Economics Answers

Social services are a priority in the economy of which of the following countries?

In 1944, finance specialists and bankers from around the world met to discuss what the post-WWII monetary system would be. Given the instability of the pre-war period, the goal was to create a new system. The outcome of this was the Bretton Woods system, which had the U.S. dollar as the world reserve currency linked to gold at $35 an ounce. All other currencies were tied to the dollar with limits on how much they could appreciate or depreciate. The system lasted until the 1970s, when the United States decided to move away from gold convertibility. The modern system is based on supply and demand for currency and a managed float. Discuss the following in your main post:

The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why?

•People usually think a "strong" dollar is good. Is this true for U.S. businesses, and does it help or hurt the U.S. balance of payments?

Here is the daily demand schedule and supply schedule of a cup of small latte in a local coffee shop:
Price ($) Demanded quantity (#) Supplied quantity (#)
6 0 1000
5 200 800
4 400 600
3 600 400
2 800 200
1: 1000 0
Give the coefficients in the equations for demand and supply: Qd = a+ bp and Qs = alpha a + alpha bp (the p is not alpha only a and b) find a, b, alpha a, alpha b

Using the AE/Y model, show how the AD Curve is derived using output of $1.5T, $2T, and $2.5T, and a Price Level of 90, 100, and 110.

Assume that the MPC is .8, calculate the effects of an increase in G of $30B on output, consumption and savings.

Explain how increases in C, I, or G, or decreases in T cause output to increase by more than the initial increase in AE ?

That is the difference between privatization and marketization? Please help me ;)

calculate disposable personal income given the following data for hypothetical country

Apart from the existence of a wage floor, is there any other way to explain the relative absence of undercutting behaviour in the labour market?

Assess the argument that marketisation in the public sector has increased inequality and failed to address the problem of efficiency. I need to discuss this statement.