Assignment 3

6. Normative and positive statements The following table contains statements that provide some analysis of policies that address the financial crisis of 2007-2009. Categorize each statement as positive or normative. Statement The financial crisis was caused by faulty mathematical models that encouraged excessive risk taking. The lack of effective regulation contributed to a risk-seeking culture in the financial services industry. Central banks should have imposed tighter regulations on banks to prevent the financial crisis. Executives of banks that received financial assistance from the government should not have received bonuses. Positive Normative O O O O O OO

Scenario 1: The economy enters a recession driving down the demand for homes nationwide.

Describe some of the challenges in creating an effective supply chain and some of the trade-offs involved

CRUDE OIL: COMMUNITY ENGAGEMENT OF A MULTINATIONAL OIL COMPANY  Greg breathes a sigh of relief,thankful that he wouldn’t have to ask for directions to his office (again). It has been an exhausting first week. Once inside his office, Greg smiles fondly at a framed photo of a younger, sweatier version of himself (losing badly while) playing football with Peruvian community leaders. His focus on maintaining positive relationships with local Peruvian communities while handling his former company’s mining operation in the Amazon basin had attracted the attention of national media. After The Peruvian President retweeted the picture of Greg and his team playing football with the Peruvians, Greg became somewhat of a celebrity for a few days. Greg likes to joke that he keeps the photo in his office to remind himself of one of his greatest victories (the community engagement project was a huge success) and one of his greatest failures (Greg’s team lost the football game 9-0). Greg Cook steps…

Rail freight carloads and intermodal container traffic and changes are a telltale of supply chain activity and the economy at large. Slower traffic could indicate a cooling off while higher traffic portends increasing activity.. From Graph, what do you surmise?

Activity 2 Statistics Reading The most major economic problem of our country today is the reduction of the GDP caused by the pandemic together with the other forces of the market and economic problem as seen in the data below. Give your analysis and the ways you can think of to improve our economy? 10 6.6 6.5 6.2 -0.7 -5 -1 -11.5 -1 -16.9 -2 Jan 2018 Jul 2018 Jan 2019 Jul 2019 Jan 2020 Jul 2020 SOURCE: TRADINOECONOMCS.COM NATIONAL STATISTICS OFFICE OF PHILIPPINES 1.What can you interpret about the GDP of the Philippines based on the Chart? 2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences based on certain article or news. 3. What do you think would happen in the GDP of the Philippines in the year 2022? List some of your views based on economic principles. ||

NEWS WIRE NORTH KOREA'S ROCKETS DEEPEN FOOD CRISIS   North Korea's Rocket Launches Cost $1.3 Billion   North Korea's rocket program is costly. In December 2012 North Korea successfully launched a long-range rocket carrying a satellite into space. That feat cost $300 million. The entire cost of the rocket program last year - including the failed launch in April - totaled about $1.3 billion according to estimates by South Korea experts. With that much money North Korea could have purchased 4.6 million tons of corn - enough to feed its population for 4-5 years. North Korea's ambitious nuclear program costs nearly triple that amount. The burden of North Korea's military program is evident in widespread poverty and periodic starvation.   Source: News accounts of December 2012 - January 2013.     According to the News Wire, what is the opportunity cost of North Korea's rocket program in terms of corn for North Korea's 25 million people?           million tons of corn

listen to this The Economist, Adam ruins everything video, and a few other articles about using a market to help animal conservation using trophy hunting. Please write a 1 to 2-page paper about how the program alters how people look at different animals. Paper requirements: Size: 11 Font: Calibri Spacing: Double Length: 1-2   Paper Questions: Adam ruins everything: https://youtu.be/cQh-f1rBjx4 The Economist: https://youtu.be/9y7YFjisSTg Vice article: Link Questions you must answer, you may write a standard paper, or you can answer the following questions in bullet point form. You must write it in an easy-to-read form regardless of how you choose to do it. What is trophy hunting? Is trophy hunting the main reason animals are being killed off? Why is there demand for exotic animal parts? How does this impact animal deaths? https://www.vice.com/en/article/akgb3a/rare-rhino-horns-worth-78-million-burnt Please describe how the program works. Walk me through all the steps. What issues do…

How do the laws of supply and demand affect ongoing business, and what policy or system could you use to help? Please give one example of an effect of supply or demand and then describe how you would manage the situation. Please be detailed and specific with a tangible example.

CS 21  Economics  please answer both a & b

What is the G7 summit? Full and detailed discussion. (Minimum of 500 words) You may refer to this lecture video: https://www.youtube.com/watch?v=SPYnH7FNhbk

Read the excerpt below and use it to answer the essay.“In some ways the state of the world economy is less hostile today than when (then) finance minister Tito Mboweni read his Budget Speech a year ago. Global economic growth rebounded significantly in 2021, after the decimation brought about by the Covid-19 induced recession in 2020.One of the outcomes of this was a sharp recovery in commodity prices, which has resulted in much higher-than-expected mining tax revenue in South Africa. This, in turn, has provided some welcome – albeit limited – breathing space on the fiscal front.The local economy is thought to have grown by more than 4.5 percent in 2021 – the highest annual increase in more than a decade. On balance, the finance minister should be able to meet spending demands (including the extension of the Sassa payments) for the year ahead, without widening the Budget deficit or resorting to punitive upwards adjustments to tax rates.”[Adapted from article by Professor André Roux] •…

Technology and innovation are continuously introducing changes in our society. Provide advantages and disadvantages of the significant and noticeable changes nationally and internationally that have been brought by the following: Disruptive services i.e., Uber, Airbnb; WhatsApp, Instagram Solution Guide What is the impact of these services in our society? Elaborate on the disruptive behavior brought by the above- mentioned services in the society? What is the future impact of these services?

Read the following text and complete the sentences below with the correct answers. New York’s ‘real’ Little Italy By Danielle Oteri A It’s a dark winter evening on Arthur Street in the Bronx, one of New York City’s five neighbourhoods. Shops are closing. But as shopkeepers turn off lights and pull down metal grates, the windows of Mario’s restaurant glow yellow. Inside you can see old paintings of Italy’s most famous places, from the Blue Grotto to the Leaning Tower of Pisa. “Some customers have told me they don’t like the paintings,” says owner Joe Migliucci. Joe is 80, but he doesn’t look a day older than 50. He’s Mario’s son, and the paintings were made by his uncle, Ciro. He looks at them lovingly. “They say they’re too dark—too old-fashioned. But this is our history.”  B Mario’s is the oldest restaurant in one of the oldest Italian neighbourhoods in the city. New Yorkers know Arthur Street as the city’s ‘real’ Little Italy, where more than twenty Italian shops and restaurants have…

1)How do markets to Shifts in the Demand and / or the Supply curve.What is the difference between a movement along a specific demand curve or supply curve and a shift of that demand or supply curve. Provide an example using the recent Corona Virus situation. 2) What is GDP? What is real GDP ? What is per capita GDP ? Why is our GDP shrinking in the ongoing Corona Virus Crisis? What is a clear indication that the GDP will be decreasing? Question 3:Why did the Fed switch from increasing Federal Reserve target rates from Dec 2015 to Dec 2018 to reducing interest rates in August 2019? Question 4.Economists often say that trade is a win-win situation. How do you justify this? Why might well-educated economists disagree on appropriate public policy in some situations?Explain some policy options that the US and other countries are considering or implementing in terms of the Corona Virus crisis. 6. Carefully distinguish between an economic theory and economic model. What is the role of value…

create 2 ideas if you were creating a topic idea  based off of the information below It must be a MACRO topic with one including covid  economics theory is applied.  a thorough understanding of particular economic concepts/theories; that you can apply those concepts/theories to analyze daily events.

Write an Introduction for the following topic using the outline provided:Topic:  Using appropriate data, analyze the potential impact of Brexit on the Caribbean. Outine:What is Brexit?- Why did it occur? Why did the UK leave the EU- When did it occur?- What is the European Union?- Brief description of the state of the Eastern Caribbean economies- Why would it[Brexit] have an impact on the eastern Caribbean? What relationship doesthe eastern caribbean have with the UK and the E.U.? What do they trade with eachother? Were there FDI investments? How did this relationship affect the easterncaribbean?Please include references :)

PROBLEM: With the aid of supply and demand diagrams, show and explain how and why we would expect prices and quantities to change in each of the following markets if and when a political crisis were to cause a long lasting war in the Persian Gulf that would stop all oil shipments from that area. (a) The market for large SUVS. (b) The market for hybrid cars. (c) The market for coal. (d) The market for home insulation. (e) The market for motor oil.

Question 4 Read the news clip, then answer the following question. Eminem's decision to give a free concert O A. is not a rational choice O B. is a rational choice if he can deduct the concert expenses from his taxable income O C. is a rational choice if the marginal cost of the concert is greater than its marginal benefit D. is a rational choice if the wants and preferences of all the people in his entourage, all of Eminem's fans, and all the citizens of Detroit agreed with the decision O E. is a rational choice if the marginal benefit he receives from the concert is greater than its marginal cost e Text Ragon

sfcu.org You are currently in LockDown Browser am 1 is accepting submissions until Monday, February 22, 2021 at 5:00 pm Question 18 of 40 | Page 18 of 40 Show instructions Question 18 (1 point) Which of the following statements is true? a An opportunity cost is what must be given up in order to get something else. be The three fundamental economic questions refer to What to produce? How to produce? and When to produce? The term "investment" refers to the purchase of stocks and bonds and other financial securities. The law of increasing opportunity cost implies that as production of one type of good is expanded then fewer and fewer of other goods must be given up. Next Page Bagk MacBook Pro %23 2$ 3 4 5 8 W R

QUESTIONS: 1. How did Covid19 affect the Philippine economy? 2. How did the Philippines respond to fight Covid19 and save our economy? 3.how is economic doing today

Question 1 "Australia's booming housing demand could be impacted by China's move to restrict steel production, with rising prices impacting the essential material used to build houses as well as threats to supply." Adapted from News.com.au, 16 August 2021. (a) Using demand and supply analysis, predict the impact of the event on the housing market in Australia. Support your answer with a diagram. (b) Explain why this process does not cause market disequilibrium.

Question One On Tuesday, March 29, 2022, the parliament of Ghana passed the e-levy bill and by Thursday, March 31, 2022, the president of Ghana assented the bill into law. Discuss in detail, the economic implication of the e-levy law on: a) Ghana’s revenue mobilization b) Tax payers c) Mobile money dependent businesses d) Consumers Question Two On Thursday, February 24, 2022, Russia military troops invaded Ukraine and declared war, and the two countries have since been on a warpath. Owing to the interconnectedness of the modern world, no country is expected to be insulated from the fallout of this war. Discuss in detail, the economic implications of this war on: a) Ghana’s exports b) Ghana’s imports c) Ghana’s local production d) Ghana’s currency e) Inflation in Ghana f) Employment in Ghana

22. The United Kingdom is made up of several smaller countries that used to be independent. The largest is England and one of the smallest, Wales, became unified with England around 700 years ago. The land in most of England is relatively fertile and can be used to grow wheat or pasture sheep. Wales, on the other hand, is mountainous and it is hard to grow wheat or find good land on which to pasture sheep, although it can be done. The land costs of producing wheat and sheep are shown below. Wheat 5 acres/ton 10 acres/ton Sheep 2 acres/sheep 2.5 acres/sheep England Wales For simplicity suppose England has 20 acres and Wales has 10 acres. Now suppose that England conquers Wales and the king wants his economist, to plot out the production possibilities for his unified kingdom. Do not expect the PPF to be a straight line, so plot more than two points. It will be helpful to consider the different patterns of specialization below and plot the points. Fill in the table Production pattern…

22. The United Kingdom is made up of several smaller countries that used to be independent. The largest is England and one of the smallest, Wales, became unified with England around 700 years ago. The land in most of England is relatively fertile and can be used to grow wheat or pasture sheep. Wales, on the other hand, is mountainous and it is hard to grow wheat or find good land on which to pasture sheep, although it can be done. The land costs of producing wheat and sheep are shown below. Wheat England Wales 5 acres/ton 10 acres/ton Sheep 2 acres/sheep 2.5 acres/sheep For simplicity suppose England has 20 acres and Wales has 10 acres. Now suppose that England conquers Wales and the king wants his economist, to plot out the production possibilities for his unified kingdom. Do not expect the PPF to be a straight line, so plot more than two points. It will be helpful to consider the different patterns of specialization below and plot the points. Fill in the table Production pattern…

1. How does microeconomics relate to macroeconomics? 2. Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans. Sketch a demand and supply diagram to support your answers. • The number of people at the most common ages for home-buying increases. • People gain confidence that the economy is growing and that their jobs are secure. • Banks that have made home loans find that a larger number of people than they expected are not repaying those loans. • Because of a threat of war, people become uncertain about their economic future. • The overall level of saving in the economy diminishes. • The federal government changes its bank regulations in a way that makes it cheaper and easier for banks to make home loans.

please include the impact the drone technology has and will continue to will have on the economy. Drones: Reporting for Work INFOGRAPHIC: How drones are creating a $100 billion market opportunity too large to ignore based on research from Goldman Sachs Drone market outlook in 2021: industry growth trends, market stats and forecast With commercial, personal and military drone use on the rise, Business Insider explores this growing market and how it will affect the world. Drone Industry Outlook For the United States: 2020-2030-Consortiq The drone industry took a hit during the COVID-19 pandemic, but things are certainly looking up for the future. Here's why.

Read the following text and choose the correct answers (True/False) New York’s ‘real’ Little Italy By Danielle Oteri A It’s a dark winter evening on Arthur Street in the Bronx, one of New York City’s five neighbourhoods. Shops are closing. But as shopkeepers turn off lights and pull down metal grates, the windows of Mario’s restaurant glow yellow. Inside you can see old paintings of Italy’s most famous places, from the Blue Grotto to the Leaning Tower of Pisa. “Some customers have told me they don’t like the paintings,” says owner Joe Migliucci. Joe is 80, but he doesn’t look a day older than 50. He’s Mario’s son, and the paintings were made by his uncle, Ciro. He looks at them lovingly. “They say they’re too dark—too old-fashioned. But this is our history.”  B Mario’s is the oldest restaurant in one of the oldest Italian neighbourhoods in the city. New Yorkers know Arthur Street as the city’s ‘real’ Little Italy, where more than twenty Italian shops and restaurants have been in…

8 current news articles about Chinese president Xi Jinping. What appears to motivate Xi’s increasing power? What is he trying to accomplish? What are the implications of Xi’s ambitions for U.S. foreign policy? If you were a foreign policy advisor to the President of the United States, what recommendations would you make regarding the United States’ relations with China? Would you bring back a return of the Trans-Pacific Partnership?

The Chief Executive Officer of Dar Al Herfya (World of Handicrafts) spends her days contacting potential clients and setting up meetings in which she explains the salient features of the hand-made products she sells and their role in sustaining the rural economy in Oman. Her hectic schedule has not diminished her enthusiasm a bit. “This has been my routine for the last three years. You have to work hard if you have a mission,” says Zuwaina of her pet project. In 2012, Zuwaina relinquished her top corporate job, and all the perks that went with it, to launch her own company with the goal of promoting traditional Omani handicraft. “I worked with Omran as director of branding, and Omantel as senior manager of branding and communication. During my stints, I observed that corporate gifts never reflected Oman’s cultural identity. It prompted me to do an independent market research to learn about the alternatives available. It culminated in the launch of Dar Al Herfya,”…

The Chief Executive Officer of Dar Al Herfya (World of Handicrafts) spends her days contacting potential clients and setting up meetings in which she explains the salient features of the hand-made products she sells and their role in sustaining the rural economy in Oman. Her hectic schedule has not diminished her enthusiasm a bit. “This has been my routine for the last three years. You have to work hard if you have a mission,” says Zuwaina of her pet project. In 2012, Zuwaina relinquished her top corporate job, and all the perks that went with it, to launch her own company with the goal of promoting traditional Omani handicraft. “I worked with Omran as director of branding, and Omantel as senior manager of branding and communication. During my stints, I observed that corporate gifts never reflected Oman’s cultural identity. It prompted me to do an independent market research to learn about the alternatives available. It culminated in the launch of Dar Al Herfya,”…