Economics Answers

How can Incoterms be used as a competitive advantage?

Where does government import price floor and price in a certain communities who are the beneficiaries of both.

Why aggregate demand is determined by money supply in classical model????

Suppose the demand curve for a product is given by Q = 300 – 2P + 4I, where I is average income measured in thousands of dollars. The supply curve is Q = 3P – 50.

a. If I = 30, find the market clearing price and quantity for the product.

b. If I = 60, find the market clearing price and quantity for the product.

c. Draw a graph to illustrate your answers.

Q=400-2P+4i and Q=100+30

South Africa has an unemployment rate of around 32.6% (using the narrow definition) and 43.2% (using the broad definition). Using market supply and market demand curves describe how the market will react to the introduction of statutory minimum wage. Indicate what the likely effect would be on the unemployment situation in South Africa.

Characteristic of s partnership business and also were could it be located. How does it function and which services can be rendered

1. Given the utility fucntion u =150x +40x²-x³derive average and marginal utility functions, Find the value of X at which total utility is maximum, and the value of X at which average utility is maximinum?

Money demand in an economy in which no interest is

paid on money is

Md

p == 500 + 0.2Y - 1000i.

a. Suppose that P = 100, Y = 1000, and i = 0.10. Find

real money demand, nominal money demand, and

velocity.

b. The price level doubles from P = 100 to P = 200.

Find real money demand, nominal money

demand, and velocity.

Suppose the interest rate on a one-year bond today is 

6°/o per year, the interest rate on a one-year bond one 

year from now is expected to be 4°/o per year, and the 

interest rate on a one-year bond two years from now is 

expected to be 3°/o per year. The term premium on a 

two-year bond is 0.5°/o per year and the term premium 

on a three-year bond is 1.0°/o per year. In equilibrium, 

what is the interest rate today on a two-year bond? On 

a three-year bond? What is the shape of the yield 

curve?