Why did the classical economists fail to explain the Great Depression? What is the Keynesian explanation for the same? Answer it in about 250 words.
The Organisation of Petroleum Exporting Countries (OPEC) is an example of which
form of market structure? Discuss its characteristic features.
Lerato decided to start selling ginger beer on her street. The other kids in the neighbourhood noticed that Lerato was making a lot of money selling ginger beer. These kids decided to open their own ginger beer stands. When they opened their own ginger beer stands, the equilibrium price
Suppose that equilibrium price in this market were to remain at P2 while equilibrium quantity increases to Q4. Which of the following could account for such a change?
Continue to design your own portfolio strategy. This assignment will be put into your personal finance journal.
Context Links:
https://saylordotorg.github.io/text_personal-finance/s19-owning-stocks.html
https://saylordotorg.github.io/text_personal-finance/s20-owning-bonds.html
Extra Directions: Respond to this assignment with the mindset of a sixteen-year-old female in her sophomore year in high school.
Which oligopoly model(s) has the same results as a competitive model?
A firm's demand curve is P = 1 - 2Q. The firm has a current price of R1000 and it sells 100 units per day. What is the firm's price elasticity of demand?
Mr. A and Mr. B have the following respective demands
Pa= 25- 5X
Pb= 11- X
a. Graph them on separate graphs
b. Mr A has no X's while Mr. B has 10 X's. What are the marginal and total values at this quantity? Using either method discussed in the chapter, determine how much each will have after trade? What will be their marginal values at this quantity?
Investor Choices
Please read the chapter and learn about options to invest in stock and bonds. Please develop a list of pros and cons for each item and share your list with the other students.
Chapter Links:
https://saylordotorg.github.io/text_personal-finance/s19-owning-stocks.html
https://saylordotorg.github.io/text_personal-finance/s20-owning-bonds.html
Use the compound interest calculator to answer the questions. Here are a few things to do when using the calculator:
Calculator Link: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
The Initial Investment will be the same as the Monthly Contribution.
Set the Compound Frequency to Annually.
Round all monetary answers to the nearest whole dollar.
Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.5% interest per year.
What is the total balance in the account after 40 years?
How much of the total did Raul contribute himself?
How much money did Raul make through compound interest in this savings account?
Identify one way Raul could have increased the total amount of money he made over the 40 years. Explain your reasoning.