In Week 1, consider a job you have held that you did NOT find motivating. What job characteristics were missing?
Besides the source attached, introduce and cite at least one other source of information for your initial post
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international political economy
Hello, I have an international political economy class assignment needs help.
Compare and contrast the economic policies and theories underpinning Import Substitution Industrialization (ISI) and the East Asian model, using case material to support your discussion.
In your answer:
1. Discuss the trade strategies developing countries have pursued, including engaging in multilateral negotiations.
2. Discuss the gains from trade.
3. Relate your discussion as much as possible to the readings and lectures we have had during the trade section of this course.
4. The paper should be no more or less than five pages (excluding cover page), double-spaced, Times Roman 12 font, with 1 inch margins
Case links:
1. http://www.cfr.org/international-organizations-and-alliances/world-trade-organization-wto/p9386
2. Attached case studies .
3. Thomas Oatley “ International Political Economy” , CHAPTER 1-7 ( E-BOOK is attached )
Please follow the instructions carefully and finish the work before due. Thank you.
Need help with powerpoint
Need help with my powerpoint assignment:
All specifics are in the attachments:
Here is information on the two articles thats part of the assignment:
Survey selected- Goods-producing Employment – CES0600000001
website for survey selected: https://data.bls.gov/timeseries/CES0600000001?data…
1) A school raffle sells 1,000 tickets at $1 each for a $350 bookstore credit. If Ramona buys one ticket, what is her net expected value for this
1) A school raffle sells 1,000 tickets at $1 each for a $350 bookstore credit. If Ramona buys one ticket, what is her net expected value for this gamble?
-$0.65
-$0.20
-$350
-$0.001
$0.35
2) In a price-discrimination setting, who pays the higher price for the same good?
Consumers with the most inelastic demand pay the highest price.
Consumers with the most elastic demand pay the highest price.
All consumers pay the same high price.
It is unknown which consumers would pay the higher price.
The consumers with the most inelastic supply pay the highest price
3) When people make more money, they sometimes take more vacation time. Based on this information, we can say that leisure is a(n) ________ good.
substitute
complement
inferior
Giffen
normal
4) Use the following information to answer the following questions:
Mickey L. Douglas, owner of MLD Incorporated, knows that the marginal product of labor (MPL) for his workers can be defined as follows:
MPL = 32 – L
The total output a given level of workers can produce is found as:
Q = 32L – 1/2 L^2
He also knows that the price of his output is $3. His profits can be found as:
Profit = (P ´ Q) – (W ´ L)
What additional amount of output does the thirtieth worker contribute?
150 units
60 units
2 units
14 units
9 units
Have you been directly involved in any similar social action within a community?
American Values Assessment: Part Four (15%) Action Items, due end of Week 7.
“Social capital is closely related to what some have called “civic virtue”. The difference is that social capital calls attention to the fact that civic virtue is most powerful when embedded in a network of reciprocal social relations. A society of many virtuous but isolated individuals is not necessarily rich in social capital.”
Guidelines: See the Walljasper article (1977) listed in the week 1 E-Readings.
http://eds.a.ebscohost.com.ezproxy.umuc.edu/eds/pdfviewer/pdfviewer?sid=2e876e15-4921-44ac-ac28-3d7f8628d591@sessionmgr4005&vid=1&hid=4202
(1) Write a brief reflective paper (double-spaced,1-3 pages) on this reading. Immerse yourself in any part of the story’s actors described in the article that you like best. Address the following questions in your reflections: (a) Have you been directly involved in any similar social action within a community? (b) If so, how did you feel in terms of self-satisfaction that you had even a small part in the betterment of others? (c) If not, what would you do to help your neighborhood, if it was similar to the one on Dudley Street?
(2) Conclude your reflection paper with a final paragraph on the lesson you learned through this Dudley Street Initiative and its actors, answering this question: Considering my personality type and my likes and dislikes what will I most likely do to foster social capital in my community?
Rubric for Assessment Part Four
| Outstanding | Good | Needs Improvement | |
| Background or introduction/
abstract |
Contains all needed information and appeals to the reader. | Background is accurate and precise, and leads the reader to an understanding of what is to be presented.
|
Introduces the subject, but does not cover all issues.
The reader is somewhat prepared to understand the essence of the subject matter |
| Narrative with Evidence | Highly accurate and precise description of the issues and problems, along with careful consideration of alternatives or solutions.
Contains relevant values’ examples, and indicates salient issues the examples highlight.
|
Description of the problems and issues are accurate and precise.
Possible alternatives or solutions are considered. Provides several good examples of social capital |
Description of the problems and issues barely cover the basic theme.
The reader has a minimum grasp of social capital issues. |
| Analysis/Synthesis | Breaks the issue or argument into relevant parts.
Connections between the parts are clear, accurate, and articulate. Position/actions on social capital is accurately applied.
|
Breaks the issue or argument into relevant parts.
Connections between the parts are and make a good critique. Position/actions on social capital accurately applied. |
Fair attempt at addressing the problems and issues.
Includes comparison of values without a critical analysis. Does not accurately portray a position on social capital issues for the future. |
7.value:1.00 pointsYou did not receive credit for this question in a previous attemptThe annual output and prices of a 3-good…
7.value:
1.00 points
You did not receive credit for this question in a previous attempt
The annual output and prices of a 3-good economy are shown in the table below.
Good
Price
Year 1
Quantity of
Goods Year 1
Price
Year 2
Quantity of
Goods Year 2
Quarts of Ice Cream
$5
4
$5
6
Bottles of Shampoo
$3
2
$3
3
Jars of Peanut Butter
$2
4
$2
3
What was GDP in year 1? $
What was GDP in year 2? $
MIDTERM EXAMDUE DATE: TUESDAY, SEPTEMBER 27· Please write on answer sheet and sign: âI have neither given nor received assistance…
MIDTERM EXAM
DUE DATE: TUESDAY, SEPTEMBER 27
· Please write on answer sheet and sign: “I have neither given nor received assistance on this exam. Otherwise I am guilty of cheating.”
Questions from Pugh and Garrett, Introducing Keynesian Economics
1. One economist shown in the cartoon, Paul Samuelson, called the book difficult
a. and needing to integrate what was taught by the classical economists.
b. and not ready for prime time until it was better edited.
c. and brilliant.
d. both a) and b) are correct.
2. Based on their dancing away in spite of massive unemployment, the _________ economists depicted in the cartoon seemed to be ___________ the problems of the Great Depression.
a. classical — sympathetic to
b. classical — oblivious to
c. Keynesian – well aware of
d. Keynesian — interested in trying new methods of solving
3. “If the Treasury were to fill old bottles with banknotes,” refers to Keynes policy of
a. ending the depression with increasing aggregate demand.
b. ending the inflation of the 1920s be increasing aggregate demand.
c. ending the depression by increasing aggregate supply.
d. ending inflation once and for all by decreasing aggregate supply.
Questions from Keynes “An Open Letter to President Roosevelt.”
4. The purpose of Keynes’ letter to President Roosevelt isa. to congratulate him on his election as President.b. urge policy changes consistent withThe General Theory.c. urge policy changes consistent with classical economics.d. to urge helping farm incomes by selective supply decreases.e. both b) and d) are correct.
5. When Keynes refers to borrowing in paragraph 5, he is also referring to
a. tax and spend policies.
b. deficits.
c. what could be considered decreasing aggregate demand since he is implying more government spending without any tax increases.
d. what could be considered increasing aggregate demand since he is implying more government spending without any tax increases.
e. both b) and d) are correct.
Questions on Lecture
6. When can savings be a “bad thing?”
a. never
b. when it causes inflation to increase.
c. when it causes unemployment to increase
d. both b) and c) are correct.
7. The equilibrium quantity both bought and sold and the price of good x are determined
a. by the intersection of the microeconomic supply and demand curves.
b. by the intersection of the macroeconomic supply and demand curves.
c. by the macroeconomic supply curve.
d. by the macroeconomic demand curve.
8. An increase in aggregate demand with an upward (positively) sloping supply curve will
a. increase employment.
b. increase the price level.
c. increase output.
d. all of the above.
9. Mr. E, who was a petroleum engineer for 20 years, has been laid off for the last three years. He has voluntarily withdrawn himself from looking for a job since he feels that he is too old to start a new career. For purposes of computing the unemployment rate he is classified as
a. frictionally unemployed.
b. unemployed.
c. a discouraged worker.
d. a member of the labor force.
10. __________ determines when a recession officially begins and ends, and this determination ______ made immediately when the recession occurs.
a. A consensus of business reporters // is
b. The President’s Council of Economic Advisors // is not
c. The NBER // is not
d. The President’s Council of Economic Advisors // is
11. Which of the following people is structurally unemployed?
a. Brendan left his job as a soda jerk in New Jersey to become a soda jerk in Madrid, NM. He was unemployed for 6 weeks during the transition.
b. Mildred quit her job after giving birth to a child.
c. Clem, a skilled corset maker, lost his job when his factory shut down due to a permanent reduction in the demand for corsets.
d. Dwanella lost her job when the electronics assembly plant was shut down temporarily due to low sales of the product.
12. If one produces more because of longer hours at work, then one can infer an increase in productivity.
a. true
b. false
13. Sandy discovers that by entering the Woolly Wild West Fun Center via a side road she can avoid the long lines at the main entrance. Everyone at the park reaches the same collusion and acts upon it. This can best be described as an example of
a. correct macroeconomic reasoning.
b. the fallacy of composition.
c. a normative way of thinking.
d. both a) and c) are correct.
14. The level of real GDP and the price level are determined
a. by the intersection of the microeconomic supply and demand curves.
b. by the intersection of the macroeconomic supply and demand curves.
c. by the macroeconomic supply curve.
d. by the macroeconomic demand curve.
15. An increase in the price level means
a. all prices are increasing.
b. all prices that are increasing are increasing at the same rate.
c. the average level of prices is increasing.
d. both b) and c) are correct.
16. Which one of the following can be determined by all income that the factors of production receive during a particular period?
a. national income
b. gross domestic product
c. disposable income
d. personal income
e. both a) and d) are correct as long as transfer payments are also included in national income.
17. Which one of the following items is NOT a factor cost?
a. proprietor’s income
b. employees’ compensation
c. business transfer payments
d. dividends
e. rental income of persons
18. If prices on average have remained constant between 1970 and 1990 and the price of a McDonald’s hamburger increased from $1.00 to $4.00 then,
a. there has been both a nominal and a real price change.
b. there has been only a nominal price change.
c. there has been only a real price change.
d. there has been neither a real nor a nominal price change.
19. The Keynesian range of the aggregate __________ curve shows an economy in which aggregate demand is relatively ________.
a. supply – stable
b. supply – low
c. demand –constant
d. demand — high
e. both a) and c) are correct.
20. Bottleneck inflation occurs
a. in an economy with substantial amounts of unemployment.
b. at full employment.
c. before full employment.
d. when resources are perfectly interchangeable.
e. both c) and d) are correct.
21. Which is the best description of the effects of inflation?
a. Inflation redistributes income. Since some benefit, inflation is not really a problem.
b. Inflation decreases everyone’s nominal and real income.
c. Inflation decreases everyone’s nominal income but not anyone’s real income.
d. Inflation redistributes income arbitrarily. Therefore some win and some lose from inflation.
22. Which of the following transactions should not be included in the calculation of GDP?
a.
Jim purchases a new automobile.
b.
Joe pays a plumber $100 to fix a broken pipe.
c.
Sandy receives $100 in food stamps.
d.
Kurt purchases an airline ticket for $500 just before a big reduction in fares.
23. If the consumer price index (CPI) was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
a.
2004.
b.
2005.
c.
2006.
d.
The base year cannot be determined from the given information.
24. Which of the following is a type of unemployment that is due to business cycles? This type of unemployment rises during economic recessions and falls during economic expansions.
a.
cyclical unemployment.
b.
frictional unemployment.
c.
natural rate of unemployment.
d.
structural unemployment.
Go to: http://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/ to answer the following four questions:
25. This data is provided by __________ and is on _____________.
a. Phil Mayer // unemployment and GDP
b. Bureau of Economic Analysis // inflation
c. Kennesaw State University // inflation and unemployment
d. Bureau of Labor Statistics // inflation
26. Which of these does the number 233.707 represent?
a. the inflation rate for 2014
b. the inflation rate for 2013
c. the CPI for January 2014
d. the CPI for January 2015
c. the inflation rate for January 2014 through January 2015
27. For this question, note that when computing percentage changes, the denominator should be the initial number. How would you compute the inflation rate from December 2008 to December 2009?
a. 215.949 – 210.228 divided by 215.949
b. 215.949 – 210.228 divided by 210.228
c. 215.303 – 214.537 divided by 215.303
d. 214.537 – 215.303 divided by 214.537
28. Let’s say that a textbook sells for $200 in July, 2015. You note that the CPI is 238.654 for July, 2015. If you wanted to know what the same text sold for in July,1985 assuming that the real price is constant, what else do you need to know?
a. that the base period is 1982-1984.
b. that the inflation rate in 1985 was 3.6 percent based on a year to year average
c. the quotient of 107.8 / 238.654
d. the inflation rate from July 1985 to July 1986
e. both a) and b) are correct
29. In recent years the both the unemployment and labor force participation rate are declining. The best interpretation is
a. both employment indicators suggest an improved economy.
b. the economy is headed towards a recession.
c. this is a mixed message on the state of the labor market.
d. the economy is headed towards stagflation.
30. The Phillips’ Curve can be associated with the intermediate region of the
a. aggregate supply curve.
b. aggregate demand curve.
c. microeconomic demand curve.
d. microeconomic supply curve.
e. both a) and b) are correct.
31. A substantial increase in oil prices in the 1970s caused
a. demand-pull inflation.
b. cost-push inflation.
c. stagflation.
d. both a) and b) are correct.
e. both b) and c) are correct.
32. A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result,
a.
U.S. investment and GDP increase, but German GDP is unaffected.
b.
U.S. investment and German GDP increase, but U.S. GDP is unaffected.
c.
U.S. investment, U.S. GDP, and German GDP are unaffected, because tractors are intermediate goods.
d.
U.S. investment, U.S. GDP, and German GDP all increase.
Short Answer and Question
33. You are in the Keynesian range of the aggregate supply curve. Advise the President on good economic policy. The terms “aggregate demand”, “output”, “employment” and “inflation” should be part of your answer. Answer in no more than 75 words.
POINT VALUE OF QUESTIONS:
1-32: 10 points each
33: 30 points
TOTAL 350 POINTS
econ db5
Analyze and evaluate the impact of public policy on economic growth from an ethical and global position. Be sure to be specific as to which ethical posture you are taking.
Also state whether or not you enjoy these types of evaluations and if you would consider these types of responsibilities in a future career.
1 paragraph
1 APA Citation
prove the given identity in the question attached……………………………………………………………….
prove the given identity in the question attached……………………………………………………………….