Economics Answers

Based on your knowledge of the flexible accelerator model of investment, suppose you have information on initial capital stock in year 2009 to be Ȼ10,000, and that desired capital stock is Ȼ80,000. If the factor by which firms plan to close the gap between desired capital stock and actual capital stock is 0.15, how many years will take for the firms to meet the desired capital stock?

If prices (measured in CPI) tripled and nominal wages triple, what would happen to real wages

What are the factors of measuring economic performance

Based on your knowledge of the flexible accelerator model of investment, suppose you have information on initial capital stock in year 2009 to be Ȼ10,000, and that desired capital stock is Ȼ80,000. If the factor by which firms plan to close the gap between desired capital stock and actual capital stock is 0.15, how many years will take for the firms to meet the desired capital stock?

Accurately graph the tariff of $10 along with the quantities produced and purchased on the diagram you
constructed above.
i. With the $10 tariff on snowboards, what is the consumer surplus, producer surplus, government revenue, and
deadweight loss for the market of snowboards?

(b) A firm in a perfect competitive market structure faces a marginal cost function given
by
MC(Q) = 4Q + 5
where Q represents quantity of output produced. This firm earns marginal revenue of
Rs 25 on each unit sale of its output. Suppose this firm decides to produce 3 units of
output, is this a profit maximising decision by the firm? If not, how much should this
firm produce to earn maximum profits? In the long-run will this firm earn negative
economic profits, positive economic profits, or zero economic profits?

Explore the following arguments from both supporting and opposing perspectives ( I don’t expect you to copy from the slides), in your own words, in favor of restricting international trading: a. Infant Industry Argument b. Anti-Dumping Argument

Suppose the US government imposes a tariff on Asus graphics cards that are imported into the US. Explain the impacts (different groups of the economy will be affected) using diagrams.

Explain how Savings, Investment & Education can aid an economy in promoting economic growth. Discuss all the aspects that are relevant to the three mentioned parameters, if a government wants to pursue policies to promote these said parameters.

Explain in details three (3) tools that a government can utilize while deploying expansionary/contractionary Monetary Policy.