Tariffs and Import Restrictions

Seven out of 10 economists agree on this proposition. Some quick thoughts on the following statement: Tariffs and import restrictions make most people worse off.

Tax cuts

Seven out of 10 economist agree on the following statement: A tax cut can help to lower unemployment when the unemployment rate is high. Some quick thoughts on the above.

Exporting Wine from US winery to Singapore

I have found that Singapore currently has a very stable economy. Also, the US-Singapore Trade Agreement has eliminated the trade barriers. I feel that the economic performance of the country is great and should not have any impact on shipping wine to Singapore. Do you agree?

Net Present Value

I need some help in solving this net problem question. I keep coming up with zero (0) and I don't think that is right. Any assistance will be appreciated. Prices for new components cost $50. Thus, P=MR=$50. Marginal costs MC=10+0.003Q and Total Costs TC=78,000+18Q+.002Q^2(this means the Q is squared). A new building wil ...continues

I need help answering some questions on Fundamentals of economics

I need your HELP answering these questions: 1. Explain how the circular flow diagram illustrates the interaction of households, governments, and business? 2. Illustrate market equilibrium using supply and demand curves? 3. Differentiate between movement along and shift of the demand curve? 4.Explain the relationship ...continues

Concepts and Problems in Macroeconomics

I am trying to grasp the needs of both countries unemployment concerns What is the relationship between Japan and Korea's unemployment? What Trends do you see in the data set? Support your assertions of trends with statistical evidence. What data sets did you find?

Balance of Payments

Balance of payments and its economic significance

Macroeconomics - open economy equilibrium solve for IS and LM curves

Taking into account the following: C= Ca = 0.75 (Y-T) Ca = 1000- 20r Ip = 600 - 20r T = 400 + 0.15Y M = 500 + 100 e + 0.0375Y G = 1,000 X = 400 - 100e + 0.01Yf (M/P)d = 0.4Y - 40r Ms/P = 2,000 E = 2 Yf = 100,000 X = exports M = imports Please show all your work and answer the following: a ...continues

IS-LM curves of equilibrium income and interest rate

If the Federal Reserve where ready to cut interest rates next week and officials indicated today that a quarter-point cut in federal funds remains firmly on the table, despite market expectations of a half-point cut. Please answer the following showing all of your work: 1) Before the Fed's action the equilibrium income and ...continues

I need help answering some questions on the beef Industry

I need your HELP answering this questions: 1. I need a brief history of the beef (cattle) Industry in the US 2. I need an overview (how the beef Industry stands now and how the beef Industry is doing now) 3. I need a SWOTT (Strengths, Weaknesses, Opportunities, Threats and Trends) analysis of the beef Industry 4 Is ...continues