allocative efficiency? A.It refers to a situation in which resources are allocated such the last unit of output produced provides a marginal benefit to consumers equal …

1. What is amortization? Describe other types of loan arrangements. If you could

1. What is amortization? Describe other types of loan arrangements. If you could afford to pay cash for a home, is it worth it to take a mortgage out anyway? If no, why not. If ye…

1. What is amortization? Describe other types of loan arrangements. If you could

1. What is amortization? Describe other types of loan arrangements. If you could afford to pay cash for a home, is it worth it to take a mortgage out anyway? If no, why not. If ye…

1. What is e-waste? What is so dangerous about e-waste? 2. What sorts of materia

1. What is e-waste? What is so dangerous about e-waste? 2. What sorts of materials might be harvested from e-waste recycling? 3. Many well-meaning individuals thought that recycli…

1. What is foreign exchange and why U.S. companies need them? Discuss in detail

1. What is foreign exchange and why U.S. companies need them? Discuss in detail and show your examples.e your e 2. Discuss the following aspects in detail and illustrate your exam…

1. What is necessary for a country to gain from trade in neoclassical theory? Ho

1. What is necessary for a country to gain from trade in neoclassical theory? How does one know if a country has gained from trade? 2. What is meant by the trade triangle? Why mus…

1. What is opportunity cost and what does it mean? 2. What are the eight guidepo

1. What is opportunity cost and what does it mean? 2. What are the eight guideposts to economic thinking and how to incentives fit into thinking like an economist? 3. What role do…

1. What is our preferred measure for cross-country welfare comparisons? a) The u

1. What is our preferred measure for cross-country welfare comparisons? a) The unemployment rate. b) PPP GDP per capita. c) The capital-output ratio. d) Inflation rates. 2. We per…

1. What is public health and what is its history? What do the concepts of histor

1. What is public health and what is its history? What do the concepts of historical, current, and emerging health concerns mean as part of public health? 2.What do morbidity and …

1. What is the Coase Theorem? Explain the relevance of each of the following con

1. What is the Coase Theorem? Explain the relevance of each of the following conditions for the applicability of the theorem? a. Well-defined property rights b. Low costs of negot…

1. What is the MAIN reason why several major banks collapsed in 2008? Select one

1. What is the MAIN reason why several major banks collapsed in 2008? Select one: a. Banks invested too much money in stocks and bonds, which declined sharply in 2008 b. Banks too…

1. What is the \"price\" commonly called in the labor market? what is the \"pric

1. What is the "price" commonly called in the labor market? what is the "price" commonly called in the financial capital market? 2. Are households demanders or suppliers in the go…

1. What is the auditor\'s responsibility when there is a substantial going conce

1. What is the auditor's responsibility when there is a substantial going concern issue?       a. Determining the adequacy of disclosure about the going concern issue       b. Iss…

1. What is the competition like in the luxury goods industry? What competitive f

1.   What is the competition like in the luxury goods industry? What competitive forces seem to have the greatest effect on industry attractiveness? What are the competitive weapo…

1. What is the consumer price index (CPI)? How is it measured? What are the pros

1. What is the consumer price index (CPI)? How is it measured? What are the pros and cons of using the CPI as a measure of the cost of living? Use examples in your response. 2. Su…

1. What is the difference between a movement along and shift of the demand curve

1. What is the difference between a movement along and shift of the demand curve? Let us consider the demand for DVDs. What will cause a movement along the demand curve for DVDs a…

1. What is the difference between a union shop and a closed shop? a.Closed shops

1. What is the difference between a union shop and a closed shop? a.Closed shops are firms where “right-to-work” laws have been passed. In a union shop, antidiscrimination laws ar…

1. What is the difference between an IPO and SEO? 2. Suppose you short sell 100

1. What is the difference between an IPO and SEO? 2. Suppose you short sell 100 shares of stock X, which now sells for $200/share. What is your maximum possible loss? What happens…

1. What is the difference between e-business and e-commerce? A. E-commerce is a

1. What is the difference between e-business and e-commerce? A. E-commerce is a different name for e-business B. E-commerce is a subset of e-business C. E-business is a subset of …

1. What is the difference between gross domestic product (GDP) and gross nationa

1. What is the difference between gross domestic product (GDP) and gross national product (GNP)? What is the difference in what GDP measures compared to GNP? 2. Based on the table…

1. What is the difference between gross domestic product (GDP) and gross nationa

1. What is the difference between gross domestic product (GDP) and gross national product (GNP)? What is the difference in what GDP measures compared to GNP? 2. Based on the table…

1. What is the difference between same-side exchange benefits and cross-side exc

1. What is the difference between same-side exchange benefits and cross-side exchange benefits? 2. What is the difference between a one-sided market and a two-sided market? 3. Giv…

1. What is the difference between self-interest and selfishness? Why is this dis

1.      What is the difference between self-interest and selfishness? Why is this distinction important when considering the competitive market economy as appropriate for a societ…

1. What is the difference between the law of one price and purchasing power pari

1. What is the difference between the law of one price and purchasing power parity? 2. “A weak U.S. dollar leads to a higher volume of U.S. imports.” Is this statement TRUE or FAL…

1. What is the difference between the study of microeconomics and the study of m

1. What is the difference between the study of microeconomics and the study of macroeconomics? Provide two examples of each form of economics analysis. 2. Evaluate the following s…

1. What is the difference between the study of microeconomics and the study of m

1. What is the difference between the study of microeconomics and the study of macroeconomics? Provide two examples of each form of economics analysis. 2. Evaluate the following s…

1. What is the economic meaning of the expression that \"there is no such thing

1. What is the economic meaning of the expression that "there is no such thing as a free lunch"? A. It refers to "free-riders," who do not pay for the cost of a product, but who r…

1. What is the effect of a strong or weak dollar for the rest of the world? 2. S

1. What is the effect of a strong or weak dollar for the rest of the world? 2. Some countries, many being developing countries, peg their currency to the US dollar. What effect do…

1. What is the equation of exchange? What are the variables, which are in it, an

1. What is the equation of exchange? What are the variables, which are in it, and how do they relate to each other? 2. You have the assignment of making a recommendation to the Ch…

1. What is the equilibrium interest rate in Moola? % 2. What is the level of inv

1. What is the equilibrium interest rate in Moola?  % 2. What is the level of investment at the equilibrium interest rate? $ 3. There is a recessionary output gapinflationary outp…

1. What is the eventual effect on real GDP if the government increases its purch

1. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000? Assume the marginal propensity to consume (MPC) is 0.75 You …

1. What is the externality associated with an individual driving on a congested

1. What is the externality associated with an individual driving on a congested highway? how do tolls help alleviate this externality? how should tools be set? (Hindt: would you a…

1. What is the idea behind the income-contingent loan financing scheme? a. Tuiti

1. What is the idea behind the income-contingent loan financing scheme? a. Tuition should be lowered for all students in order to improve access to higher education and reduce stu…

1. What is the idea behind the income-contingent loan financing scheme? a. Tuiti

1. What is the idea behind the income-contingent loan financing scheme? a. Tuition should be lowered for all students in order to improve access to higher education and reduce stu…

1. What is the likely effect on equilibrium price and quantity if orange growers

1. What is the likely effect on equilibrium price and quantity if orange growers experience an extended period of bad weather? Which curve(s) is (are) affected by bad weather (sup…

1. What is the market equilibrium price and quantity? (A) p = 9, q = 10 (B) p =

1. What is the market equilibrium price and quantity? (A) p = 9, q = 10 (B) p = 9, q = 6 (C) p = 17, q = 10 (D) p = 13, q = 6 2. What is the deadweight loss from the externality? …

1. What is the minimum-cost life (aka ESL)? Answer A. The period of time at whic

1. What is the minimum-cost life (aka ESL)? Answer A. The period of time at which the salvage value is maximized B. The period of time at which the incoming receipts due to the as…

1. What is the most important factor that must exist for forming effective tradi

1. What is the most important factor that must exist for forming effective trading relationships? A) Trust B) Access to financial resources C) Knowledge of travel requirements to …

1. What is the name of the economic technique that we use to compare the costs o

1. What is the name of the economic technique that we use to compare the costs of a project to the benefits of a project? cost-benefit analysis benefit comparison analysis discoun…

1. What is the natural rate of unemployment? ___________________ 2. If the infla

1. What is the natural rate of unemployment? ___________________ 2. If the inflation rate is 5% but the public expects inflation of 0%, what is the unemployment rate? ____________…

1. What is the partfolio nisk of holding 11 positions with identi cal volatility

1. What is the partfolio nisk of holding 11 positions with identi cal volatility (any arbitrary volatility) wath one position being 50% ofthe portfolio and the remaining 10 being …

1. What is the purpose of setting the first derivative equal to zero in the opti

1. What is the purpose of setting the first derivative equal to zero in the optimization process? 2. Suppose you are optimizing a function with the highest power of 3, describe ho…

1. What is the relationship between a monopolist\'s demand curve and the market

1.       What is the relationship between a monopolist's demand curve and the market demand curve? What is the relationship between a monopolist's demand curve and the marginal re…

1. What is the relationship between wage and budget line? 2. Suppose the governm

1. What is the relationship between wage and budget line? 2. Suppose the government decides to offer more generous benefits to working mothers. During an interview a potential emp…

1. What is the relationship shown on the circular flow among income, total expen

1. What is the relationship shown on the circular flow among income, total expenditure, and GDP? 2. “The amount of the new stocks and bonds issued in a year adds to the country’s …

1. What is the reserve requirement? A. 25% B. 5% C. 10% D. 40% 2. Suppose the fe

1. What is the reserve requirement? A. 25% B. 5% C. 10% D. 40% 2. Suppose the federal reserve buys $10 million of bonds from a bond dealer, who immediately deposits the funds in h…

1. What is the significance of resource pricing? Explain how the factors determi

1. What is the significance of resource pricing? Explain how the factors determining resource demand differ from those determining product demand. Explain the meaning and signific…

1. What is the term for a banking environment in which banks and other financial

1. What is the term for a banking environment in which banks and other financial institutions offer a full range of financial services without substantial restrictions to do so? a…

1. What is the trademinusoff that consumers face when buying the product of a mo

1. What is the trademinusoff that consumers face when buying the product of a monopolistically competitive firm? A. Consumers pay higher prices but the products are produced by hi…

1. What is the value of M1 if the following is true? Coin and Currency: $80 mill

1. What is the value of M1 if the following is true? Coin and Currency: $80 million Demand Deposits: $190 million Savings Deposits: $400 million Traveler's Checks: $10 million Tim…